Aozora may revise Q1 earnings on GMAC stake

TOKYO, Aug 1 (Reuters) - Japan's Aozora Bank (8304.T) may revise its first-quarter earnings to further write down the value of its stake in GMAC LLC, the subprime-hit former financing arm of General Motors Corp (GM.N).

A spokesman for Aozora said the bank could revise its April-June earnings, which it reported on Thursday, as early as next week to reflect further losses at GMAC. (Reporting by David Dolan and Taro Fuse)