Wednesday, May 9, 2007

Sanyo Elec to complete past earnings review by Dec

(Reuters) - The Asahi newspaper reported in February that Sanyo had considered writing off losses of about 190 billion yen in the year ended March 2004, mainly from subsidiaries, but it ended up writing off only around 50 billion yen.

The Osaka-based company said any revision would have no impact on its consolidated earnings.


Read more at Reuters.com Market News

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