The failed supermarket chain Mycal Corp. announced Friday that Kazuo Urano, a director, has taken over the presidency from Kozo Yamashita, who only held the post for two weeks.

The change will make it easier for Mycal to find backers for its stores and seek financial support from its main banks, including Dai-Ichi Kangyo Bank, company officials said.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.