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MICHINOKU BANK LTD Announces Concern of Uncollectible or Delayed Receivables

Monday, 30 Sep 2013 10:00pm EDT 

MICHINOKU BANK LTD announced its concern of uncollectible or delayed receivables, worth JPY 2,784 million, from a Japan-based company, which is engaged in retail of sport goods. This is because the Japan-based company has filed for civil rehabilitation procedures with the Tokyo District Court, on September 30, 2013. 

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