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Azel Corporation
8-23-1 Nishi-Kamata
Phone: (3) 373-46211p:3 373-46211 Ota-ku, TKY  144-8567  Japan Ticker: 1872 1872
Filed for Bankruptcy on 3/30/2009
Filed an application for bankruptcy procedures with the the Tokyo District Court
This company is no longer actively traded on any major stock exchange.
Business Summary
AZEL CORPORATION is a Japan-based company mainly engaged in the construction business. The Company operates in four business segments. The Condominium segment is engaged in the planning, development, construction and sale of condominiums mainly in Tokyo metropolitan and Kansai areas. The Other Real Estate segment is involved in the leasing and management of real estate properties of other corporations and the Company’s offices, as well as the sale and management of condominiums. The Construction segment is engaged in the subcontracting of construction and repair works. The Leisure segment is engaged in the operation of game halls and hotels, as well as the management of resort condominiums and resort properties. The Company has six subsidiaries. On March 30, 2009, the Company filed for bankruptcy procedures with the Tokyo District Court.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20083/31/2008Yes----

Industries
SIC Code Description
1531 Operative builders
7993 Coin-operated amusement devices
1522 General contractors-residential buildings, other than single-family
1521 General contractors-single-family houses
5012 Automobiles and other motor vehicles
6531 Real estate agents and managers
6512 Operators of nonresidential buildings
7011 Hotels and motels

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Representative Director TadashiFurue 56 6/20/2008 6/20/2008
Executive Officer, Manager of Osaka Office in Main Real Estate Business Unit, Director in charge of TakeoNojima 3/11/2007 3/11/2007
Executive Officer, Manager of Osaka Office in Real Estate Business Unit TakeoNoshima 4/1/2008
7 additional Officers and Directors records available in full report.

Business Names
Business Name
1872
Azel Corporation

General Information
Number of Employees: 239 (As of 12/31/2008)
Outstanding Shares: 67,585,939 (As of 2/13/2009)
Shareholders: 4,403
Stock Exchange: TYO


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Saturday, July 22, 2023