Fujiya expects to book net loss of 6.7 bil. yen in FY 2006

Fujiya expects to book net loss of 6.7 bil. yen in FY 2006

TOKYO, Japan - Confectioner Fujiya Co. said March 13 it expects to book a group net loss of 6.7 billion yen in the current fiscal year to March 31, revising its November forecast of a profit of 800 million yen, due to the revelation of its use of expired ingredients in cake products. Although Fujiya will chalk up extraordinary profits from sales of assets, including the land and building of its head office in Tokyo's Ginza shopping district (shown in photo taken in January 2007), the net loss will be unavoidable because of the large scandal-related losses. (Kyodo)

  • Product Code
  • ILEA000035420
  • Registered date
  • 2007/3/13 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
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  • Media size
  • 1199 × 2003 pixel
  • Resolution
  • 72 dpi
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  • 491.04(KB)*
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