Dec 26 (Reuters) - GSI Creos Corp <8101.T>:Says Koji Nakashima passed away on Dec. 25 and Tadaaki Yoshinaga becomes the new president on Dec. 26.Previous news was disclosed on Dec. 1.
Dec 1 (Reuters) - GSI Creos Corp <8101.T>:Says it appointed Koji Nakashima as new chairman of the board and Tadaaki Yoshinaga as new president, effective Jan. 1, 2018 .
May 8 (Reuters) - GSI Creos Corp <8101.T>:* Says Shenzhen-based unit has concern of uncollectible or delayed receivables of 44.3 million yuan(or 742 million yen) from Jiangsu province-based company, which is engaged in sale and manufacture of mask.* This is due to suspension of production at plant of the Jiangsu province-based company.
GSI Creos Corp <8101.T> :Says its unit, a Saitama-based paper-tube maker, plans to sell property (land and building) for 2.1 billion yen, in March 2017.
GSI Creos Corp:To sell a Tokyo-based property (land and building) for 1,331 million yen in total, on March 31.Says it expects an extraordinary profit of 1,331 mln yen recorded as gain on sale of property for fiscal year ending March 2016.
GSI Creos Corp:To fully acquire its 95 pct owned subsidiary, which has been engaged in the manufacturing and sales of paper pipe in Saitama prefecture, Japan, through stock swap.For the stock swap, one share of the subsidiary's common stock will be exchanged for 63 shares of GSI Creos's common stock.Effective date March 31.
GSI Creos Corp:Sees full-year consolidated outlook for revenue of 150,000 million yen raised from 135,000 million yen, for fiscal year ending Mar. 31, 2014.Sees full-year operating profit of 1,600 million yen.Sees full-year ordinary profit of 1,400 million yen.Sees full-year net profit of 1,000 million yen.Sees full-year earnings per share of 15.56 yen.Says outlook raised due to increase in overseas sales of inner fabrics.
GSI Creos Corp announced that it has appointed current Senior Managing Director, Mr. Koji Nakashima, as the new President of the Company effective October 1, 2013, to replace Mr. Yoshihiro Fukase who will resign for health reasons on September 30, 2013.
GSI Creos Corporation announced that it will sell all shares of its wholly owned subsidiary, which is engaged in the manufacturing and sale of inner wear in Dalian, China, to Unique Apparel Co. Ltd., in April 2011. As a result, the Company will hold no stakes in the subsidiary. Therefore, the Company expects to record JPY 26 million loss on restructuring of subsidiaries as extraordinary loss for the fiscal year ended March 2011.
GSI Creos Corporation announced that it has decided to restructure its planning, manufacturing and sale of clothing goods business into a wholly owned subsidiary of the Company, effective April 1, 2011.