FamilyMart Co., Ltd.
TYO:8028 ISIN:JP3802600001
FamilyMart Co., Ltd. is a Japan-based company engaged in the convenience store business. The Company operates in two business segments. The Convenience Store segment operates a chain of convenience stores under the name FamilyMart both in Japan and overseas markets. The Others segment is engaged in the electronic commerce (EC) related business, accounting business, the provision of store-related services, the credit card business and the food manufacturing business. The Company has 12 subsidiaries and 16 associated companies. On December 24, 2009, the Company fully acquired a Japan-based company. On December 28, 2009, the Company acquired am/pm Japan Co., Ltd. from REX HOLDINGS CO LTD.
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Asian Activities Report for January 17, 2012 includes: CMMB Vision (HKG:0471) has successfully developed and produced its first 6-MHz CMMB chips for CMMB signal reception designed for the existing US television channel spectrum bandwidth; Poly (Hong Kong) Investments Limited (HKG:0119) announced today that the Group's contracted sales in 2011 amounted to approximately RMB 15.8 billion and the contracted gross floor areas sold were around 2.15 million square metres; FamilyMart Co., Ltd. (TYO:8028) says that from January 17th, 200 convenience stores owned by FamilyMart will accept China UnionPay credit cards; NEC Corporation (TYO:6701) has signed a contract with SAP (NYSE:SAP) Japan to provide Cloud Computing service - Software as a Service (SaaS) to global users.
US shares tumbled sharply for a third straight day on Friday as continued worries about the White House's plan to limit bank risk-taking. Google's disappointing earnings also hit the tech stocks. For the week, the Dow dropped 4.1 per cent, the S&P 500 lost 3.9 per cent and the Nasdaq tumbled 3.6 per cent.
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