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The Industrial Revitalization Corporation of Japan to take Measures for the Reconstruction of Daiei

11, 01. 2004

The Industrial Revitalization Corporation of Japan (IRCJ) was established for the purpose of providing industrial revitalization assistance through private-sector functions. Struggling supermarket chain Daiei, Inc. sought IRCJ's assistance on October 14. A public call for sponsors will begin early next year. Possible candidates for sponsorship is said to include, in addition to Japanese companies, Wal-Mart Stores, Inc. of the U.S.

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