Sapporo Hokuyo Holdings Inc. is considering asking the Financial Services Agency for an injection of public funds amid deteriorating economic conditions, sources said Sunday.
If the deal is realized, Sapporo Hokuyo would be the first financial institution to receive taxpayers’ money since Howa Bank, based in Oita Prefecture, in December 2006.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see this support page.
We humbly apologize for the inconvenience.
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.
SUBSCRIBE NOW
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.