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Microchip-testing-equipment maker Advantest Corp. and industrial-robot maker Yaskawa Electric Corp. have confirmed that they placed pension money with AIJ.
WSJ: Japanese Fund Loses $2.3 Billion
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In a statement, Advantest said it has about 1.7 billion yen in outstanding investments deposited with AIJ, equal to about 8% of its total pension-fund investments.
WSJ: Japanese Fund Loses $2.3 Billion
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An Advantest spokeswoman said the company is still looking into the details of the case and can't yet clarify whether or by how much the incident may affect its earnings.
WSJ: Japanese Fund Loses $2.3 Billion