Nochu Expects Bigger First Brands-Related Loss, Keeps Target
Norinchukin Bank said it expects to book additional losses from a joint venture over First Brands Group-related transactions, but it’s keeping its original target of ¥30-70 billion yen ($192-447 million)...
By Taiga Uranaka · Bloomberg Markets
Norinchukin Bank said it expects to book additional losses from a joint venture over First Brands Group-related transactions, but it’s keeping its original target of ¥30-70 billion yen ($192-447 million) in annual net income.