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)
To read a full story, please click here to find out how to subscribe.
BUSINESS
- 02/28 20:09 Wave of Department Store Closures Reaches Tokyo Area
- 02/28 12:00 In-Flight Meals Sold on Ground Draw Popularity in Japan
- 02/27 16:55 SoftBank Group Reaches Settlement with WeWork Co-Founder
- 02/27 13:44 Recruit Holdings Sells Headquarters Building in Tokyo
- 02/26 23:16 Sushi Chain Sushiro to Acquire Kyotaru from Yoshinoya
- 02/26 21:37 Tohokushinsha CEO Resigns over Dinner Scandal
- 02/26 16:52 Itochu Teams Up with French Gas Firm on Hydrogen Network
- 02/26 11:37 10,000 Post Office Workers to Be on Loan to Insurance Unit
- 02/26 09:14 Sharp to Sell Equity Stake in LCD Panel Firm
- 02/25 21:32 Japan Restaurant Sales Down 21 Pct in Jan.
- 02/25 20:12 8 Japan Automakers' Domestic Output Down 10 Pct in Jan.
- 02/25 17:54 JAL to Skip Hiring of Flight Attendants for 2nd Year
- 02/25 08:51 Clinical Test for Novavax Vaccine Starts in Japan
- 02/24 22:35 (Update) Osamu Suzuki to Step Down as Suzuki Motor Chairman
- 02/24 22:08 Osamu Suzuki to Step Down as Suzuki Motor Chairman
- 02/24 12:18 Honda to Suspend Plant in Brazil amid Chip Shortage
- 02/23 19:53 Toyota to Extend Quake-Induced Suspension at 4 Plants
- 02/23 18:39 JTB to Turn into "Small" Biz thru Capital Cut
- 02/23 18:15 Toyota Breaks Ground for "Woven City" Real-Life Lab
- 02/22 23:11 JR Tokai Braces for Larger Net Loss for FY 2020
- 02/22 22:50 Daiwa House Releases Flush Toilet, Shower Unit for Cats
- 02/22 22:02 Toshiba, GE in Talks on Offshore Wind Power Partnership
- 02/22 17:49 Japan Convenience Store Sales Down 4.9 Pct in Jan.
- 02/22 17:24 Yamaji to Become TSE President April 1
- 02/22 09:43 Japan Home Appliance Market Grows 2.9 Pct in 2020