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Showa Holdings announced the company's return to the black.
2010.05.14
| Showa Holdings
On 14 May 2010, Showa Holdings, one of Asia Partnership Fund Group (APF) and a listed company on the second section of the Tokyo Stock Exchange, announced the company's return to the black for the first time in five fiscal years. The company recorded net profit of 155 million yen in releasing the company's financial results for the fiscal year ended March 2010.
In 2008 they strengthened their management with the help of APF group, and had also been trying to improve their business performance mainly led by Tatsuya Konoshita, a new CEO of the company. They returned to the black in second fiscal year after APF's help and erase its chronic deficits over the past nearly 30 years.
For details, refer to the company's released information on the website. (Japanese)
http://www.showa-holdings.co.jp/company/ir.html
In 2008 they strengthened their management with the help of APF group, and had also been trying to improve their business performance mainly led by Tatsuya Konoshita, a new CEO of the company. They returned to the black in second fiscal year after APF's help and erase its chronic deficits over the past nearly 30 years.
For details, refer to the company's released information on the website. (Japanese)
http://www.showa-holdings.co.jp/company/ir.html
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