Hisayuki Machii, president of Toa Sogo Kigyo Co., known for his close ties with the late Yoshio Kodama, an influence-peddling rightwinger, died from heart failure at a Tokyo hospital Sept, 14, sources said Saturday. He was 79.

Funeral services were held at Machii's home in Tokyo's Minato Ward Wednesday with only his relatives attending, the sources said.

Machii, a Korean resident in Japan, established Tokyo Toseikai, an organization designated by police as "boryokudan" or criminal gang, shortly after World War II, and later set up a company operating the Kanpu ferry shuttling between Shimonoseki, Yamaguchi Prefecture and Pusan, South Korea.