Kanebo in negative net worth at least in past 5 fiscal years

Kanebo in negative net worth at least in past 5 fiscal years

TOKYO, Japan - Kanebo Ltd. Chairman Akiyoshi Nakajima tells a press conference in Tokyo on April 13 that the company had been in negative net worth on a consolidated basis for five years from fiscal 1999 to fiscal 2003 as its former management falsified reports by such accounting fraud as inflating sales and underreporting expenses.

  • Product Code
  • ILEA001108558
  • Registered date
  • 2005/4/13 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2005 Kyodo News
  • Media size
  • 1864 × 1228 pixel
  • Resolution
  • dpi
  • Deployment size
  • 763.03(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

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