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2 clusters · 2 sources · 15 days · First seen · Last updated

Business bankruptcies in Niigata and Ishikawa prefectures

Overview

In August 2026, several companies in Japan’s Niigata and Ishikawa prefectures faced insolvency or ceased operations due to various economic pressures.

In Niigata Prefecture, the Niigata District Court issued bankruptcy commencement orders for Ishibashi Shoten, a construction machinery leasing business, and Nihon Tsusho, a household metalware manufacturer. Ishibashi Shoten cited intense competition and the impact of the COVID-19 pandemic as factors in its revenue decline. Nihon Tsusho experienced a temporary revenue boost during the pandemic that failed to offset persistent losses and heavy debt.

In Ishikawa Prefecture, Komatsu Linen Supply suspended operations, citing a decline in group tourism, rising fuel and raw material costs, and an aging workforce. Additionally, Seze Co., Ltd., a women’s clothing wholesaler and retailer, suspended operations due to declining sales and deteriorating profitability.

Entities

Tokyo Shoko Research · Niigata District Court · Nihon Tsusho · Ishikawa Prefecture · Ishibashi Shoten

Timeline

  1. 16 days ago

    [BUSINESS] 2 sources
    Ishikawa companies Komatsu Linen Supply and Seze prepare for bankruptcy

    Two Ishikawa-based companies, Komatsu Linen Supply and Seze Co., Ltd., have suspended operations and are preparing for bankruptcy due to declining sales and rising costs.

  2. 30 days ago

    [BUSINESS] 2 sources
    Niigata companies Ishibashi Shoten and Nihon Tsusho file for bankruptcy

    Two Niigata-based companies, Ishibashi Shoten and Nihon Tsusho, have entered bankruptcy proceedings following declining revenues and debt burdens.

Sources

n-seikei.jp · ryoko-net.co.jp