companies subsisting: But for now, he's managing to keep hold of his single remaining mechanic by deferring his loan repayments time after time, according to The Japan Times. The man said the garage was started by his father after the war and at one time boasted about 20 employees. He's in his mid-60s, he's not making money and he knows he'll eventually have to close down. He asked not to be identified, citing the risk to his reputation if customers knew the state of his business. I'm grateful for that, the owner said in front of his cramped garage. It's just one of tens of thousands of fading small companies subsisting using easy refinancing terms that have lingered in Japan since the financial crisis.
(news.financializer.com). As
reported in the news.
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