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Correction: 'billion' mistaken for 'million' in NYK fuel costs

2011-01-07 00:00:00

 NYK PRESIDENT Yasumi Kudo told the company in his review and outlook New Year's message recently that the group's fuel costs came to JPY200 billion (US$2.43 billion) a year, even after the group-wide fuel-saving initiative.

 
 
In our report Thursday, we mistakenly rendered the "billion" as "million" in the US currency conversion. We regret the error and any inconvenience it caused.
(Source:www.schednet.com)