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Debt Is Expected to Exceed 17 Million Yen. Despite Attempts to Rebuild Through M&A, These Efforts Have Been Unsuccessful. A Company that Sells Rice Bran, a Raw Material for Animal Feed and Mushroom Growing Media, Has Ceased Operations and Is Filing for Bankruptcy. (Iida City, Nagano Prefecture)
According to Teikoku Databank, a private credit research company, Daito Shoji, a company based in Iida City, Nagano Prefecture, that sells animal feed and rice bran, ceased operations on September 14th and has begun preparations to file for bankruptcy. Established in 1993, the company sold animal feed and rice bran, which is used as a raw material for mushroom cultivation. However, due to intensifying competition and declining customer demand, s…
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According to Teikoku Databank, a private credit research company, Daito Shoji, a company based in Iida City, Nagano Prefecture, that sells animal feed and rice bran, ceased operations on September 14th and has begun preparations to file for bankruptcy. Established in 1993, the company sold animal feed and rice bran, which is used as a raw material for mushroom cultivation. However, due to intensifying competition and declining customer demand, s…