The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Insurance > Life Insurance > The Chiyoda Mutual Life Insurance Co.

The Chiyoda Mutual Life Insurance Co.
 PROFILE
Its nominal link with George Lucas' tiny but wise Star Wars character is coincidental, but Chiyoda Mutual Life Insurance may need "the force" to avoid the fate of several insurance-industry peers that have collapsed since the late 1990s. The midsized insurance firm has felt the double-whammy of Big Bang reforms that pit it against foreign competition and of the financial crisis that has deterred customers and crippled the firm with debt. The troubled insurer has responded by slashing its workforce and consolidating operations at home and overseas. These turnaround attempts have been insufficient and the firm has filed for bankruptcy protection. American International Group is planning to buy the company.

 FINANCIAL OVERVIEW
Fiscal Year-End: March
1998 Sales (mil.): 18,849.80
1-Yr. Sales Growth: 12.3%
Employees: 18,728
Revenue per employee: $1,006,503.63

 KEY PEOPLE
• Yasudaro Kanzaki
    CEO

 CONTACT INFO
2-19-18 Kamimeguro, Meguro-ku
Tokyo 153, Japan
Phone: 81-3-5704-5111
Fax: 81-3-3719-7830
Online: Web Site

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001