PC/Peripheral Equipment "Nissin Pal" Goes Bankrupt
Nissin Pal, which operated the "PC Super Discount Shop Nissin Pal" that ceased operations in December 2014, received a bankruptcy order from the Tokyo District Court on March 12 (Thursday).
Nissin Pal had been in business for 32 years, selling PCs, peripherals, digital cameras, etc. In 2013, the company ceased store operations and shifted to mail order only, but on December 5, 2014, all operations were suspended.
According to Tokyo Shoko Research, the company had been shutting down and liquidating its business due to intensifying competition in the same industry and a continuing decline in sales per customer.
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