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Laox Co Ltd (8202.T)

8202.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Laox units to takeover businesses for totally 770 mln yen
Friday, 19 Aug 2016 

Laox Co Ltd <8202.T>: Says its unit MODE ET JACOMO to takeover business of planning and wholesale of women's shoes from SHIN-EI Corporation, for 380 million yen . Says its another Tokyo-based unit to takeover business of manufacturing and sales of footwear from SHIKO GROUP, for 390 million yen .Says transactions will effective on Aug. 31.  Full Article

Laox updates completes share repurchase
Friday, 1 Jul 2016 

Laox Co Ltd <8202.T>: Says it completed repurchase of 15.2 million shares of its common stock . Says shares repurchased is at 2.00 billion yen in total .Share repurchase period from Feb. 18 to June 30.  Full Article

Laox employees summary indicts by Osaka District Public Prosecutors Office
Tuesday, 22 Mar 2016 

Laox Co Ltd:Says its two employees in Osaka store was summary indicted by Osaka District Public Prosecutors Office for suspicion of promotion of illegal part-time job of foreign students.  Full Article

Laox forms joint venture with China-based company
Wednesday, 24 Feb 2016 

Laox Co Ltd:Forms a joint venture with China-based company on Feb. 19.The joint venture, GREENLAND AND LAOX INVESTMENT LIMITED, is engaged in the real estate investment and operation in Hong Kong, China.GREENLAND AND LAOX INVESTMENT LIMITED is capitalized at HK$ 1,000,000 in all.Laox holds 35 pct stake, and the China-based company holds 65 pct stake in GREENLAND AND LAOX INVESTMENT LIMITED, respectively.  Full Article

Laox plans to repurchase shares
Thursday, 18 Feb 2016 

Laox Co Ltd:To repurchase up to 25,000,000 shares, representing 3.7 pct of outstanding.Says share repurchase up to 3,000,000,000 yen in total.Says repurchase period from Feb. 18 to June 30.  Full Article

BRIEF-Laox to acquire stake in two firms

* Says it will acquire 95 percent stake (58,426 shares) in OGITSU CORPORATION directly and indirectly