Book2Book reports that Japanese distributor of foreign books and magazines Yohan “went into bankruptcy today and all their employees were dismissed at once, the office was closed down immediately and the website appears to be closed. It is understood that it has gone down the bankruptcy route, rather than a supervised corporate reorganization. Yohan did not have any significant property and assets and reports suggest that there will be no payment of debts.” Their bookstore operations Aoyama Book Center and Ryusui Shobo are still operating, and are seeking to reorganize.B2B
