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Japanese listed firms tap $90 billion from banks to weather pandemic

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06/09/2020 | 12:17am EDT

The number of listed Japanese firms that tapped banks for funds to cope with the coronavirus pandemic reached 171 as of Monday, with the total amount procured hitting 9.68 trillion yen (70.49 billion pounds), private think tank Tokyo Shoko Research said.

Of the total, Toyota Motor Corp tapped the biggest amount at 1.25 trillion yen, Tokyo Shoko Research said in a report released on Tuesday.

(Reporting by Leika Kihara; Editing by Chang-Ran Kim)

Stocks mentioned in the article
ChangeLast1st jan.
LINE CORPORATION 0.00% 5410 End-of-day quote.1.12%
SHOKO CO., LTD. -2.52% 580 End-of-day quote.-20.77%
TOYOTA INDUSTRIES CORPORATION -0.32% 6160 End-of-day quote.-2.69%
TOYOTA MOTOR CORPORATION -1.43% 7181 End-of-day quote.-6.91%
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