MTFG: no plan for Mitsubishi Motors to use IRCJ

Newswire

TOKYO, April 28 (Reuters) - Mitsubishi Tokyo Financial Group (MTFG) said on Wednesday that the team of Mitsubishi group companies leading the restructuring plans for Mitsubishi Motors Corp (MMC) did not plan to ask for help from the state-backed corporate turnaround body. Asked if the group would apply to use the Industrial Revitalisation Corp of Japan (IRCJ) for Mitsubishi Motors, Nobuo Kuroyanagi, who will become MTFG president in June, told reporters: "We are not thinking about that for ...

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