Honeys Holdings Co Ltd (2792.T)

2792.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Honeys says transition to holding company structure
Friday, 15 Jul 2016 

Honeys Co Ltd <2792.T>: Says it to restructure the company into a holding company, effective March 1, 2017 . Says it to establish a wholly owned subsidiary in Japan on July 21 as successor preparatory company for the company's transition to holding company . Says it to transfer part of rights and obligations concerning store operations business of clothing retail store in Japan and internet mail order business to the new subsidiary .Says it to change its company name to Honeys Holdings Co Ltd, with effective date on March 1, 2017.  Full Article

Honeys revises consolidated full-year outlook for FY 2016
Tuesday, 29 Mar 2016 

Honeys Co Ltd:Says the company remained the consolidated full-year outlook for revenue at 59,100 million yen for FY ending May 2016.Operating profit forecast at 2,600 million yen.Ordinary profit forecast decreased to 1,000 million yen from 1,800 million yen.Net profit forecast decreased to 300 million yen from 700 million yen.Earnings per share decreased to 10.76 yen from 25.11 yen.Comments the appreciation of the yen and decreased income are the main reasons for the forecast.  Full Article