On Oct. 1, 日本トイザらス株式会社 filed for application of the Civil Rehabilitation Act with the Tokyo District Court, with liabilities of about 13.2 billion yen, the largest toy retailer bankruptcy ever. The business will be transferred to Pan Pacific International Holdings and will continue operating through DIP financing from 三菱UFJ銀行.
Facts
Capital: 10 million yen
Annual sales of about 194.364 billion yen
Annual sales of about 75.211 billion yen
Losses for 8 consecutive terms
About 1,100 creditors
Liabilities are about 13.2 billion yen against about 1,100 creditors
株式会社メディトランセ received a bankruptcy commencement order from the Tokyo District Court on Sept. 9. The company had been engaged in medical specimen transport and PCR testing, but lost credibility after being ordered by 東京都 to return about 1.3 billion yen for fraudulent receipt of subsidies. The amount of liabilities is under investigation.
株式会社Hatch Out and its affiliate (株)八建設 received a bankruptcy commencement order from the Osaka District Court on Aug. 31. Total liabilities are about 10.89535 billion yen.
株式会社パークエンジニア and its affiliate (株)カーパークレント filed for voluntary bankruptcy with the Osaka District Court due to worsening cash flow and received a bankruptcy commencement order. Total liabilities are about 3.51794 billion yen.
株式会社FUTURO (formerly Xクリエーション) was petitioned into bankruptcy by a creditor amid worsening cash flow and trouble with business partners, and received a bankruptcy commencement order from the Tokyo District Court on Sept. 2. Its liabilities are currently under investigation.
宗教法人多田神社 filed for application of the Civil Rehabilitation Act with the Kobe District Court by Aug. 24 and received a supervision order. Its liabilities are currently under investigation.
株式会社六石ゴルフ倶楽部 filed for application of the Civil Rehabilitation Act with the Tokyo District Court on Sept. 1, citing liabilities of about 5.6 billion yen, and received a preservation order. It aims to rebuild with support from Resol Holdings.
3 companies, 株式会社オッドナンバー, (株)イグニス and パルス(株), filed for voluntary bankruptcy with the Tokyo District Court on Aug. 4 and received commencement orders on the 5th. Combined liabilities are about 29.7 billion yen, caused by the end of each company's main business and insolvency.
Facts
Capital of 1 million yen
Capital of 100 million yen
Capital of 1.05 million yen
On Aug. 4
On the 5th of the same month
Established in March 2022 (Reiwa 4)
From 2024, operated by the company
Developed and operated since 2023
In 2024, a smartphone game app likewise
As of the December 2024 fiscal period
Insolvency reached about 9.6 billion yen as of the December 2024 fiscal period
ヒプノシスマイク -Dream Rap Battle- ended service in September 2025
In April 2026, it announced that it had fallen into a situation where "healthy management capable of continuing the service is impossible," and
ended the service in June of the same year
Originalメタバース部門でも同年5月に
Founded in May 2010 (Heisei 22)
Reorganized as a corporation in February 2021 (Reiwa 3)
Established in November 2016 (Heisei 28)
To about 153 creditors
About 10.72767 billion yen
To about 65 creditors
About 5.02492 billion yen
To about 172 creditors
About 13.98606 billion yen
About 29.73865 billion yen in total for the 3 companies
カフカ株式会社 received a bankruptcy commencement order from the Nagoya District Court on July 21, posting a net loss and ceasing business with liabilities of about 6.045 billion yen owed to about 110 creditors.
菱秋木材株式会社 (Noshiro) received a bankruptcy commencement order from the Akita District Court on July 14. It ceased business by July 31, 2025, and its liabilities are about 2.98 billion yen.
Amid a shrinking publishing market and rising costs that hurt its performance, 株式会社文學の森 halted operations by May 1 and began preparing to file for bankruptcy. Its liabilities are approx. 200 million yen.
Showa Holdings, listed on the Tokyo Stock Exchange Standard market, received a preservation administration order from the Tokyo District Court following a corporate reorganization petition filed by ジェイトラスト・アジア・プライベート・リミテッド.
Facts
Capital of 5,651,394,423 yen
As of July 17
Annual sales of approx. 8.558 billion yen
Non-consolidated: approx. 387 million yen
Liabilities of approx. 2,244,075,000 yen as of the end of the fiscal year ended March 2026
アエラホーム株式会社 filed for civil rehabilitation with the Tokyo District Court on July 16. Its liabilities are approx. 6.16 billion yen. ロゴスホールディングス, listed on the Tokyo Stock Exchange Growth market, will serve as sponsor and seek business revival through an absorption-type split into its subsidiary LHD-1.
