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RIKEI CORP to Dissolve Subsidiary and Expects Extraordinary Loss and Extraordinary Profit for FY 2013

Monday, 25 Mar 2013 02:00am EDT 

RIKEI CORP announced that it will dissolve a wholly owned subsidiary RIKEI CORPORATION OF AMERICA, which has been engaged in export of electronics made in the United States and import of electronic materials from Japan, in July 2013. As a result, the Company will record an extraordinary loss of approximately JPY 28 million caused by dissolution of subsidiary and launch of new office, as well as an extraordinary profit of JPY 28 million caused by sale of investment securities, for the fiscal year ending March 2013. 

Company Quote

-1.0 -0.44%
29 Aug 2014