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Kimura Metal Industry filed for bankruptcy with debt of 3.8bn ye

Rumors had continuously circulated within the industry but the major e-scrap recycler, Kimura Metal Industry Co., Ltd. based in Komaki-City, Aichi prefecture with a capital of 35mn yen (President: Mitsuhiko Kimura, Employees: 150) filed for bankruptcy to Nagoya District Court on May 10. The indebtedness amounts to 3.8bn yen.
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