東日本流通株式会社 filed for civil rehabilitation with the Chiba District Court on July 9 and received a decision to commence rehabilitation proceedings on the 13th. Its liabilities are estimated at approx. 4 billion yen.
株式会社MAKE VALUE filed for civil rehabilitation with the Tokyo District Court on July 13 and is seeking to rebuild with liabilities of approx. 4,823,380,000 yen.
Following a fraudulent contract case and worsening performance, 株式会社全東信 filed for quasi-self bankruptcy with the Osaka District Court on July 6 and received a bankruptcy commencement decision. Its liabilities are approx. 125.929 billion yen.
Have AI stocks fallen enough? Two major tests for U.S. stocks next week: CPI for rate hikes, CoreWeave for funding
Published ・ Source Taiwan | 鉅亨網
U.S. stocks face tests from CPI and CoreWeave earnings next week, as the Nasdaq enters correction territory. The Philadelphia Semiconductor Index plunged more than 12% in a single day on regulatory concerns, and technology stocks sharply underperformed the broader market.
Facts
The Nasdaq Composite closed Thursday nearly 12% below its Oct. 6 record high, entering correction territory.
The Philadelphia Semiconductor Index plunged more than 12% Thursday, its biggest single-day drop in more than six years.
U.S. nonfarm payrolls rose by 165,000 in October, far exceeding expectations.
The market estimates that the probability of the Fed raising rates by 1 quarter-point next month has returned to about 八成.
Technology stocks’ returns over the past month underperformed the S&P 500 by the widest margin since May 2002.
U.S. voters hit the brakes. Will OpenAI still build data centers? CFO: We’ll keep investing
Published ・ Source Taiwan | 鉅亨網
OpenAI CFO Sarah Friar confirmed that the company will continue investing and raising funds despite local ballot measures opposing data center development in several U.S. locations. OpenAI has pledged to fully cover electricity costs for its own campuses and is evaluating the possibility of going public in 2027.
Facts
In the U.S. midterm elections, 40 of 41 local ballot measures related to data centers across 10 states supported restricting development or rejected proposals favorable to development.
OpenAI CFO Sarah Friar said the company will continue investing in AI data centers and raising funds.
OpenAI has pledged that it will fully cover the cost of electricity and necessary power infrastructure for campuses it owns and operates in the future.
OpenAI secretly filed IPO registration documents with the 美國證券交易委員會 (SEC) in June.
Its main competitor, Anthropic, is targeting a Nasdaq listing in mid-November.
AI stock rout hits Claude developer! Ahead of Anthropic’s listing, some buyers value it at as little as $1.1 trillion
Published ・ Source Taiwan | 鉅亨網
Anthropic’s valuation was cut to $1.1-1.3 trillion by potential buyers ahead of its IPO, as a sharp selloff in U.S. tech stocks and political factors push market pricing toward caution.
Facts
Potential buyers discussing Anthropic’s IPO have put its valuation in a range of $1.2 trillion to $1.3 trillion, while some are willing to offer only $1.1 trillion.
OriginalAnthropic今年5月以9,650億美元估值完成私募。
OpenAI’s new funding round is targeting a pre-money valuation of $1.25 trillion.
The Nasdaq 100 plunged 6.4% Thursday, wiping $2.3 trillion off the market value of its constituents in a single day.
Investors valued Anthropic at as much as $2 trillion in early October.
Chipmaker Cerebras Systems and design software company Figma raised more funds than originally planned, but their share prices have fallen well below their offering prices.
Report: 微軟 will not renew its contract and is gradually phasing out AI computing capacity rented from 甲骨文
Published ・ Source Taiwan | 鉅亨網
微軟 has decided not to renew its contract for AI computing capacity rented from 甲骨文 because the hardware specifications do not meet its needs. The move reflects 微軟’s review of more than $80 billion in external computing capacity spending, while 甲骨文 is facing capital expenditure pressures that have sent its share price sharply lower.
Facts
微軟 has decided not to renew its contract for AI computing capacity rented from 甲骨文 and is gradually phasing it out.
Servers provided by 甲骨文 use older-generation 輝達 chips that do not meet 微軟’s specifications.
微軟’s commitments to rent computing capacity from external cloud providers total more than $80 billion.
甲骨文’s cloud business revenue reached $18 billion in the fiscal year ended May 2026.
甲骨文’s share price has fallen by more than half since hitting a high on June 1.
甲骨文’s 4-year-old GPUs can still be renewed at a price 20% higher than under the original contract.
