The government-backed bailout agency Industrial Revitalization Corp. of Japan will finish its work and close its doors as early as next month, a year earlier than planned. Since it was established in April 2003, the bailout body has helped debt-ridden companies, including major supermarket chain Daiei Inc. and cosmetics maker Kanebo Ltd.
Following are some basic facts about the body:
What is the IRCJ and why was it set up?