(Update) Funai's Chairman Files for Its Court-Led Rehabilitation
Tokyo, Dec. 2 (Jiji Press)--Funai Electric Co. Chairman Yoshiaki Harada filed with Tokyo District Court on Monday for court-led rehabilitation of the company, despite the court's recent decision to initiate bankruptcy procedures for the Japanese audio and video equipment maker.
The start of the liquidation process was "a complete surprise," Harada told a press conference in Tokyo.
(2024/12/02-22:23)
To read a full story, please click here to find out how to subscribe.
BUSINESS
-
12/26 09:58 Hong Kong Fund Ups Stake in Kobayashi Pharma - 12/25 09:32 Toyota to Donate 1 M. Dollars to Trump's Inauguration
- 12/24 17:43 Chocozap Gym to Open at Airport in Kumamoto
- 12/24 16:42 Toyota Eyes Solo Lexus EV Production in Shanghai
- 12/24 10:17 Renault to "Consider All Options" on Honda-Nissan Talks
- 12/23 23:40 JR Kyushu to Withdraw from Passenger Ship Operations
- 12/23 21:44 Japan Post Sues Yamato Transport for 12-B.-Yen Damages
- 12/23 19:36 (Update) Suda, JR Tokai's 1st President, Dies at 93
- 12/23 18:46 Suda, JR Tokai's 1st President, Dies at 93
-
12/23 15:55 INTERVIEW: Nippon Life to Value Digital Use, Social Activities - 12/22 17:03 Honda, Nissan May Announce Start of Merger Talks on Monday
- 12/20 10:00 Japan Snack Makers Try to Keep Long-Selling Products "Fresh"
- 12/20 01:21 Toshiba Picking Up 1 Year after Going Private
- 12/19 23:01 Sony to Become Kadokawa's Top Owner
- 12/19 20:56 KKR Extends Tender Offer for Fuji Soft to Jan. 9
