Travel agency JTB Corp. said Tuesday that it sold its Tokyo headquarters as well as another building in Osaka as it progresses through a restructuring effort aimed at shoring up its finances after the COVID-19 pandemic killed demand for its services.
JTB sold the buildings for several tens of billions of yen to bolster its cash reserves, a company source said. A JTB spokesperson declined to comment on specifics regarding the sale value or name of the buyer.
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 out this support page.
We humbly apologize for the inconvenience.