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Article #258Re: Economic crisis in Japan.[Any Language welcomed]
From: Ichiro Ogata
Date: Thu, 20 Aug 1992 07:53
Date: Thu, 20 Aug 1992 07:53
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In article <CLAUDE.92Aug20145954@tokyo.trc.mew.mei.co.jp> claude@trc.mew.mei.co.jp (Claude Huss) writes: > The japanese corporations are in >average stronger and more solid than western companies, why nobody >in this world is interested in buy japanese shares? Everybody have no confidence about the price of the stock of japanese companies because of the rapid fall of stock prices. Why we can't decide our offer? It is because that japanese companies are not "disclosed" its finances. Japanese do not have a proper law for disclosing. In addition, everybody thinks that "OOKURA shou" (ministry of finance) who is in charge of this problem, do not have a intent to improve this situation. In general, there's no room for doubt that japanese companies are in good condition. However, in this situation, "insider information" have too much power in stock market. Therefore somebody also think japanese stock market is not fair enough to invest their money. --- ogata@etl.go.jp
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Newsgroups: fj.misc Path: arc1-ca.pugleaf.net!sparky!uunet!ccut!wnoc-tyo-news!etl.go.jp!ogata From: ogata@etl.go.jp (Ichiro Ogata) Subject: Re: Economic crisis in Japan.[Any Language welcomed] Message-ID: <1992Aug20.075330.7502@etl.go.jp> Sender: news@etl.go.jp (News System) Nntp-Posting-Host: etlpom Organization: Electrotechnical Lab. References: <CLAUDE.92Aug20145954@tokyo.trc.mew.mei.co.jp> Distribution: fj Date: Thu, 20 Aug 1992 07:53:30 GMT Lines: 26