As a part of the series of bootstrap restructuring efforts to avoid filing for IRCJ (Industrial Revitalization Corporation of Japan) support, the company sold its baseball team, the Fukuoka Daiei Hawks, which it purchased from Nankai Railway in 1988 to SoftBank, on January 27, 2005 and the company's Hawaii stores in 2006 to Don Quijote Co., Ltd.Daiei Stores Officially Don Quijote Through the process of debt restructuring and support given by financial institutions in coordination with IRCJ, the company has been acquired by IRCJ, Marubeni Corporation (a trading company) and Advantage Partners (a private equity house) in 2005.
