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Sojitz to incur 16 bil. yen in appraisal losses on commodity trading

Sojitz to incur 16 bil. yen in appraisal losses on commodity trading

TOKYO, Japan - Sojitz Holdings Corp. President Hidetoshi Nishimura (L) tells a press conference on March 9 that the company expects to incur about 16 billion yen in appraisal losses possibly caused by a ''serious violation'' of an in-house rule on commodity futures transactions at trading house Sojitz Corp. The company said it will set up an ''investigation committee,'' inviting an outside lawyer to unravel the matter.

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Sojitz to ask banks for 370 bil. yen in financial support

Sojitz to ask banks for 370 bil. yen in financial support

TOKYO, Japan - Sojitu Holdings Corp. President Hidetoshi Nishimura (L) holds a press conference Sept. 8 in Tokyo on its new three-year management plan. Nishimura said the struggling trading house will ask financial institutions for 370 billion yen to reinforce its capital.

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Nissho Iwai, Nichimen formally agree to form holding firm

Nissho Iwai, Nichimen formally agree to form holding firm

TOKYO, Japan - Tooru Hanbayashi (R), president of Nichimen Corp., and Hidetoshi Nishimura, president of Nissho Iwai Corp., speak at a press conference in Tokyo on Jan. 29 about a plan to create a holding company April 1 to integrate their management structure.

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2 major trading houses announce integration agreement

2 major trading houses announce integration agreement

TOKYO, Japan - Hidetoshi Nishimura (L), president of Nissho Iwai Corp., and Toru Hanbayashi, president of Nichimen Corp., shake hands at a press conference in Tokyo on Dec. 11. They announced that the two trading companies have agreed to set up a holding company next April to integrate their management.

  •  
Sojitz to ask banks for 370 bil. yen in financial support

Sojitz to ask banks for 370 bil. yen in financial support

TOKYO, Japan - Sojitu Holdings Corp. President Hidetoshi Nishimura (L) holds a press conference Sept. 8 in Tokyo on its new three-year management plan. Nishimura said the struggling trading house will ask financial institutions for 370 billion yen to reinforce its capital. (Kyodo)

  •  
Sojitz to incur 16 bil. yen in appraisal losses on commodity tra

Sojitz to incur 16 bil. yen in appraisal losses on commodity tra

TOKYO, Japan - Sojitz Holdings Corp. President Hidetoshi Nishimura (L) tells a press conference on March 9 that the company expects to incur about 16 billion yen in appraisal losses possibly caused by a ''serious violation'' of an in-house rule on commodity futures transactions at trading house Sojitz Corp. The company said it will set up an ''investigation committee,'' inviting an outside lawyer to unravel the matter. (Kyodo)

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(CORRECTED) 2 major trading houses announce integration accord

(CORRECTED) 2 major trading houses announce integration accord

TOKYO, Japan - Hidetoshi Nishimura (L), president of Nissho Iwai Corp., and Toru Hanbayashi, president of Nichimen Corp., shake hands at a press conference in Tokyo on Dec. 11. They announced that the two trading companies have agreed to set up a holding company next April to integrate their management. (Kyodo)

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A tree in Ise

A tree in Ise

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Sunset at Ise

Sunset at Ise

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A river in Ise

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The road on the peninsula

The road on the peninsula

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Flowers

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Sea of Dusk

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the sea of Ise

the sea of Ise

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Sunset at Ise

Sunset at Ise

Sunset at Ise City, Mie Prefecture, Japan

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The trees of Ise

The trees of Ise

Landscape,Ise City,Mie Prefecture

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Nissho Iwai, Nichimen formally agree to form holding firm

Nissho Iwai, Nichimen formally agree to form holding firm

TOKYO, Japan - Tooru Hanbayashi (R), president of Nichimen Corp., and Hidetoshi Nishimura, president of Nissho Iwai Corp., speak at a press conference in Tokyo on Jan. 29 about a plan to create a holding company April 1 to integrate their management structure. (Kyodo)

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