Sept 29 (Reuters) - Sushiro Global Holdings Ltd <3563.T>:* Says parent co of Genki Sushi Co Ltd <9828.T> will acquire 9.5 million shares (32.7 percent stake) of the co, at the price of 4,000 yen per share, from Consumer Equity Investments Limited.* Says the parent co of Genki Sushi Co Ltd will increase voting power in the co to 32.7 percent from 0 percent .
Corrects second bullet to 32.72 percent:Genki Sushi says parent Shinmei to buy stake in Sushiro.Genki Sushi says parent Shinmei to buy 32.72 percent voting rights stake in Sushiro.Sushiro says to begin talks with Genki Sushi to merge operations.Genki Sushi says parent Shinmei to spend about 38 billion yen ($337 million) on Sushiro stake.
Sept 29 (Reuters) - Genki Sushi Co <9828.T>, Sushiro Global Holdings Ltd <3563.T>::Genki Sushi says parent Shinmei to buy stake in Sushiro.Genki Sushi says parent Shinmei to buy 32.27 percent voting rights stake in Sushiro.Sushiro says to begin talks with Genki Sushi to merge operations.Genki Sushi says parent Shinmei to spend about 38 billion yen ($337 million) on Sushiro stake.
July 28 (Reuters) - Genki Sushi Co Ltd <9828.T> ::* Says it plans to sell its wholly owned Singapore-based subsidiary Genki Sushi Singapore Pte Ltd to Japanese Dining Concepts (Asia) Ltd, with an undisclosed price, in late-August .
Genki Sushi Co Ltd <9828.T> : Says it plans to fully acquire 100 percent stake of shares in Genki Sushi Singapore Pte.Ltd. from Culinary Masters Singapore Pte.Ltd, in mid-Dec. .Says total transaction amount is around 310 million yen.
GENKI SUSHI CO LTD:Says the company has signed franchise contracts with UK-based KATANA FOODS (GSUK) LTD, Australia-based KATANA FOODS PTY LTD and Cambodia-based K concepts (Cambodia) Co Ltd, to grand the three companies for management of GENKI SUSHI restaurant chain.
GENKI SUSHI CO LTD:Says SHINMEI Holding CO., LTD. acquired 700,000 shares of GENKI SUSHI during the period from May 14 to June 10, raising stake in GENKI SUSHI to 3,600,000 shares (40.77 pct stake) from 2,900,000 shares (32.85 pct stake).Acquisition amount at 1,750 million yen.Settlement start date June 17.
GENKI SUSHI CO LTD:Says SHINMEI Holding CO., LTD. launches tender offer to acquire up to 700,000 shares in GENKI SUSHI at 2,500 yen per share, from May 14 to June 10.SHINMEI Holding intends to raise voting power in GENKI SUSHI to 40.77 pct (36,000 voting rights) from 32.85 pct (29,000 voting rights).SHINMEI Holding to pay up to 1,750 mln yen on settlement date June 17.
GENKI SUSHI CO LTD:Appoints Deloitte Touche Tohmatsu LLC as corporate auditor to replace Grant Thornton Taiyo LLC, effective June 19.
GENKI SUSHI CO LTD:Says the company decreased the consolidated full-year outlook for revenue to 29,360 million yen from 30,010 million yen for the fiscal year ending March 31, 2015.Operating profit forecast increased to 1,470 million yen from 1,280 million yen.Ordinary profit forecast increased to 1,540 million yen from 1,250 million yen.Net profit forecast increased to 1,240 million yen from 860 million yen.Earnings per share increased to 140.43 yen from 97.39 yen.Comments that increased sales in overseas markets is main reason for the forecast.