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Sasaki Glass: dissolving US subsidiary

14 January 1999: Japan“s Sasaki Glass Co. Ltd. said that it would dissolve its US sales subsidiary later this month due to sluggish business performance.
The company said in a statement that it expe…

14 January 1999: Japan“s Sasaki Glass Co. Ltd. said that it would dissolve its US sales subsidiary later this month due to sluggish business performance. The company said in a statement that it expects an extraordinary loss of 2.3 billion yen in the year to 31 March, but added that the loss had already been factored into its earnings forecast.

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