Sanyo Electric takes bold steps in restructuring

Article Abstract:

Sanyo Electric Company Ltd. of Japan is initiating a global restructuring, cutting its workforce, closing factories and decreasing its debt. The consumer electronics giant posted a net loss of 171.54 billion Yen for last year and forecasts a loss of 92 billion Yen for this fiscal year. Sanyo Electric Company Ltd. shares are trading for $13.44 on the Nasdaq stock exchange as of yesterday.

United States, Financial management, Household audio and video equipment, Organizational history, Consumer electronics industry, Company restructuring/company reorganization, Reorganization and restructuring, Company Profile, Sanyo Electric Company Ltd., Company financing, Company organization

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Foreign bonds boost Nomura

Article Abstract:

A Nomura Securities executive said that a boom in foreign currency bonds sales at the company is not a short-term phenomenon. The company posted 976.8 billion yen (7.62 billion euros) in foreign bonds for the fiscal first quarter ending June 2003.

Security and Commodity Services, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Company sales and earnings, Bonds, Bonds (Securities), Company earnings/profit

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Nomura net rises despite decline in stock markets

Article Abstract:

Nomura Securities Co. posted an increase of 41% in its group net profits for the nine-month period to December 31, 2000. The company posted 154.58 billion yen (1.43 billion euros) in net profits for the period.

Securities Dealers, Investment Banking and Securities Dealing, Security brokers and dealers

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