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Found 2 results

  1. "Toys R Us, facing imminent deadlines to pay off hundreds of millions in debt, said Monday that it has filed for Chapter 11 bankruptcy protection. The move comes on the cusp of the all-important holiday season, a period in which many retailers earn nearly half of their annual revenue, and a time of year that is particularly lucrative for the giant toy seller. The filing was long in the making. The filing also strikes at the heart of one of the nation's most iconic retailers, a household name for more than a generation. Toys R Us pioneered big-box toy retailing generations ago, a national chain that displaced many smaller, neighborhood toy stores. The company emphasized that its roughly 1,600 locations will remain open and it will continue to work with suppliers to make sure its shelves remain well-stocked with games, gadgets, and other toys. The company made the filing in the U.S. Bankruptcy Court for the Eastern District in Richmond, Va. Its Canadian subsidiary plans to make a similar petition in Ontario Superior Court." https://www.usatoday.com/story/money/2017/09/19/toys-r-us-files-bankruptcy/678069001/
  2. Source http://newsbiz.yahoo.co.jp/detail?a=20140306-00010001-teikokudb-nb Translation CM's corporation Ltd. bankruptcy (TDB company Code: 981 484 996 , 50 million-yen capital ,address: Nishikanda2-3-4,Chiyoda-ku Tokyo,president"Ms.Kazuko Chubachi", 5 employees ) is , to March 3 filed for bankruptcy to theTokyo District Court . Application delegate lawyer"Kounin Mori"(office:Shinkawa 2-15-3, Chuo-ku, Tokyo, phone 03-3553-5916 ) . Their company , founded in 2003 in March. Developed Anime Figures and robot , the alloy is a character model and animation. In a manner thatdepends on the subcontractor in China , manufacturingand DVD game software mainly alloy modelof the original " BRAVE alloy" , synthetic resin model " GuttoKuru Figure Collection ," " Mecha Action Series "andthe " Rally Car Collection" series OEM product also manufacture as an appendi . While sales in the domestic toy retailers , and also exported to Asian countries , it was accounted forapproximately 600 million 59 million yen year net sales in the fiscal year ended February 28, 2007 peak . However , domestic sales tended to decrease around the robot figure , among disadvantaged also hit , alsoFebruary 31, 2011 are no longer able to develop new items at the disposal of dead stock , such as Rally CarCollection Series year sales down to about 100 million62 million yen there . This has been a debt exceeded state recorded an overall deficit of more than 100 million yen . There is also a demand decrease of the Great East Japan Earthquake after then , sales of the year endingFebruary 2013 was only about 100 million 72 million yen. For this reason , they were shelved , such as rescheduling of principal repayment to the financial institutionsfinancing is tight , it became this measure . Debt is expected to be about 400 million yen .
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