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Yahoo Japan Joins Tokyo Main Board
Posted 22 October 2003 - 03:09 PM
From the Financial Times Asian edition...
Posted 22 October 2003 - 03:10 PM
Posted 22 October 2003 - 03:26 PM
Softbank, which owns 41.94 per cent of Yahoo Japan, has risen fivefold this year to Y6,400 yesterday and by nearly eight times since hitting a low in November.
Analysts question whether its market capitalisation of Y3,279bn at yesterday's share price is justified. Yahoo Japan's market capitalisation brings it close to 1 per cent of the total market capitalisation of first-section companies, making it larger than Tokyo Electric Power or Seven-Eleven Japan.
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