The lingering financial pressures from the 1973 Oil Crisis and excessive investments by the company in infrastructure led to the company declaring bankruptcy in 1975. Even after declaring bankruptcy, the company managed to stay afloat, with the support of the main banks, Taiyo Kobe Bank and Nissho Iwai.
Unfortunately, the financial standing of Yashica’s was not sustainable, and in October 1983 it was forced to merge with Kyocera, the Japanese ceramics manufacturing company, at a ratio of 1 Kyocera stock to 13 Yashica shares.
Tai nėra, kad bankrutavo - Kyocera nupirko.
Unfortunately, the financial standing of Yashica’s was not sustainable, and in October 1983 it was forced to merge with Kyocera, the Japanese ceramics manufacturing company, at a ratio of 1 Kyocera stock to 13 Yashica shares.
Tai nėra, kad bankrutavo - Kyocera nupirko.
