Enterprise Turnaround Initiative Corporation of Japan
Encyclopedia
The Enterprise Turnaround Initiative Corporation of Japan , or ETIC-J, is a Japanese incorporated company, 50 percent (10,000,000,000 yen) owned by the Japanese government and the rest by about 130 private enterprises, which was established in 2009 under the "Enterprise Turnaround Initiative Corporation Law", to support the turnaround of the small and medium sized corporations that have found themselves in difficulties, in spite of some useful managaement capabilities. It continues the role of the Industrial Revitalization Corporation of Japan , or IRC-J, that had existed from 2003 to 2007, under the same law.
Companies that have been supported by ETIC-J
- Small and medium sized companies
- Japan AirlinesJapan Airlinesis an airline headquartered in Shinagawa, Tokyo, Japan. It is the flag carrier of Japan and its main hubs are Tokyo's Narita International Airport and Tokyo International Airport , as well as Nagoya's Chūbu Centrair International Airport and Osaka's Kansai International Airport...
(2009 - ) - WillcomWillcomis a Japanese PHS operator, offering flat-rate wireless network data transmission and flat-rate voice calls for its subscribers.The company was formerly known as DDI Pocket, a subsidiary of KDDI. In 2004, the Carlyle Group acquired a majority stake from KDDI and changed the name of the company in...
(2010 - )
See also
- Chapter 11 (US)
- Insolvency (UK)