The holding company of Ashikaga
Bank, a regional bank once nationalized after falling into negative net worth, has applied for listing on the Tokyo Stock Exchange, sources close to the matter said Wednesday.
Global Banking News-May 17, 2012--Nomura plans Ashikaga
Bank IPO(C)2012 ENPublishing - http://www.
Tokyo, Japan) plans to raise its production capacity for its main products--lapping machines--as well as hobbing and duplex milling machines by around 30% at Ashikaga
, Tochigi Pref.
has been appointed director, chemistry and process development, Fusion UV Japan.
TOKYO - Standard & Poor's said Friday it has revised its long-term counterparty credit rating on Ashikaga
Bank to ''BB-plus'' from ''R,'' reflecting increasing clarity of the steps needed in the bank's reprivatization process mainly due to its improving risk management and business efficiency.
Even after receiving an initial infusion of 30 billion yen in public funds in spring 1998 and an additional 105 billion yen in autumn 1999, Ashikaga
Bank had to be temporarily nationalized in late November 2003.
With the end of the year in sight, Ashikaga
brought Japan's banking collapse total to two.
The other two are Ashikaga
Bank in Tochigi Prefecture and Hokuriku Bank in Toyama Prefecture.
The fan at the Miho Museum is believed to be one of a set of 12 fans presented to the Kumanohayatama-Taisha Shrine in Shingu, Wakayama Prefecture, in 1390 by Shogun Ashikaga
Yoshimitsu, to commemorate a repair of the shrine.
Tochigi prefectural police decided Thursday to send investigators to the Philippines to look into the murder of a former Japanese postal worker from Ashikaga
, Tochigi Prefecture, police officials said.
On the other hand, the Ashikaga
are seen as triumphing in Kyushu precisely because their pragmatic diplomacy enables them to (at least temporarily) make allies out of competitors.
The subsidiary's head office will move to Ashikaga
, Tochigi Prefecture, north of Tokyo, the officials said.