Thursday, July 31, 2008
Book Bust: Yohan files for Bankruptcy
One of Japan's biggest, oldest and most prominent book and magazine distributors filed for bankruptcy in Japan on Thursday.
When I was in the Bay Area last year, hopeful talk of Yohan's life-saving investments in Cody's Books and Stone Bridge Press prevailed.
Bankruptcy filings are far rarer in Nippon than elsewhere--especially the US.
Long hot summer. Indeed.