Yokohama Rubber announced the restructure and capitalization of Yokohama Tire, its U.S. subsidiary.
Yokohama Yokohama (yō'kōhä`mä), city (1990 pop. 3,220,331), capital of Kanagawa prefecture, SE Honshu, Japan, on the western shore of Tokyo Bay. Rubber announced the restructure and capitalization capitalization n. 1) the act of counting anticipated earnings and expenses as capital assets (property, equipment, fixtures) for accounting purposes. 2) the amount of anticipated net earnings which hypothetically can be used for conversion into capital assets. of Yokohama Tire, its U.S. subsidiary. In 1998, Yokohama tire is expanding U.S. production by 10%, all of which will be high performance and light truck tires.
COPYRIGHT 1998 Lippincott & Peto, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
|
Reader Opinion