OSAKA (Kyodo) A public-private entity operating the Osaka Dome baseball stadium effectively went bankrupt Monday.
Osaka City Dome Co. filed for special arbitration with the Osaka District Court in a bid to rehabilitate itself through a debt waiver or reduced interest payments.
The company is owned by the Osaka Prefectural Government, the Osaka Municipal Government and major Osaka-based private companies such as Matsushita Electric Industrial Co., Osaka Gas Co., Kintetsu Corp. and Kansai Electric Power Co.