Norinchukin Bank Projects Net Loss of 1.9 T. Yen
Tokyo, Feb. 20 (Jiji Press)--Norinchukin Bank said Thursday it expects to incur a net loss of around 1.9 trillion yen in the fiscal year ending next month.
The Japanese lender also said its president, Kazuto Oku, will step down as of March 31. Managing Executive Officer Taro Kitabayashi will be promoted to president on April 1.
(2025/02/20-16:45)
To read a full story, please click here to find out how to subscribe.
BUSINESS
-
02/21 10:56 Japanese Luxury Cruise Ship Asuka III to Enter into Service in July -
02/20 21:12 KKR Successfully Completes Tender Offer for Fuji Soft - 02/20 18:28 (Update) Norinchukin Bank President to Resign over Huge Loss
- 02/20 16:45 Norinchukin Bank Projects Net Loss of 1.9 T. Yen
- 02/20 13:36 Suzuki Motor Targets Operating Profit of 800 B. Yen in FY 2030
- 02/20 09:38 Osaka Gas Aims to Boost City Gas Sales in India
- 02/19 19:32 Mitsui to Invest 5.3 B. Dlrs in Aussie Iron Ore Project
- 02/19 18:47 Kobayashi Pharma Shareholders Reject Hong Kong Fund's Proposals
- 02/19 15:47 Major Japanese Automakers Wary of Trump Tariffs
- 02/18 19:49 (Update) Mizuho Admits Safe Deposit Thefts Occurred in 2019
- 02/18 13:54 Safe Deposit Box Thefts Found at Mizuho Bank
- 02/17 23:01 JR Tokai Unveils Disney-Themed Shinkansen Train
- 02/17 19:53 (Update) Bain Capital Drops Bid for Fuji Soft
- 02/17 14:44 Bain Capital Drops Bid for Fuji Soft
- 02/15 13:07 Kioxia Posts Record Net Profit in April-Dec.
