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  September 5, 2001
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Home > Company Index > Telecommunications > Internet & Online Service Providers > Crayfish Co., Ltd.

Crayfish Co., Ltd.
Nasdaq: CRFH
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 NEWS FROM THE WIRES
HK stocks up by midday, tech rebound moderates
Jul 12 2001 10:27 PM PDT

INTERVIEW-Corporate raider does it Japanese style
Jul 12 2001 10:25 PM PDT

More WIRE STORIES about this company

 PROFILE
Crayfish is trying to get out of hot water. The Japanese Internet services company is facing stockholder litigation resulting from its 2000 IPO. Several related lawsuits allege the company did not disclose the ailing business condition of its marketing partner and largest stockholder, Hikari Tsushin, which owns 41% of Crayfish. The company has dissolved its marketing agreement with Hikari in the first move of a restructuring effort. Crayfish provides an e-mail service (called DESKWING, formerly Hitmail) that is accessed over the Internet by about 60,000 small and midsized businesses and accounts for almost 99% of sales. Other investors include a unit of the Japanese "sogo shosha" ITOCHU and Microsoft.

 COMPETITION
Internet Initiative Japan Inc. (IIJI)
KDDI Corporation (dossier)
Nippon Telegraph and Telephone Corporation (NTT)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 63.20
1-Yr. Sales Growth: 464.3%
Employees: 167
Revenue per employee: $378,443.11

 KEY PEOPLE

• Shenqiu Liu
    CFO

 CONTACT INFO
1 Shinjuku Park Tower, 35th Fl., 7-1
Tokyo 163-1035, Japan
Phone: 81-3-5324-6555
Fax: 81-2-5324-6590
Online: Web Site

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