Which 輝達 AI chips can still be sold to China? U.S. Congress considers a “two generations behind” threshold, with H200 right on the line
Published ・ Source Taiwan | 鉅亨網
The U.S. Congress is considering legislation requiring AI chips obtained by China to be 2 generations behind those available in the United States, a standard that 輝達’s H200 just meets. The new bill would also strengthen checks on the overseas movement of chips to prevent them from being transshipped to China.
Facts
U.S. lawmakers from both parties are negotiating a proposal to maintain current AI chip export restrictions for 18 months, during which China could obtain only technology at least two generations behind the most advanced U.S. products.
輝達’s H200, approved for sale to China, is exactly 2 generations behind the latest Rubin series.
輝達 told investors in August this year that, because of opposition from authorities in Beijing, it had sold only a small number of H200 chips to Chinese customers, with actual sales below the amount approved by the U.S.
Democratic Senator Warren and Representative Meeks, the top Democrat on the House Foreign Affairs Committee, have asked the Trump administration to provide related information.
輝達 has stepped up tracking of AI accelerators shipped to Southeast Asia and confirmed that Singaporean customer Megaspeed did not illegally ship chips to China.
If AI stocks keep falling, will the Fed still raise rates? “Fed whisperer” identifies the key factor for December
Published ・ Source Taiwan | 鉅亨網
《華爾街日報》 reporter Nick Timiraos analyzed the outlook for a Fed rate hike in December, saying that if selling pressure on AI stocks continues to weigh on the real economy, it could have some tightening effect and reduce the need for further rate hikes. Fed Chair Warsh pays close attention to market signals, and next week’s CPI data will be a key reference.
Facts
《華爾街日報》 reporter Nick Timiraos said his analysis showed that recent economic data and officials’ remarks still point to another rate hike in December.
The AI stock selloff that began in mid-October has squeezed profits, as shortages of resources such as chips and electricity have driven costs up faster than companies can pass them on.
Fed Chair Warsh values financial markets’ assessment of the economic outlook and is skeptical of setting interest rates based on monthly statistical data.
After raising rates in September, the Fed held its benchmark rate at 3.75% to 4% in October. Governor Cook and 克里夫蘭聯準銀行 President Hammack both voted at the time in favor of another rate hike.
The October consumer price index (CPI), due to be released on November 10, will be the last CPI report the Fed can review before its December 8 to 9 meeting.
Tech shares rebound but still fail to stem losses; 3 major European indexes close lower
Published ・ Source Taiwan | 中央社 CNA
The rebound in tech shares failed to fully recover the previous day's steep losses. Markets worried that a Democratic victory in the United States could lead to a brake on the expansion of AI infrastructure. Although Europe has relatively few tech companies, the 3 major indexes in London, Paris and Frankfurt still closed lower.
Civic group exposes more than a thousand Chinese police stations; IPAC urges foreign agent registration system
Published ・ Source Taiwan | 中央社 CNA
保護衛士人權基金會 released a report at the IPAC annual meeting saying China still has at least 1247 overseas liaison stations that continue to monitor expatriates. IPAC called on democratic countries to establish foreign agent registration systems and require organizations affiliated with the United Front Work Department to register, to counter foreign interference.
Facts
At least 1247 liaison stations
52 lawmakers from 30 countries attended
There are 74 Chinese officials
Through 1247 officially designated overseas liaison stations in 91 countries
Companies mentioned:中央社、保護衛士人權基金會、Inter-Parliamentary Alliance on China、IPAC、中共統戰部、海外華僑聯合會
2026 Kaohsiung Financial Expo opens; Taishin Shin Kong Financial Holding takes part with Taishin Bank and 台新投信
Published ・ Source Taiwan | 風傳媒
The 2026 Kaohsiung International Finance Expo will be held Nov. 6 to 8, with 台新新光金控 leading 台新銀行 and 台新投信 as exhibitors. The exhibition area will showcase one-stop family office services, active ETFs and digital finance innovations, aiming to meet the financial needs of different customer groups.
Facts
The 2026 Kaohsiung International Financial Expo runs from Nov. 6 to 8 at the South Hall of the Kaohsiung Exhibition Center.
台新新光金控 is exhibiting together with its subsidiaries 台新銀行 and 台新投信.
台新銀行's family office provides one-stop services across 5 areas: investment management, wealth succession, tax services, family governance and lifestyle concierge services.
台新投信 is exhibiting the “00416A Taishin Taiwan Small- and Mid-Cap Active ETF Fund.”
