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Due to the Coronavirus, Russia's Invasion of Ukraine, the Worsening Situation in the Middle East, and the Weak Yen, Demand for Construction-Related Products Has Decreased, Leading to Sluggish Sales and Continued Losses. A Metal Product Manufacturer in Shiojiri City, Nagano Prefecture, Has Been Ordered to Begin Bankruptcy Proceedings, with Liabilities of Approximately 97 Million Yen.
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According to Teikoku Databank, a private credit research company, Kobe Seisakusho, a metal product manufacturer based in Shiojiri City, Nagano Prefecture, received a bankruptcy commencement order from the Matsumoto Branch of the Nagano District Court on September 18th. The company, established in May 1980, was a manufacturer of metal products. It primarily manufactured pressed metal parts for construction, but also handled the production of pres…
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