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JAPAN'S MIZUHO, SHINKIN SECURITIES RECORD PRETAX PROFITS IN 1ST HALF.

AsiaPulse News

| November 01, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TOKYO, Nov 1 Asia Pulse - Two bank-affiliated securities firms -- Mizuho Securities Co. and Shinkin Securities Co. -- recorded pretax profits for the fiscal half ended Sept. 30.

But Norinchukin Securities Co., another such brokerage, posted a pretax loss for the same period.

Mizuho Securities increased pretax profit 30 per cent from a year earlier by exploiting the customer base of the Mizuho Holdings Inc. ...

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