Norinchukin Bank Suffers Net Loss of 1.4 T. Yen in April-Dec.
Tokyo, Feb. 7 (Jiji Press)--Japan's Norinchukin Bank said Friday that it suffered a consolidated net loss of 1,414.5 billion yen in April-December 2024, widening from the April-September loss of 893.9 billion yen, as it continued to sell U.S. and European government bonds with latent losses. The loss for the first nine months of fiscal 2024 compares with a profit of 97 billion yen a year ea...
Tomas Kauer - News Moderator 
Tokyo, Feb. 7 (Jiji Press)--Japan's Norinchukin Bank said Friday that it suffered a consolidated net loss of 1,414.5 billion yen in April-December 2024, widening from the April-September loss of 893.9 billion yen, as it continued to sell U.S. and European government bonds with latent losses. The loss for the first nine months of fiscal 2024 compares with a profit of 97 billion yen a year ea...
