The Industrial Revitalization Corp. of Japan announced Friday that it will bail out Matsuya Denki Co., an Osaka home appliances retailer, and Meisei and Co., a chemical trading company also based in Osaka, under its corporate resuscitation scheme.
The announcement means the state-backed revival body now has six rehabilitation cases.
The announcement comes a month after the IRCJ announced its first batch of rescue targets, including a Kyushu bus operator and a Fukushima department store.