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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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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)

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