Daiei owner downplays possible sale of Hawks.
FUKUOKA Fukuoka (fk`ōkä), city (1990 pop. 1,237,062), capital of Fukuoka prefecture, N Kyushu, Japan, on Hakata Bay. , Jan. 11 Kyodo
Daiei Hawks Hawks , Howard Winchester 1896-1977.
American filmmaker whose works include His Girl Friday (1940) and The Big Sleep (1946). owner Tadashi Nakauchi said Friday that a sale of the Pacific League club by debt-ridden supermarket chain operator Daiei Inc. was highly unlikely.
Nakauchi was speaking about reports that, as part of its restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). measures, Daiei Inc. has planned to sell a major stake in the Fukuoka club to local business interests.
Nakauchi, however, said that operation of the team by a group of local companies would be difficult, if not impossible.
''There is a lot of talk in the media but there is really nothing to worry about. The operations are in good standing and we will figure ways to make profits again,'' Nakauchi said in a meeting with Daiei Hawks president Takeshi Kotsuka and manager Sadaharu Oh Sadaharu Oh or officially Wang Chenchih (Chinese: 王貞治; Pinyin: Wáng Zhēnzhì, Hepburn: Ō Sadaharu .
''We would like to regain the number one spot in our industry and make this baseball team the champion again,'' Nakauchi added.
Nakauchi said further that even if shares were sold it would take at least 10 years to pay out dividends and that local companies were already assisting the Hawks by purchasing season tickets.
Kotsuka also denied the sale of the team. ''At this moment, I have heard nothing from Daiei Inc. about the sale of shares,'' he said.
Sources at Daiei Inc. said Thursday that the company, which has 2.3 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time.
(mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed.
In the USA and Canada, 10^12. yen in interest-bearing group debts, plans to sell the majority of its stakes in the Hawks and other affiliates in Fukuoka Prefecture to local enterprises in a new bailout bailout
The financial rescue of a faltering business or other organization. Government guarantees for loans made to Chrysler Corporation constituted a bailout. plan.