Source: BSAA Remote Desktop
Project Umbrella Translation
COPY ~ UMBRELLA SITE
local:Users/001/dt/umbrella/jp/index.html
Announcement of Company Dissolution (March 14, 2004)
information
Please allow me to inform you that, pursuant to the bankruptcy of our 100% parent company Umbrella, we reached a decision to dissolve our company at the Board of Directors meeting held on March 10th 2004.
Sales fell into a slump as a result of the 1998 accident in Raccoon City, USA. Although all our employees worked together to propel the business toward profitability, Umbrella lost a series of lawsuits which led to its bankruptcy, and we determined it infeasible to continue our business operations based upon the sequence of events that resulted in the insolvency.
Since losing the lawsuits last year, our company had been exploring means for continuing our operations and searching for another party to transfer our enterprise, but these efforts ultimately failed to materialize, culminating in the outcome described above.
In addition, I, Akitaka Igarashi (Former Umbrella Japan Co., Ltd Managing Director) will assume the position of liquidator.
Finally, I would like to take this opportunity to extend my thanks to all those who have stood behind us for your patronage.
Umbrella Japan Co., Ltd
Managing Director Akitaka Igarashi
local:Users/001/dt/umbrella/jp/index.html
Announcement of Company Dissolution (March 14, 2004)
information
Please allow me to inform you that, pursuant to the bankruptcy of our 100% parent company Umbrella, we reached a decision to dissolve our company at the Board of Directors meeting held on March 10th 2004.
Sales fell into a slump as a result of the 1998 accident in Raccoon City, USA. Although all our employees worked together to propel the business toward profitability, Umbrella lost a series of lawsuits which led to its bankruptcy, and we determined it infeasible to continue our business operations based upon the sequence of events that resulted in the insolvency.
Since losing the lawsuits last year, our company had been exploring means for continuing our operations and searching for another party to transfer our enterprise, but these efforts ultimately failed to materialize, culminating in the outcome described above.
In addition, I, Akitaka Igarashi (Former Umbrella Japan Co., Ltd Managing Director) will assume the position of liquidator.
Finally, I would like to take this opportunity to extend my thanks to all those who have stood behind us for your patronage.
Umbrella Japan Co., Ltd
Managing Director Akitaka Igarashi
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