Struggling retail giant Daiei Inc. is uncertain if it can achieve its business targets for the first half of this business year, Daiei President Kunio Takagi said Friday.

“I want banks and other parties concerned to evaluate our performance on a yearly basis through February 2003,” Takagi said, adding Daiei is facing “an uphill battle.” Daiei’s fiscal first half ends Aug. 31.

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.