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Source: BSAA Remote Desktop

Title

NEWS Regarding the Bankruptcy of UMBRELLA

Project Umbrella Translation

NEWS REGARDING THE BANKRUPTCY OF UMBRELLA

Pharmaceutical Company Umbrella's Domestic Corporation Dissolves

In response to the bankruptcy of the global pharmaceutical company "Umbrella", the Japanese subsidiary "Umbrella Japan Co., Ltd" (headquarters: Tokyo) has announced the company's dissolution and begun liquidation proceedings.
The local company was established in 1984 as Umbrella's Japanese subsidiary. At the time of its establishment, it merely imported and distributed drugs developed in the USA, but in 1987, the "Umbrella Japan Laboratory" was constructed. Using our nation's forte in biotechnology, it advanced unique research and product development.

However, its stock prices nosedived beginning with the "Raccoon City tragedy" caused by Umbrella.
In recent years, sales have also faltered, aided by damaging rumors. Since the multitude of lawsuits concerning the Raccoon City tragedy resulted in Umbrella Headquarters losing every case, the head office went bankrupt.
There was a multitude of lawsuits concerning the Raccoon City tragedy and the Umbrella head office went bankrupt because it lost all of these cases in the end.
The Japanese subsidiary was searching for an alienation target, but since no domestic or foreign pharmaceutical companies or enterprises in other industries showed interest, the company's dissolution was decided.

March 15, 2004 Excerpt from a certain newspaper's morning edition

Official Japanese Transcript

UMBRELLA倒産に関するNEWS

製薬企業アンブレラの国法人、会社解散へ

世界的製薬企業である「アンブレラ」の倒産を受け、日本法人である「アンブレラ・ジャパン(株)」(本社:東京)は、会社の解散を発表、清算手続きに入った。

当社は1984年にアンブレラの日本法人として設立。設立当時は米国で開発された薬品の輸入販売のみを行っていたが、1987年に"アンブレラ日本研究所"を建設。当社の強みであるバイオテクノロジーを活かし、独自の研究、製品の開発を進めていた。

しかし、アンブレラが原因とされる「ラクーンシティの惨劇」を皮切りに株価が暴落。
近年は風評被害も手伝い、売り上げが低述していた。
ラクーンシティの惨劇に関する数ヶの訴訟がアンブレラ本社の全面敗訴に終ったため、本社が倒産。
日本法人である当社は、引き取り先を探していたが、国内外の製薬会社だけではなく、他業種の企業も興味を示さなかったため、会社解散に踏み切った。

2004年3月15日 某新聞朝刊より抜粋