JTB to Turn into "Small" Biz thru Capital Cut
Tokyo, Feb. 23 (Jiji Press)--Struggling Japanese travel giant JTB Corp. will cut its capital to put itself into the category of small and midsize businesses eligible for preferential tax treatment, it was learned Tuesday.
JTB will reduce its capital to 100 million yen from 2.3 billion yen, effective March 31.
(2021/02/23-18:39)
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