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A Construction Company in Echizen City, Fukui Prefecture, Has Filed for Bankruptcy Due to Business Restrictions Imposed by the COVID-19 Pandemic and Subsequent Worsening Business Conditions Caused by Soaring Material Costs. The Company Has Debts of 57.98 Million Yen.
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It has been reported that "Rijiz LLC," a construction company in Echizen City, has been declared bankrupt by the Fukui District Court. According to Tokyo Shoko Research's Fukui branch, a private research company, the company, established in 2018, handled renovations and toilet construction, as well as manufacturing woodworking products. While it recorded sales of 40 million yen in the fiscal year ending January 2021, business conditions deterior…
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