J.League Announces Revenue Losses During Final Nine Months Of 2012
The J.League reported higher than budgeted revenue for the final nine months of '12 "partically due to donation towards earthquake disaster relief," according to JIJI. J.League budgeted 9.6B JPY, which was 58M JPY more than budgeted. Total expense was 9.8B JPY, which was 235M JPY less than budgeted. J.League saw a loss of 186B JPY during the span, but "since the balance carried over from the previous term" was 160B JPY and was not included in the total revenue, the substantial loss came out to be 26B JPY (JIJI, 3/15).