Kyocera investigators move in

Takeover gets a little closer

A Japanese team from Kyocera has arrived at the offices of Mita to look at the prospects of a takeover. Mita makes photocopiers but went bankrupt, largely as a result of offshore development of its products, according to sources. Mr Miyazaki, the court appointed receiver, welcomed the arrival of the six strong team from Kyocera. Staff arriving at the site included Koji Seki, director of Kyocera and general manager of the telco division, and Yoshio Nakajima, manager of the company's subsidiary management division. Mita's European president, Takashi Kadamori, said: "It is becoming increasingly clear that Mita Industrial is receiving the help and support it needs." ®

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