• Kyodo

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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.

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