virtualreview

japan: news and opinion

Tokio Marine to shed Aozora shares

Tokio Marine & Nichido Fire Insurance Co. plans to sell all of its shareholdings in Aozora Bank because the investment failed to achieve as much synergy between Tokio Marine's insurance and Aozora Bank's banking operations as had been hoped, sources said... ...full story at Japan Times

from Japan Times on Wed, Apr 09 2008

see also:

20 Jun 08 visit TOKIO HOTEL SECRETS REVEALED  »  YouTube videoClick link above to learn all new secrets about Tokio Hotel. tags. Tokio hotel, Tokyo Hotel, German band tokio hotel Bill Kaulitz Tom Kaulitz Georg Listing Gustav Schäfer Tokio Hotel rocks Tokio Hotel Video Tokio Video Rock Video Tokio Hotel Tokio Hote...
13 Nov 08 visit Aozora likely to see group net loss  »  Japan Times Aozora Bank will probably suffer several billion yen in consolidated net losses this business year after getting burned by overseas investments that went awry due to the global financial crisis, sources said Thursday. Aozora, the first major Japanese...
17 Apr 08 visit Aozora chairman expected to resign  »  Japan Times Aozora Bank Chairman Kimikazu Nomi is expected to resign next month due to a standoff with the bank's top shareholder, U.S. investment fund Cerberus, sources said Thursday.
28 Oct 08 visit Business › Aozora Bank announces Y20 bil buyback of own shares  »  Japan Today Aozora Bank said Tuesday it will buy back own shares worth up to 20 billion yen in preparation for its repayment of public funds it…
24 Mar 08 visit Millea to rename self Tokio Marine  »  Japan Times Millea Holdings Inc. said Monday it will change its corporate name to Tokio Marine Holdings Inc., effective July 1, to promote group operations on a global basis. Read the full story . . .
24 Apr 08 visit Aozora, others face FSA order to shape up  »  Japan Times The Financial Services Agency may issue a business improvement order to Aozora Bank and two regional banks — Gifu Bank and the Bank of the Ryukyus — following sharp downgrades to their fiscal 2007 earnings forecasts, agency sources said Thursday. ...

« Today's Stories