Textile industry newspaper "Nippon Textile Newspaper" is closed on occasion, business suspension

It is a specialty paper of the textile industry "Nippon Textile Newspaper"Published by Nippon Textile Newspaper Co., Ltd., was suspended on 1 November. The Japanese textile newspaper publisher, which is the publisher, is supposed to stop the business with this holiday.

Details are as below.
Announcement and apology on November 1 national holiday - Announcement from Nippon Textile Newspaper Company

According to the announcement from the Nippon Textile Newspaper Company, the Nippon Textile newspaper suspended its publication on November 1, and the Japanese textile newspaper company will also be suspended. It seems that it was decided that lawyers should leave behind the processing.

Nippon Textile Newspaper Co., Ltd. | Bankruptcy Report | Latest Articles | Tokyo Shoko Research Inc.

According to Tokyo Shoko Research Inc., as the market situation was stagnant and the textile industry was forced to struggle, the number of issued copies fell below half, and due to poor advertisement postings, it was 264.44 million yen as of the end of March 2010 It seems that he was in debt excess. The total amount of the final debt is 588.64 million yen.

"Japanese textile newspaper" suspended business industry middle-sized, cash flow stalls - Sankei Biz (Sankei Biz)

According to Sankei Biz, the Nippon Textile Newspaper publishes quarterly tabloid free paper and various publications in addition to the Nippon Textile Newspaper, and has annual sales of 520 million yen in the fiscal year ended March 2009 It was. The Japanese textile newspaper is said to have been published 124,000 copies at one time.

Announcement of hiatus and apology were like this.