UPDATE 2-Toyota, others to inject 25.8 bln yen into Misawa

Newswire

(Adds company, IRCJ comments) By Jonathan Soble TOKYO, March 31 (Reuters) - Japan's state-backed corporate turnaround body picked Toyota Motor Corp. and brokerage Nomura Holdings Inc. on Thursday to lead a turnaround of debt-saddled home builder Misawa Homes Holdings Inc. . The decision came on the last day of the Industrial Revitalization Corp. of Japan's (IRCJ) two-year mandate to take on new cases, marking the end of a sometimes-criticised safety net for troubled firms. Under the ...

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