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FANCL CORP to Withdraw from Retail Business in Taiwan and Singapore; to Dissolve Taiwan-based Sub-subsidiary; Expects Extraordinary Loss for Q2 of FY 2014


Monday, 11 Nov 2013 01:00am EST 

FANCL CORP announced that it will withdraw from the retail business in Taiwan and Singapore, and dissolve a sub-subsidiary located in Taiwan, engaged in sales business, effective March 2014. The Company is expecting an extraordinary loss of JPY 891 million due to this development, for the second quarter of fiscal year ending March 2014. 

Company Quote

1708.0
-2.0 -0.12%
19 Dec 2014