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- The company announced it would cease operations on November 24, 1997 and was declared bankrupt by the Tokyo District Court on June 2, 1999. The company's last president, Shohei Nozawa made a tearful public apology on Japanese television.
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Yamaichi Securities Co., Ltd. (山一證券株式会社, Yamaichi Shōken Kabushiki-gaisha) was a Japanese securities trading firm. The company announced it would cease operations on November 24, 1997 and was declared bankrupt by the Tokyo District Court on June 2, 1999.
Nov 24, 1997 · November 24, 1997 at 12:00 a.m. EST. TOKYO, NOV. 24 (MONDAY) -- Japan braced for fallout from the country's largest corporate collapse in its history as Yamaichi Securities Co., Japan's oldest...
Nov 24, 1997 · Yamaichi Securities Co., one of Japan's oldest brokerage firms and once its largest, told Japanese authorities early Monday that it will shut down its business, a Finance Ministry official...
Nov 24, 1997 · Mon., Nov. 24, 1997. Reddit. Kozo Mizoguchi Associated Press. Yamaichi Securities, one of Japan’s largest brokerages, closed down today because of financial woes from a payoff scandal and a...
Nov 24, 1997. Yamaichi Securities Co. formally decided Monday to close down voluntarily amid a financial crisis linked to flagging stock prices, fallen credibility from payoff scandals and...
- The Japan Times
Nov 24, 1997 · NEW YORK (CNNfn) - Japan's fourth-largest brokerage, Yamaichi Securities, announced Monday it would shut down, casting a spotlight on the continuing woes of the country's troubled financial...
Nov 25, 1997 · Once Moody's Investors Service downgraded the firm's debt on Friday to below-investment-grade status, Yamaichi lost its ability to attract capital, undermining the possibility of survival as an...
