Nikko Cordial Corp., threatened with delisting from the Tokyo Stock Exchange over accounting irregularities, on Thursday again lowered its earnings figures for its 2004 business year.
The nation's third-largest brokerage said it had a pretax profit of 54 billion yen in the 2004 business year to March 2005, not the 58.8 billion yen it had announced Dec. 18, when regulators revealed the firm had cooked its books for that year.
Nikko Cordial also revised its sales for 2004 to 291 billion yen from the 295 billion yen reported in December. Before the scandal broke, Nikko Cordial had said it logged a pretax profit of 77.7 billion yen and sales of 313.9 billion yen.
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