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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. History. Yamaichi, formed in 1897, was at one time one of the four major Japanese brokerages.
Yamaichi Securities. Olympus scandal. See also. References. Tobashi scheme. A tobashi scheme is a financial fraud through creative accounting where a client's losses are hidden by an investment firm by shifting them between the portfolios of other (genuine or fake) clients.
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Yamaichi Securities Co., Ltd. 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.
Japan. (03) 276 – 3181. Public Company. Incorporated: 1943. Employees: 8,816. Assets: ¥ 3.3 trillion (US$26.1 billion) Stock Index: Tokyo Osaka Nagoya Paris. Yamaichi Securities Company, the smallest of Japan ’ s Big Four securities houses, deals in a variety of foreign and domestic securities.
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 25, 1997 · Yamaichi: The fall of a financial giant Japan's biggest corporate failure since 1945. Yamaichi Securities was the oldest of Japan's four dominant brokerage firms. But undisclosed debts of at...
