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India

Ignis Ltd (3689.T)

3689.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ignis to increase voting power in Mellow to 54.9 pct for 10 mln yen
Tuesday, 24 Oct 2017 

Oct 24(Reuters) - Ignis Ltd <3689.T>:Says it plans to invest in Mellow Inc and will increase voting power in Mellow Inc to 54.9 percent from 54.2 percent, for 10 million yen .Says investment date on Nov. 8.  Full Article

Ignis raises consolidated full-year outlook for FY 2016
Monday, 25 Apr 2016 

Ignis Ltd:Says the company increased the consolidated full-year outlook for revenue to 4,700 million yen from 4,000 million yen for FY ending Sep. 2016.Operating profit forecast increased to 1,000 million yen from 700 million yen.Ordinary profit forecast increased to 1,000 million yen from 700 million yen.Net profit forecast increased to 900 million yen from 550 million yen.Earnings per share increased to 146.96 yen from 89.98 yen.Comments the increased income is the main reason for the forecast.  Full Article

Ignis raises consolidated full-year revenue outlook for FY 2016
Thursday, 4 Feb 2016 

Ignis Ltd:Says the company increased the consolidated full-year outlook for revenue to 4,000 mln yen from 3,500 mln yen, for the fiscal year ending Sep. 30, 2016.Operating profit forecast revised to 700 mln yen from an undetermined value.Ordinary profit forecast revised to 700 mln yen from an undetermined value.Net profit forecast revised to 550 mln yen from an undetermined value.Earnings per share revised to 89.98 yen from an undetermined value.  Full Article

BRIEF- Ignis to increase voting power in Mellow to 54.9 pct for 10 mln yen

* Says it plans to invest in Mellow Inc and will increase voting power in Mellow Inc to 54.9 percent from 54.2 percent, for 10 million yen