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Ashikaga Bank, Misuzu Audit to settle damages suit

Ashikaga Bank, Misuzu Audit to settle damages suit

UTSUNOMIYA, Japan - Ashikaga Bank President Norito Ikeda speaks at a news conference in Utsunomiya, Tochigi Prefecture on July 2, announcing that the bank has reached a basic agreement with Misuzu Audit Corp. to settle their court battle in which the regional lender had sought 1.1 billion yen in damages from the audit firm in connection with the bank's 2003 nationalization.

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Ashikaga Bank incurs 679 bil. yen negative net worth

Ashikaga Bank incurs 679 bil. yen negative net worth

UTSUNOMIYA, Japan - Nationalized Ashikaga Bank President Norito Ikeda tells reporters in Utsunomiya, Tochigi Prefecture, on June 11 that the bank developed a negative net worth of 679.0 billion yen in fiscal 2003 due to a surge in loan-loss charges stemming mainly from stricter assessment of the performances of its corporate borrowers.

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Former Bank of Yokohama exec to head Ashikaga Bank

Former Bank of Yokohama exec to head Ashikaga Bank

TOKYO, Japan - Norito Ikeda, former chief personnel officer of the Bank of Yokohama, speaks at a news conference in Utsunomiya, Tochigi Prefecture, on Dec. 16. The government decided to appoint him as president of the recently nationalized bank.

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Ashikaga Bank, Misuzu Audit to settle damages suit

Ashikaga Bank, Misuzu Audit to settle damages suit

UTSUNOMIYA, Japan - Ashikaga Bank President Norito Ikeda speaks at a news conference in Utsunomiya, Tochigi Prefecture on July 2, announcing that the bank has reached a basic agreement with Misuzu Audit Corp. to settle their court battle in which the regional lender had sought 1.1 billion yen in damages from the audit firm in connection with the bank's 2003 nationalization. (Kyodo)

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The Honden (inner sanctuary) and the Okumon Gate (ithe nmost gate),Suwa Shrine

The Honden (inner sanctuary) and the Okumon Gate (ithe nmost gate),Suwa Shrine

This photograph was taken around 1887. The offertory hall, the Norito Hall, and main hall are viewed from the side. Suwa Shinto Shrine, famous for the autumn Kunchi Festival, is the main shrine in Nagasaki.==Date:unknown, Place:Nagasaki, Photo:Ueno Hikoma, (Credit:Nagasaki University Library/Kyodo News Images) [Cabinet Number102‐29‐0]

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Main Hall and Worship Hall at Suwa Shrine

Main Hall and Worship Hall at Suwa Shrine

The buildings starting from the right are, Worship Hall, Norito-den Hall, and the Main Hall at Suwa Shrine. Worship Hall is where commoners would worship. The building is made of hinoki (Japanese cypress) in irimoya-zukuri style (a hip-and- gable roof construction) with a hiwadabuki-style roof (Japanese cypress hinoki bark thatching). The right, left , and front walls flip open upwards like awnings. The tablet was written by Sawa Nobuyoshi who became the Kyushu Pacification Officer in 1868. The floor of the Norito-den Hall connected to the passageway is tatami-covered. The building in the far left is the main hall rebuilt in 1869 after burning down in 1857. The chancel enshrines the spirit of the three deities of the Suwa, Morisaki, and Sumiyoshi shrines.==Date:about 1874, Place:Nagasaki, Photo:Ueno Hikoma?, (Credit:Nagasaki University Library/Kyodo News Images)

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Ashikaga Bank incurs 679 bil. yen negative net worth

Ashikaga Bank incurs 679 bil. yen negative net worth

UTSUNOMIYA, Japan - Nationalized Ashikaga Bank President Norito Ikeda tells reporters in Utsunomiya, Tochigi Prefecture, on June 11 that the bank developed a negative net worth of 679.0 billion yen in fiscal 2003 due to a surge in loan-loss charges stemming mainly from stricter assessment of the performances of its corporate borrowers. (Kyodo)

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Former Bank of Yokohama exec to head Ashikaga Bank

Former Bank of Yokohama exec to head Ashikaga Bank

TOKYO, Japan - Norito Ikeda, former chief personnel officer of the Bank of Yokohama, speaks at a news conference in Utsunomiya, Tochigi Prefecture, on Dec. 16. The government decided to appoint him as president of the recently nationalized bank. (Kyodo)

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