PROFILE |
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Is more than 460 subsidiaries and affiliates too many? It is to TOMEN if they are not making money. TOMEN, a leading "sogo shosha" (general trading company) hit hard by Japan's financial malaise, is undergoing a major restructuring. The enterprise, which has operations in 50 countries, is shedding some 130 companies to focus on business activities in five sectors -- utilities, chemicals, foodstuffs, information and communications, and textiles. It is also looking to media, healthcare and environment-related businesses as potential core segments. TOMEN is divesting its trading operations in paper and steel, among others. An affiliate of Toyota Motor owns 11.5% of TOMEN.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: March
2000 Sales (mil.): 27,172.60
1-Yr. Sales Growth: (18.1)%
Employees: 2,774
Revenue per employee: $9,795,457.82
KEY PEOPLE |
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Morihiko Tashiro
CEO
Noriaki Akatsuka
CFO
CONTACT INFO |
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Tomen Marunouchi Bldg.,
Tokyo 100-8623, Japan
Phone: 81-3-5288-2111
Fax: 81-3-5288-9100
Online: Web Site
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