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    6345   JP3103200006

AICHI CORPORATION

(6345)
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Delayed Japan Exchange  -  01:00:00 2023-02-03 am EST
771.00 JPY   -0.52%
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01/31Aichi Corporation Provides Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023
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China calls for ambitious, pragmatic biodiversity deal

11/28/2022 | 01:43am EST
Chinese flag flutters outside the foreign ministry in Beijing

SHANGHAI (Reuters) - China will lead talks to secure an "ambitious and pragmatic" new global pact to preserve biodiversity at a U.N. meeting that begins next week, but implementing the deal remains the biggest challenge, Chinese officials said on Monday.

Representatives of nearly 200 countries will gather in Montreal on Dec. 5 to secure a "post-2020 framework" to protect habitats and ecosystems and ensure the sustainable and equitable use of biological resources.

Zhou Guomei, head of the international department of the environment ministry, told reporters that negotiations so far had not been "plain sailing" but focused on an ambitious deal that was "also pragmatic, balanced, feasible and achievable".

Originally set to be held in China's southwestern city of Kunming, the meeting, known as COP15, was relocated this year because of tough zero-COVID curbs. China will continue to serve as president.

In last year's first phase of talks, more than 100 nations signed the "Kunming Declaration" for urgent action to include biodiversity protection in all sectors of the global economy. But they were unable to reach consensus on issues such as funding conservation in poorer countries.

Zhou said there were still differences on a number of issues, and success would depend on an implementation mechanism for resources and financial support to be mobilised.

A previous biodiversity pact signed in Aichi, Japan, in 2010, set 20 targets to try to slow biodiversity loss by 2020. None of those targets was met in full.

Countries need to "fully consider" the attainability of any new targets, said Cui Shuhong, head of the ministry's natural ecology department.

"We should learn fully from the experience and lessons during the implementation of the Aichi targets, not only to boost the ambition and confidence in global biodiversity conservation, but also to be down-to-earth and realistic," he added.

(Reporting by David Stanway; Editing by Clarence Fernandez)


ę Reuters 2022
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Financials
Sales 2023 60 750 M 473 M 473 M
Net income 2023 5 750 M 44,8 M 44,8 M
Net Debt 2023 - - -
P/E ratio 2023 10,2x
Yield 2023 4,39%
Capitalization 58 289 M 454 M 454 M
Capi. / Sales 2023 0,96x
Capi. / Sales 2024 0,93x
Nbr of Employees 1 065
Free-Float 32,1%
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Number of Analysts 1
Last Close Price 775,00 JPY
Average target price 840,00 JPY
Spread / Average Target 8,39%
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Managers and Directors
Osamu Miura President & Representative Director
Takushi Ito Independent Outside Director
Shigehiro Takatsuki Independent Outside Director
Kiyoshi Tojo Independent Outside Director
Akihiko Ohira Manager-Research & Development