Fukusuke seeks court protection with 42 bil. yen in debts

Fukusuke seeks court protection with 42 bil. yen in debts

OSAKA, Japan - Junji Fukushima (R), president of time-honored sock maker Fukusuke Corp., apologizes at a news conference in Osaka on June 21 as the company filed for court protection from its creditors the same day with debts of 42.6 billion yen. The company blamed a decline in sales of socks and underwear on sluggish consumer spending.

  • Product Code
  • ILEA001097849
  • Registered date
  • 2003/6/21 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2003 Kyodo News
  • Media size
  • 1864 × 1652 pixel
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  • 882.30(KB)*
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