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Wing of MRJ commercial jet transported for assembly

NAGOYA, Japan - The main wing of a Mitsubishi Regional Jet aircraft is transported by trailer through Nagoya in the early hours of April 8, 2014, on its way from a plant in the village of Tobishima to a plant in the town of Toyoyama, both in Aichi Prefecture, for the final stages of assembly. In the background is Nagoya Castle. MRJ is a family of 70-90 seat next-generation aircraft developed by Mitsubishi Aircraft Corp.

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Mitsubishi Regional Jet

NAGOYA, Japan - Part of the Mitsubishi Regional Jet, Japan's first small commercial airliner under development, is shown to reporters in Tobishima, Aichi Prefecture, on Sept. 7, 2013. The aircraft's developer Mitsubishi Aircraft Corp. said the previous month that the first delivery will be delayed by over a year to around the April-June period in 2017.

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Kumagai Gumi, Tobishima to scrap merger plan

TOKYO, Japan - Kumagai Gumi Co. President Kazutoshi Torikai (L) and Tobishima Corp. President Yoshiharu Tomimatsu tell reporters in Tokyo on Nov. 15 that the two struggling second-tier construction companies will scrap their merger plan set for April 1, 2005.

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Kumagai Gumi eyes 300 bil. yen bailout

TOKYO, Japan - Kazutoshi Torikai, president of ailing construction firm Kumagai Gumi Co., speaks at a news conference in Tokyo on April 4. He said the company will ask its main creditor banks for 300 billion yen in a financial bailout under a fresh three-year restructuring plan, while seeking a merger with industry peer Tobishima Corp.

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Builder Tobishima devises new rehabilitation plan

TOKYO, Japan - Yoshiharu Tomimatsu, president of construction company Tobishima Corp., on March 5 announces a new rehabilitation plan featuring financial help from its main creditor, Fuji Bank, to cut its group interest-bearing debt by 50 billion yen over the next three years.

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Kumagai Gumi, Tobishima to scrap merger plan

TOKYO, Japan - Kumagai Gumi Co. President Kazutoshi Torikai (L) and Tobishima Corp. President Yoshiharu Tomimatsu tell reporters in Tokyo on Nov. 15 that the two struggling second-tier construction companies will scrap their merger plan set for April 1, 2005. (Kyodo)

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Kumagai Gumi eyes 300 bil. yen bailout

TOKYO, Japan - Kazutoshi Torikai, president of ailing construction firm Kumagai Gumi Co., speaks at a news conference in Tokyo on April 4. He said the company will ask its main creditor banks for 300 billion yen in a financial bailout under a fresh three-year restructuring plan, while seeking a merger with industry peer Tobishima Corp. (Kyodo)

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Builder Tobishima devises new rehabilitation plan

TOKYO, Japan - Yoshiharu Tomimatsu, president of construction company Tobishima Corp., on March 5 announces a new rehabilitation plan featuring financial help from its main creditor, Fuji Bank, to cut its group interest-bearing debt by 50 billion yen over the next three years.