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Tobishima''s net balance sinks into red on guaranteed debts.

Publication: Japan Weekly Monitor
Publication Date: 27-MAY-02
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, May 23 Kyodo

Major construction firm Tobishima Corp. said Thursday its group net balance sank into the red in fiscal 2001, as it repaid 11.39 billion yen in its affiliates' debts.

Group net loss in the fiscal year to March 31 came to 11.53 billion yen, a reversal...

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