Nochu to recapitalize JV hit by $1 billion First Brands-linked loss

Feb 3, 2026 - 15:06
Nochu to recapitalize JV hit by $1 billion First Brands-linked loss
JA Mitsui Leasing will book a $968 million allowance on the collapsed U.S. auto-parts supplier, more than three times what it had set aside in November.