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Event Brief

Nochu to Recapitalize JV After $1B Loss

JA Mitsui Leasing will take a $968M allowance on the U.S. auto-parts supplier loss.
WHO: JA Mitsui Leasing
WHAT: Recapitalizing joint venture after significant loss
WHEN: Feb 3, 2026 at 1:15 AM ET
WHERE: United States
WHY: To address financial impact from First Brands-linked loss
Sources (1): Japan Times

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