(3)IRCJ OKs 366 bil. yen aid package for Kanebo

TOKYO, Japan - Akiyoshi Nakajima, who has been named to take over the presidency of Kanebo Ltd. from Chairman and President Takashi Hoashi, speaks at a news conference in Tokyo on March 10. The Industrial Revitalization Corp. of Japan (IRCJ) approved a 366 billion yen aid package for the ailing cosmetics company.

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