Marubeni to promote Asada to president

Marubeni to promote Asada to president

TOKYO, Japan - Teruo Asada (L), executive vice president of major trading house Marubeni Corp., speaks at a news conference in Tokyo on Feb. 20 with President Nobuo Katsumata sitting by him. Asada will succeed Katsumata on April 1 while Katsumata will become chairman to replace Toru Tsuji.

Marubeni names new president

Marubeni names new president

TOKYO, Japan - Marubeni Corp. newly appointed President Nobuo Katsumata (L) shakes hands with incumbent President Toru Tsuji at a news conference in Tokyo on Dec. 18. Tsuji will assume chairmanship.

Marubeni likely to fall into red in fiscal 1st half

Marubeni likely to fall into red in fiscal 1st half

TOKYO, Japan - Toru Tsuji (R), president of the major Japanese trading house Marubeni Corp., meets the press in Tokyo on Nov. 8. He said Marubeni's group earnings in the fiscal first half to Sept. 30 will likely fall into the red, leading it to forgo dividend payments in fiscal 2001 for the third year in a row mainly due to restructuring costs and appraisal losses on its stockholdings.

Marubeni likely to fall into red in fiscal 1st half

Marubeni likely to fall into red in fiscal 1st half

TOKYO, Japan - Toru Tsuji (R), president of the major Japanese trading house Marubeni Corp., meets the press in Tokyo on Nov. 8. He said Marubeni's group earnings in the fiscal first half to Sept. 30 will likely fall into the red, leading it to forgo dividend payments in fiscal 2001 for the third year in a row mainly due to restructuring costs and appraisal losses on its stockholdings.

Marubeni to promote Asada to president

Marubeni to promote Asada to president

TOKYO, Japan - Teruo Asada (L), executive vice president of major trading house Marubeni Corp., speaks at a news conference in Tokyo on Feb. 20 with President Nobuo Katsumata sitting by him. Asada will succeed Katsumata on April 1 while Katsumata will become chairman to replace Toru Tsuji. (Kyodo)

Marubeni names new president

Marubeni names new president

TOKYO, Japan - Marubeni Corp. newly appointed President Nobuo Katsumata (L) shakes hands with incumbent President Toru Tsuji at a news conference in Tokyo on Dec. 18. Tsuji will assume chairmanship. (Kyodo)