Jan 29 (Reuters) - Japan's Watami Co Ltd <7522.T>::TO BUY BEAUTIFUL ORIENTAL GROUP'S ENTIRE 60 PERCENT STAKE IN THEIR JV WATAMI CHINA FOOD & BEVERAGE COMPANY LTD FOR HK$18 MILLION.
Aug 15 (Reuters) - Watami Co Ltd <7522.T>:Says it will sell food manufacture and sale business to Tokyo-based food manufacture and sale firm, for 940 million yen in total, effective Oct. 1 .
May 12 (Reuters) - Nikkei::Watami Co Ltd likely swung to a group net loss of roughly 2 billion yen ($17.6 million) in the year ended March 31 - Nikkei.Watami Co Ltd's pretax profit likely came to 700 million yen or so, sales apparently declined to some 100 billion yen in the year ended March 31 - Nikkei.Watami Co Ltd's operating profit likely swung to roughly 200 million yen in the year ended March 31 from the previous year's 290 million yen loss - Nikkei.Watami's existing-store sales likely grew 3 percent in the year ended March 31, current FY through March 2018 will likely see it return to net profit - Nikkei.
Nikkei : Watami apparently turned its first group pretax profit for the April-December period since 2013 - nikkei . Watami Co Ltd is expected to maintain guidance of 200 million yen in net profit for the year ending in march - nikkei . Watami Co Ltd's total sales apparently fell 30% to around 74 billion yen for the April-December period- nikkei .Watami Co Ltd looks to have logged operating loss of around 100 mln yen for April-Dec period compared with operating loss of 494 mln yen a year earlier - nikkei.
Watami Co Ltd <7522.T>: Says its Hong Kong-based unit, Watami International Co.Ltd, plans to jointly develop Japanese food restaurant business in China mainland with HMV Cultural F&B Group limited, a unit of HNA Group International Co Ltd <HNAIRZ.UL> . Says Watami International Co.Ltd to sell 60 percent stake in its newly established Hong Kong-based unit Watami China Food & Beverage Company Limited to Beautiful Oriental Group limited for 29.1 million yuan . Says Beautiful Oriental Group limited is wholly owned by HMV Cultural F&B Group limited .Says the selling effective on Nov. 30.
WATAMI CO LTD:Subsidiary Watami Farm & Energy Co., Ltd. to sell entire stake in a Sapporo-based solar power generation sub-subsidiary and a Hokkaido-based sub-subsidiary to CSS Co., Ltd at 500,000 yen.
WATAMI CO LTD:Says it expects an extraordinary profit of 15,126 mln yen recorded as gain on sale of equities in unit for Q3 of fiscal year ending March 2016.
WATAMI CO LTD:Raises year-end dividend forecast to 10 yen per share from 0 yen, for the fiscal year ending March 2016.
WATAMI CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 127,000 million yen from 148,800 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to 0 yen from 1,300 million yen.Sees a decrease of ordinary profit forecast to -800 million yen from 500 million yen.Sees an increase of net profit attributable to parent company's shareholders forecast to 13,000 million yen from 1,000 million yen.Sees an increase of earnings per share to 348.10 yen from 26.77 yen.Comments the sales decrease and gain on sale of securities are the main reasons for the forecast.
Sompo Japan Nipponkoa Holdings, Inc:To acquire 64,429 shares (100 pct voting rights) in Tokyo-based company Watami no KAIGO from WATAMI.Transaction amount expected at 21,000 mln yen.Planned effective Dec. 1.