Supermarket chain operator Nagasakiya Co., which is currently protected from creditors under the corporate rehabilitation law, said Monday it has been granted six more months to compile a business rehabilitation plan, due partly to the large number of its creditors.
The Tokyo District Court originally set May 19 as the deadline, but has agreed with Nagasakiya's rehabilitation administrator to postpone it to Nov. 19, it said.
Nagasakiya's five affiliates that are also under court protection have received similar rescheduling for submitting rehabilitation plans, it added.