The economy, trade and industry vice minister on Thursday called on troubled Daiei Inc. to compile an effective new restructuring plan as it concurrently seeks a bailout to avert a financial crisis in March.
"We will take macroeconomic measures steadily, but at the same time there is a need to pay close attention to individual cases," Katsusada Hirose said. "From that viewpoint, I have great interest in Daiei's new three-year plan and expect it to be effective."
The top industry ministry bureaucrat urged the updating of Daiei's revival plan, initially announced in 2000, to be quickly carried out in a way to regain market confidence.