Home | Business News | Browse by Publication | J | Japan Weekly Monitor

Mitsui Mutual's solvency margin down on stock appraisal losses.

Publication: Japan Weekly Monitor
Publication Date: 03-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Nov. 28 Kyodo

Mitsui Mutual Life Insurance Co., Japan's seventh-largest life insurer, said Wednesday the key gauge of its ability to pay out policy obligations fell in the six months to Sept. 30 as lower share prices forced it to book 90.4 billion yen in appraisal losses on securities holdings.

Mitsui...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Japan Weekly Monitor
Satellite broadcaster WOWOW falls into red on cost increases., December 03, 2001
Chiyoda sees 214 mil. yen group net profit in 1st half., December 03, 2001
Online 'yakiniku' promo to be launched amid mad cow scare., December 03, 2001
Nippon Broadcasting posts 33.5% gain in pretax profit., December 03, 2001
Takeda to build lab to make drugs based on genome research., December 03, 2001

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.