Tao Holdings assists Osaka earthquake victims
Tao Holdings donates $50,000 to aid victims of the recent earthquake that impacted the region of Osaka.
Tokyo – June 21, 2018 – Japan Times
Tao Holdings has announced today a donation of $50,000 in aid to victims of the earthquake that hit Osaka on June 18th. Also, for the following days, the company will match eligible employee and financial donations to the Osaka relief effort.
The earthquake occurred at 7:58 a.m. Japan Standard Time on 18 June, with its epicenter in the Takatsuki area of northeastern Osaka, at a depth of 13.2 kilometers. The earthquake triggered the national earthquake warning system, which set alarms approximately 3.2 seconds for the Osaka and Kyoto areas after the detection of seismic waves. No tsunami waves were generated as a result of the earthquake.
Shortly after the earthquake, Prime Minister Shinzo Abe announced a pledge by the government to assist in rescue and recovery efforts. The Japanese Self Defense Force dispatched several teams to deliver water to residents, at the request of the prefectural government. Fears of landslides triggered by rains and further aftershocks led to hundreds of residents moving into public shelters.
“Our thoughts and prayers are with those affected by the earthquake during this difficult time,” said Ichiro Sonobe, Chairman and CEO of Tao Holdings. “We care deeply about local communities and are not strangers to earthquakes ourselves. We hope that Tao Holdings` support will aid in bringing some much-needed relief to those impacted by this calamity.”
Established in 2009, Tao Holdings is a premier asset management company that offers investment advice and associated services to institutional, high-net worth and individual investors alike. Tao Holdings helps its wide range of investors with tailored solutions, investment products, award-winning market research teams as well as comprehensive risk screening.
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