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Even a Prestigious Company Where Employees Could Buy a Sports Car Within a Few Years of Joining Has Gone bankrupt... The Shock of Two Leading Sock Manufacturers in Nara Going Bankrupt in Succession.
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1 Articles
Local industries are facing a deepening crisis against the backdrop of population decline and globalization. Nara Prefecture's sock industry, once renowned as one of the country's leading production areas, is no exception, and the successive bankruptcies of two long-established companies have sent shockwaves through the industry.
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