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Chiyoda Fire in red, 2 other nonlife insurers see profits+.


TOKYO, Dec. 1 Kyodo

Chiyoda Fire & Marine Insurance Co. fell into the red in the first half of fiscal 2000 on a consolidated basis, while Dai-Tokyo Fire & Marine Insurance Co. and Nisshin Nisshin, Nissin (pronounced the same, written as 日清, 日新, 日真, etc.) in Japanese may refer to: Geography
  • 日進市: Nisshin, Aichi, a city in Aichi Prefecture, Japan, near the city of Nagoya
 Fire & Marine Insurance Co. posted profits, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 their earnings results released Friday Friday: see Sabbath; week.

Friday

young Indian rescued by Crusoe and kept as servant and companion. [Br. Lit.: Robinson Crusoe]

See : Servant
.

Chiyoda Fire posted a group net loss of 3.64 billion yen and a group pretax loss pretax loss

A loss reported before tax benefits are considered.
 of 4.04 billion yen on revenues of 282.89 billion yen in the fiscal first half that ended Sept. 30.

The company released parent-only interim results a week ago, in which it fell into the red for the first time since its establishment in 1945, due mainly to loan-losses stemming from the failure of Chiyoda Mutual Life Insurance Co.

Dai-Tokyo Fire posted a group net profit of 3.96 billion yen and a group pretax pre·tax  
adj.
Existing before tax deductions: pretax income.

pretax adj [profit] → vor (Abzug der) Steuern 
 profit of 8.25 billion yen on revenues of 312.06 billion yen.

Nisshin Fire reported a group net profit of 1.55 billion yen and a group pretax profit of 6.00 billion yen on revenues of 112.20 billion yen.

Chiyoda Fire, Dai-Tokyo Fire and Nisshin Fire had no comparable figures for the same half-year period a year earlier, meaning year-on-year comparisons were unavailable. They previously released earnings only on a full-year basis.
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Publication:Japan Weekly Monitor
Date:Dec 4, 2000
Words:213
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