Key Facts
• June 11, 2025: Sagae City-based Tohoku Juken Kogyo Co., Ltd. received a special liquidation order.
• Founded in 1970, incorporated in 1973, specializing in metal component processing.
• Peak annual sales: 120 million yen (FY2008); dropped to 70 million yen (FY2020).
• Financial struggles due to high debt from factory relocation in 2009.
• Business ceased in October 2020; main factory sold in May 2021, old factory sold in September 2021.
• Dissolution decided at shareholders’ meeting on July 31, 2022.
• Debt as of FY2020: approximately 220 million yen, with potential fluctuations.
Summary
Tohoku Juken Kogyo Co., Ltd., a metal processing company in Sagae City, received a special liquidation order from the Yamagata District Court on June 11, 2025. Established in 1970, the company once thrived with annual sales of 120 million yen in 2008 but faced financial difficulties due to high debt from a 2009 factory relocation. Declining sales, aging management, and lack of successors led to the cessation of operations in October 2020. Despite selling its factories in 2021 to address debts, the company dissolved in 2022. As of FY2020, its debt stood at approximately 220 million yen, though this figure may have changed.
