We may have to wait until Monday (Sunday night in the USA) to see how this
affects the broader-based TOPIX, which on Friday closed at 1,864.20, up
35.02 points or 1.91 percent. Back to you Thalia.


On Fri, May 13, 2022 at 5:52 PM danny burstein <dan...@panix.com> wrote:

> [Nikkei Asia]
>
> Classic Japanese audio brand Onkyo files for bankruptcy
>
> Maker of stereos and speakers doomed by market shift to streaming and
> smartphones
>
> Osaka - Japanese audio equipment maker Onkyo Home Entertainment filed for
> bankruptcy at Osaka District Court on Friday, with total liabilities of
> around 3.1 billion yen ($24 million).
>
> The Osaka-based company was delisted in August. It was unable to keep pace
> with changes in how people listen to music, as users shift from audio
> equipment like compact stereo systems -- once Onkyo's core business -- to
> devices like smartphones for streaming services.
>        =======
>
> https://asia.nikkei.com/Business/Companies/Classic-Japanese-audio-brand-Onkyo-files-for-bankruptcy
>
> _____________________________________________________
> Knowledge may be power, but communications is the key
>                      dan...@panix.com
> [to foil spammers, my address has been double rot-13 encoded]
>

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