Independent journal on economy and transport policy
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the Daiichi Japanese has introduced request in order to approach the procedure of restructure in the within of the bankrupt norm
Delisting of the title of the shipowning society to the Stock exchange of Tokyo
September 29, 2015
The shipowning society Japanese Daiichi Chuo Kisen Kaisha, whose activity is mainly centralized on the marine bulk transport sand banks, has introduced request in order to approach the procedure of previewed business restructure from the bankrupt norm of Japan.
As a result of such announcement the Stock exchange of Tokyo has declared that the titles of the Daiichi, you anticipate on the list of the securities market from the end of 1960, are excluded by the negotiations and has established that tomorrow the cancellation of the title of the shipowning society will happen.
Daiichi has concluded the exercise anniversary 2015, that it is finished 31st March, with a net loss of -3,3 billion yen (27,5 million dollars) on revenues for 152,3 billion yen respect to a net loss of -15,4 billion yen on revenues for 165,2 billion yen in the exercise precedence. The operating result has been of sign negative for -13,2 billion yen respect to operating liabilities of -6,7 billion yen in the exercise anniversary 2014. The annual budget on March 31, 2015 records passivity for 108,3 billion yen (901,6 million dollars) regarding 1.221, 6 billion yen on March 31, 2014.
Main shareholder of the Daiichi is the shipowning group Japanese Mitsui O.S.K. Lines (MOL) that on 29 June it stopped a quota pairs to 16.64% of the capital of the company of Tokyo.
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