{"id":7881,"date":"2008-05-23T00:00:00","date_gmt":"2008-05-23T00:00:00","guid":{"rendered":"http:\/\/fukuoka-now.comnews\/fukuoka-financial-group-net-profit-less-than-expected\/"},"modified":"2008-05-23T00:00:00","modified_gmt":"2008-05-23T00:00:00","slug":"fukuoka-financial-group-net-profit-less-than-expected","status":"publish","type":"news","link":"https:\/\/www.fukuoka-now.com\/en\/news\/fukuoka-financial-group-net-profit-less-than-expected\/","title":{"rendered":"<!--:en-->Fukuoka Financial Group Net Profit Less than Expected<!--:--><!--:ja-->Fukuoka Financial Group Net Profit Less than Expected<!--:--><!--:ko-->Fukuoka Financial Group Net Profit Less than Expected<!--:--><!--:zh-->Fukuoka Financial Group Net Profit Less than Expected<!--:-->"},"content":{"rendered":"<p><!--:en--><\/p>\n<div id=\"body\">\n<div id=\"img_area\">\n<div id=\"img\"><\/div>\n<\/p><\/div>\n<p>The Fukuoka City-based Fukuoka Financial Group issued the group\u2019s consolidated financial report for the year ended March 2008. The report showed that the group\u2019s net profit for the year was 1.2520 billion yen, or 96% less than originally projected last November. The reasons for the sharp downturn in profits included the recording of about 30 billion yen in portfolio losses on securities and an increase in reserves for bad debts in the consumer finance sector. The group itself was created in April 2007, so a comparison with year-before figures was not possible.<\/p>\n<\/p><\/div>\n<p><!--:--><!--:ja--><\/p>\n<div id=\"body\">\n<div id=\"img_area\">\n<div id=\"img\"><\/div>\n<\/p><\/div>\n<p>The Fukuoka City-based Fukuoka Financial Group issued the group\u2019s consolidated financial report for the year ended March 2008. The report showed that the group\u2019s net profit for the year was 1.2520 billion yen, or 96% less than originally projected last November. The reasons for the sharp downturn in profits included the recording of about 30 billion yen in portfolio losses on securities and an increase in reserves for bad debts in the consumer finance sector. The group itself was created in April 2007, so a comparison with year-before figures was not possible.<\/p>\n<\/p><\/div>\n<p><!--:--><!--:ko--><\/p>\n<div id=\"body\">\n<div id=\"img_area\">\n<div id=\"img\"><\/div>\n<\/p><\/div>\n<p>The Fukuoka City-based Fukuoka Financial Group issued the group\u2019s consolidated financial report for the year ended March 2008. The report showed that the group\u2019s net profit for the year was 1.2520 billion yen, or 96% less than originally projected last November. The reasons for the sharp downturn in profits included the recording of about 30 billion yen in portfolio losses on securities and an increase in reserves for bad debts in the consumer finance sector. The group itself was created in April 2007, so a comparison with year-before figures was not possible.<\/p>\n<\/p><\/div>\n<p><!--:--><!--:zh--><\/p>\n<div id=\"body\">\n<div id=\"img_area\">\n<div id=\"img\"><\/div>\n<\/p><\/div>\n<p>The Fukuoka City-based Fukuoka Financial Group issued the group\u2019s consolidated financial report for the year ended March 2008. The report showed that the group\u2019s net profit for the year was 1.2520 billion yen, or 96% less than originally projected last November. The reasons for the sharp downturn in profits included the recording of about 30 billion yen in portfolio losses on securities and an increase in reserves for bad debts in the consumer finance sector. The group itself was created in April 2007, so a comparison with year-before figures was not possible.<\/p>\n<\/p><\/div>\n<p><!--:--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Fukuoka City-based Fukuoka Financial Group issued the group\u2019s consolidated financial report for the year ended March 2008. The report showed that the group\u2019s net profit for the year was 1.2520 billion yen, or 96% less than originally projected last November. The reasons for the sharp downturn in profits included the recording of about 30 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","template":"","tags":[],"class_list":["post-7881","news","type-news","status-publish","hentry","en-US"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news\/7881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/comments?post=7881"}],"wp:attachment":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media?parent=7881"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/tags?post=7881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}