Takefuji considering domestic M&A, capital tie-ups

TOKYO Nov 6 (Reuters) - Struggling Japanese consumer finance firm Takefuji Corp 8564.T is considering domestic mergers and acquisitions and capital tie-ups, company President Akira Kiyokawa said on Thursday.

Japanese moneylenders have been hit hard by the lowering of legal maximum interest rates and by court demands to reimburse customers for rates now deemed illegally high.

Two of Takefuji's rivals -- Promise (8574.T) and Acom (8572.T) -- have made alliances with leading Japanese banks to ensure their survival. (Reporting by David Dolan)