●英字新聞社ジャパンタイムズによる英語学習サイト。英語のニュース、英語教材、TOEIC、リスニング、英語の発音、ことわざ、などのコンテンツを無料で提供。 | |
|
|
World NewsMajor banking groups remain in the redJapan's seven major banking groups stayed mired in the red, spending more than ¥5 trillion to dispose of bad loans and shouldering over ¥3 trillion in stock-related losses for the 12 months ended March, business results confirmed May 26. It was the second year in a row that all the major banks posted net losses. The results draw a picture of banks scrambling to reduce their deferred-tax assets to keep from following in the footsteps of Resona Holdings, Inc., Japan's fifth-largest banking group, which is in the process of being ostensibly nationalized. Deferred-tax assets, which are partially dependent on future profits, still make up a substantial portion of the capital of the major banks; cutting the assets means more extraordinary losses. Resona Holdings saw its capital crumble when its auditor refused to admit two-fifths of Resona Bank's deferred-tax assets. With that stroke of the pen, the ratio of Resona Bank's capital to its risk assets fell below the 4 percent required for banks operating only domestically.
Shukan ST: June 6, 2003 (C) All rights reserved |