Mitsui & Co.

News & Analysis

mitsui & co. and yen - All News and Analysis

• Sumitomo Mitsui Financial posts group net loss of 465 bil. yen.

  - 2003-05-27

  TOKYO, May 26 Kyodo Sumitomo Mitsui Financial Group Inc. said Monday it incurred a group net loss of 465.36 billion yen in the year to March 31 due largely to heavy loan-loss charges and stock appraisal losses resulting from the slump in the stock market....

  Tags: bank, Banking, dividend, FINANCE, financial, Investment, Mitsui & Co., stock, Sumitomo Corp., yen

• Mitsui Sumitomo Insurance boosts midyear group profit.

  - 2002-12-09

  TOKYO, Dec. 3 Kyodo Mitsui Sumitomo Insurance Co. said Tuesday it chalked up a consolidated net profit of 29.50 billion yen in the April-September first half of fiscal 2002, up a sharp 235.9% from a year earlier. The profit increase reflects a 2.8%...

  Tags: FINANCE, Insurance, Mitsui & Co., revenue, Sumitomo Corp., yen

• Japanese firms post weak results. (Asia/Pacific).(Brief Article)(Statistical Data Included)

  - 2002-05-29

  Most leading Japanese chemical companies reported losses or declining profits for their fiscal year ended March 31 table. They cite the global recession, falling petrochemical prices, high feedstock costs, and slumping information technology IT markets. "It was a tough year for petrochemicals as well as for...

  Tags: chemicals, earnings, Engineering, Mitsui & Co., Strategy, Sumitomo Corp., yen

• Fujita to merge key division with Mitsui, Sumitomo.

  - 2002-02-18

  TOKYO, Feb. 15 Kyodo (EDS: ADDING MORE INFO) Troubled midsize general contractor Fujita Corp. announced Friday it plans to merge its key construction business division with Mitsui Construction Co. and Sumitomo Construction Co., which earlier agreed to merge operations. ...

  Tags: Construction, FINANCE, financial, Investment, merger, Mitsui & Co., Sumitomo Corp., yen

• Contractor Mitsui, Sumitomo to merge in April 2003.

  - 2002-02-04

  TOKYO, Jan. 30 Kyodo (EDS: UPDATING WITH LATEST DEVELOPMENT) Mitsui Construction Co. and Sumitomo Construction Co. have agreed to integrate their operations in April 2003 under a holding company, the first such integration involving listed general construction contractors in Japan, company sources...

  Tags: FINANCE, Mitsui & Co., Sumitomo Corp., yen

• Takeda May Divest Latex Operations.(Takeda Chemical Industries Ltd.)(International Pages)(Brief Article)

  - 2001-07-04

  Takeda Chemical Osaka is considering selling its [yen]2.8-billion($22 million)/year styrene-butadiene SB latex business to Nippon A&L, a 67-33 joint venture between Sumitomo Chemical and Mitsui Chemicals. Takeda transferred sales and marketing responsibility for its SB latex operation to Nippon A&L on July 1. Takeda operates ...

  Tags: MARKETING, Mitsui & Co., SALES, Sumitomo Corp., yen

• Japan Restructures : Individual and Industry-Wide Efforts.(Statistical Data Included)

  - 2000-02-09

  This is shaping up to be a tough year for Japanese petrochemical producers. Domestic consumption growth is sluggish and almost every company is restructuring in an attempt to remain profitable. "We face many challenges, including a strengthening yen, poor consumer demand, and the cost...

  Tags: FINANCE, Investment, Mitsubishi Corp., Mitsui & Co., Strategy, Sumitomo Corp., yen