JTB Sells HQ Building amid Coronavirus Crisis
Tokyo, Sept. 14 (Jiji Press)--Major Japanese travel agency JTB Corp. has sold its headquarters building in Tokyo's Shinagawa Ward and a building in the western Japan city of Osaka for a total of an estimated tens of billions of yen, it was learned Tuesday.
The firm is aiming to stabilize its financial standing at a time when travel demand has been plummeting due to the spread of the novel coronavirus, informed sources said. JTB plans to continue using the head office building after the sale, the sources said. It moved to the building in 2001.
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