Descente Ltd (8114.T)

8114.T on Tokyo Stock Exchange

16 Mar 2018
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¥-19 (-1.11%)
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Latest Key Developments (Source: Significant Developments)

Descente to set up unit DESCENTE ATHLETIC AMERICAS
Tuesday, 16 Jan 2018 

Jan 16(Reuters) - Descente Ltd <8114.T>:Says it plans to set up an unit DESCENTE ATHLETIC AMERICAS INC, which will be mainly engaged in sales of athletic wear and golf wear under "Descente" brand .Says DESCENTE ATHLETIC AMERICAS will be capitalized at $10 million (about 1.1 billion yen) and will be established in March .Says the company and the company's wholly owned unit DESCENTE GLOBAL RETAIL LTD will hold 50 percent stake in DESCENTE ATHLETIC AMERICAS respectively .  Full Article

Descente plans spin-off Japan-based business to newly established unit
Wednesday, 31 Aug 2016 

Descente Ltd <8114.T> : Says it plans to set up a wholly owned subsidiary Descente Japan Ltd in Osaka, as successor preparatory company in mid-Sep. .Says it plans to transfer its Japan-based business to the newly established unit, effective on April 1, 2017.  Full Article

Descente to spend $93 mln for research and development in Japan,South Korea-Nikkei<8114.T>
Wednesday, 8 Jun 2016 

Nikkei: Descente Ltd to spend $93 million for research and development in Japan and South Korea, aims to lift total sales by 50 percent to 200 billion yen in 2020- Nikkei .  Full Article

Desente to transfer most of domestic business to newly established preparatory firm
Tuesday, 10 May 2016 

Desente Ltd <8114.T>: Says it will set up a wholly owned preparatory company to take over part of Desente's business via corporate splits .Says the preparatory company to be set up in mid September and corporate splits effective April 1, 2017.  Full Article

DESCENTE says to name new chairman
Thursday, 31 Mar 2016 

DESCENTE LTD:Chairman Nobuo Kuwayama to be replaced by Ichiro Nakamura in June.  Full Article

UPDATE 1-ANTA logs record profit on China's sporting boom, to make global push

* ANTA says to expand globally in 2018 (Add management comment, stock reaction)