Retailer Aeon to become sponsor for failed Mycal

Retailer Aeon to become sponsor for failed Mycal

TOKYO, Japan - Motoya Okada (L), president of Aeon Co., announces at a press conference in Tokyo on Nov. 22 that his company will sponsor failed supermarket chain Mycal Corp. to help rehabilitate it. Mycal President Kazuo Urano (R) was also present at the conference.

Mycal chief quits, Urano becomes new president

Mycal chief quits, Urano becomes new president

TOKYO, Japan - Kazuo Urano (R), the new president of Mycal Corp., the bankrupt supermarket chain, accompanied by his predecessor Kozo Yamashita, speaks at a press conference in Tokyo on Sept. 28. Yamashita, who resigned the same day, took over the company's presidency from Osamu Shikata on Sept. 14 when Mycal filed for court protection from creditors with 1,742.8 billion yen in debts.

Retailer Aeon to become sponsor for failed Mycal

Retailer Aeon to become sponsor for failed Mycal

TOKYO, Japan - Motoya Okada (L), president of Aeon Co., announces at a press conference in Tokyo on Nov. 22 that his company will sponsor failed supermarket chain Mycal Corp. to help rehabilitate it. Mycal President Kazuo Urano (R) was also present at the conference.

Mycal chief quits, Urano becomes new president

Mycal chief quits, Urano becomes new president

TOKYO, Japan - Kazuo Urano (R), the new president of Mycal Corp., the bankrupt supermarket chain, accompanied by his predecessor Kozo Yamashita, speaks at a press conference in Tokyo on Sept. 28. Yamashita, who resigned the same day, took over the company's presidency from Osamu Shikata on Sept. 14 when Mycal filed for court protection from creditors with 1,742.8 billion yen in debts.