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.

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