Retailer Iwataya to seek 28 bil. yen debt waiver

Retailer Iwataya to seek 28 bil. yen debt waiver

FUKUOKA, Japan - Kenichi Nakamuta, president of Iwataya Department Store Co., speaks at a press conference in Fukuoka on Feb. 26 about the company's three-year restructuring program. Under the program, Iwataya will seek a debt waiver of about 28 billion yen from its main creditor banks.

  • Product Code
  • ILEA001088422
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  • Kyodo / Kyodo News Images
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