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Yamazen Homes to Begin Bankruptcy Proceedings; Teikoku Db Yokkaichi
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Teikoku Databank's Yokkaichi branch announced on the 22nd that the Nagoya District Court had ordered the commencement of bankruptcy proceedings for Yamazen Homes (Shimonodai, Tado-cho, Kuwana City). The decision was dated the 14th. According to the branch, Yamazen Homes' debts as of the fiscal year ending July 2018 were approximately 2.162 billion yen, but at the time of filing for bankruptcy, this had fallen to approximately 1.793 billion yen. …
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