Brief: Japan's Onward Holdings To Close Around Fifth Of Its Stores - Nikkei

Onward Holdings

02/10/2019 16:31

Oct 2 (Reuters) - Nikkei:
    * JAPAN'S ONWARD HOLDINGS WILL CLOSE AROUND A FIFTH OF ITS
STORES
WORLDWIDE - NIKKEI
    * ONWARD HOLDINGS WILL CLOSE ALL OF ITS 14 STORES IN JAPAN
AT END
OF OCTOBER - NIKKEI
    * ONWARD HOLDINGS WILL SOON SLASH EARNINGS FORECAST FOR FY
ENDING
FEB 2020 TO REFLECT COST OF CLOSURES - NIKKEI
    * ONWARD HOLDINGS WILL MAINTAIN ITS CURRENT DIVIDEND PLANS -
NIKKEI
    * ONWARD HOLDINGS EXPECTED TO SEE NET LOSS OF ROUGHLY 30
BILLION
YEN ($278 MILLION) FOR FY ENDING FEB. 2020 - NIKKEI

Source text: https://s.nikkei.com/2pp9iMB
Further company coverage:  8016.T 

 ((Reuters.Briefs@thomsonreuters.com;))