April 9, 2018 / 5:32 AM / 2 months ago

Japan property firm Smart Days files for bankruptcy protection

TOKYO, April 9 (Reuters) - Japanese property firm Smart Days Inc said on Monday it has filed for protection from creditors with 6.6 billion yen ($62 million) in liabilities, after the company had difficulty generating rent from the houses it manages.

Smart Days is known for operating “share houses”, where tenants share bathrooms and other facilities. ($1 = 107.0200 yen)

Reporting by Chris Gallagher and Junko Fujita

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