(1)Creditors finalize bailout package for ailing retailer Daiei

(1)Creditors finalize bailout package for ailing retailer Daiei

FUKUOKA, Japan - Daiei Inc. President Kunio Takagi speaks to reporters in Fukuoka on Feb. 10 after key creditor banks finalized a bailout package for the debt-ridden retail chain operator. Under the deal, Daiei is set to sell the Fukuoka Dome baseball stadium and the adjacent Sea Hawk Hotel and Resort to U.S. investment fund Colony Capital LLC. (Kyodo)

  • Product Code
  • ILEA000023244
  • Registered date
  • 2004/2/10 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • Media size
  • 1228 × 1686 pixel
  • Resolution
  • 72 dpi
  • Deployment size
  • 257.18(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos
    Daiei, IRCJ ask 10 creditors for 81% loan forgiveness

    Daiei, IRCJ ask 10 creditors for 81% loan forgiveness

    TOKYO, Japan - Daiei Inc. President Toshio Hasumi speaks to reporters after the ailing retailer and the state-backed Industrial Revitalization Corp. of Japan asked 10 of the company's 38 creditor banks to waive 81 percent of their uncollateralized loans. (Kyodo)
      Daiei, IRCJ ask 10 creditors for 81% loan forgiveness

      Daiei, IRCJ ask 10 creditors for 81% loan forgiveness

      TOKYO, Japan - Daiei Inc. President Toshio Hasumi speaks to reporters after the ailing retailer and the state-backed Industrial Revitalization Corp. of Japan asked 10 of the company's 38 creditor banks to waive 81 percent of their uncollateralized loans.
        (1)Softbank plans to buy Daiei game rights from Colony Capital

        (1)Softbank plans to buy Daiei game rights from Colony Capital

        FUKUOKA, Japan - Toshio Masui, the representative for U.S. investment bank Colony Capital LLC's Japanese operations, tells reporters in Fukuoka on Nov. 10 that Internet service provider Softbank Corp. has offered to buy the rights to the Daiei Hawks pro baseball team games from the U.S. firm.
          (2)Softbank plans to buy Daiei game rights from Colony Capital

          (2)Softbank plans to buy Daiei game rights from Colony Capital

          TOKYO, Japan - Internet service provider Softbank Corp. President Masayoshi Son tells reporters at a Tokyo hotel on Nov. 10 that the company is seeking to buy the rights to the Daiei Hawks pro baseball team games from U.S. investment bank Colony Capital LLC.
            (2)IRCJ not to help rebuild Daiei any more

            (2)IRCJ not to help rebuild Daiei any more

            TOKYO, Japan - Atsushi Saito, president of the state-backed Industrial Revitalization Corp. of Japan, leaves a Tokyo hotel after his talks with Kunio Takagi, president of Daiei Inc. IRCJ said it will stop preparatory procedures to help rebuild the ailing retail giant after Takagi formally rejected calls by the IRCJ and major creditor banks for the company to seek the entity's help, IRCJ officials said.
              (2)IRCJ not to help rebuild Daiei any more

              (2)IRCJ not to help rebuild Daiei any more

              TOKYO, Japan - Atsushi Saito, president of the state-backed Industrial Revitalization Corp. of Japan, leaves a Tokyo hotel after his talks with Kunio Takagi, president of Daiei Inc. IRCJ said it will stop preparatory procedures to help rebuild the ailing retail giant after Takagi formally rejected calls by the IRCJ and major creditor banks for the company to seek the entity's help, IRCJ officials said. (Kyodo)
                Daiei board decides not to seek IRCJ support

                Daiei board decides not to seek IRCJ support

                TOKYO, Japan - Kunio Takagi, president of struggling retailer Daiei Inc., leaves by car from the head office of Sumitomo Mitsui Banking Corp., one of its three major creditor banks, in Tokyo on Oct. 11. Earlier in the day Daiei decided at an extraordinary board meeting that it would not seek help from the state-backed Industrial Revitalization Corp. of Japan, brushing aside the banks' repeated demand that Daiei ask for IRCJ's help. (Kyodo)
                  Daiei board decides not to seek IRCJ support

                  Daiei board decides not to seek IRCJ support

                  TOKYO, Japan - Kunio Takagi, president of struggling retailer Daiei Inc., leaves by car from the head office of Sumitomo Mitsui Banking Corp., one of its three major creditor banks, in Tokyo on Oct. 11. Earlier in the day Daiei decided at an extraordinary board meeting that it would not seek help from the state-backed Industrial Revitalization Corp. of Japan, brushing aside the banks' repeated demand that Daiei ask for IRCJ's help.
                    (3)METI chief Nakagawa, Daiei's Takagi meet over retailer's reha

                    (3)METI chief Nakagawa, Daiei's Takagi meet over retailer's reha

                    TOKYO, Japan - Daiei Inc. President Kunio Takagi speaks with reporters following his talks with Economy, Trade and Industry Minister Shoichi Nakagawa over his struggling retail giant's rehabilitation at the Ministry of Economy, Trade and Industry on Oct. 10. (Kyodo)
                      Hawks Town Co. dismisses Kotsuka as president

                      Hawks Town Co. dismisses Kotsuka as president

                      TOKYO, Japan - Hawks Town Co., the operator of the Fukuoka Dome baseball stadium and an adjacent hotel, said Sept. 29 it has dismissed its president Takeshi Kotsuka (file photo). The Fukuoka-based company attributed the dismissal of Kotsuka, who is also president of Tokyo-based publisher Diamond Inc., to a ''serious violation of the law.'' (Kyodo)