JTB CORP. TO BOOST ITS CAPITAL THROUGH DEVELOPMENT BOJ FUNDING

Highlights –

• JTB Corp. to boost its capital through Development BOJ funding.
• JTB’s capital adequacy ratio stood at 11.4 percent.
• JTB is expected to record a net loss of 100 billion yen in FY 2020.
• Preferred shares are often used as a tool to boost a company's capital.

Sources suggest that Japanese travel agency JTB Corp. is considering boostin....