台新銀行 has launched “Go健康GoFit,” the first health-tiered rewards program.
台新銀行 has introduced an OOB transaction verification mechanism to reduce fraud risks.
Su Chiao-hui draws crowds while canvassing at Zhonghe evening market; unveils platforms for a Shuanghe waterfront living circle and Huiyao biomedical park
Published ・ Source Taiwan | 風傳媒
Su Chiao-hui, the DPP candidate for New Taipei City mayor, canvassed for votes at Zhonghe evening market on the 6th and announced policy platforms including promoting publicly led urban renewal, a Shuanghe waterfront living circle and the Huiyao biomedical park, seeking voters' support.
Facts
Su Chiao-hui canvassed for votes at Zhonghe Heping Street evening market on the 6th.
Su Chiao-hui joined New Taipei City councilors Chang Wei-chien and Chang Chia-ling, as well as councilor candidate Chang Chih-hao, in the canvassing event.
Su Chiao-hui pledged to promote a Shuanghe waterfront living circle, the Yuanshan Administrative and Affordable Housing Complex, and the Huiyao Biomedical and Smart Technology Innovation Park.
Su Chiao-hui proposed establishing an Urban Renewal Bureau to proactively promote publicly led urban renewal.
On transportation infrastructure, Su Chiao-hui stressed that she would make every effort to speed up construction of the Wanda-Zhonghe Line and actively promote the Zhonghe-Guangfu Line.
Su Chiao-hui proposed creating a “Shuanghe waterfront living circle,” prioritizing improvements to the water quality of the Wayaogou.
Su Chiao-hui plans to accelerate development of the “Huiyao Biomedical and Smart Technology Innovation Park,” linking it with clinical research resources at Shuang Ho Hospital and Taipei Medical University.
義大世界’s 999-second New Year’s Eve fireworks show revealed early! A colorful display of thousands of fireworks will create a 500-meter aerial flower sea, with a drone show adding another highlight.
Published ・ Source Taiwan | 風傳媒
義大世界 has announced details of its 2027 New Year’s Eve fireworks show, which will feature 999 seconds of fireworks combined with a drone show. It is also offering a range of accommodation packages, with its “fireworks-view rooms” selling well, and bringing together shopping and amusement activities for a one-stop travel experience.
Facts
義大世界’s 2027 New Year’s Eve fireworks show will last 999 seconds.
The New Year's Eve fireworks show will have a maximum horizontal visual spread of nearly 500 meters.
A two-day, one-night stay for two with breakfast at 義大皇家酒店 starts at NT$9,999.
A 3-day, 2-night package in a 5-star fireworks-view family room starts at NT$33,888.
“Fireworks-view rooms,” designed for guests to watch the show without leaving their rooms, sold 七成 of their inventory within 2 hours of going on sale.
Book a New Year's Eve accommodation package before Nov. 15 to get a waiver of the 一成 service fee.
義大遊樂世界 is presenting “Snowflake Dinosaur Starlight Month” from Nov. 18 through the New Year’s holiday period.
Kaohsiung's Yakiniku Festival kicks off on 12/5! 9 Japanese prefectures and cities head to Kaohsiung; 50 food stalls and 8 bands create a Taiwan-Japan carnival
Published ・ Source Taiwan | 風傳媒
高雄流行音樂中心 will hold “2026 Sake Festival FEAT. Japan” on Dec. 5 and 6, inviting participants from 9 Japanese prefectures and cities in partnership with 日本台灣交流協會. The event will feature more than 50 food stalls and performances by 8 bands, deepening cultural exchanges between Taiwan and Japan through interactive experiences such as a yukata parade. It is an annual free event.
Facts
2026 Yakiniku Festival FEAT. Japan will be held on Dec. 5 and 6 at the Kaohsiung Music Center's outdoor Sea Breeze Plaza.
The event has invited 9 Japanese prefectures and cities, including Akita, Ibaraki, Kasama, Himeji, Fukuoka, Yanagawa, Kumamoto, Okinawa and Ishigaki.
The event brings together more than 50 stalls featuring Taiwanese and Japanese food and local products, as well as performances by 8 popular singers and bands.
Kaohsiung Music Center CEO Ting Tu-lan said she hoped people could make friends with the world right at the center.
The festival has attracted more than 400,000 visits over the years, with social media buzz surpassing one million.
Japanese vendors are bringing specialties including Kumamoto honey, Akita smoked pickled radish, Yanagawa sumo miso for tasting, and Kasama chestnut liquor.
After making a purchase of any amount at a market stall, visitors can go to the service desk to redeem a game token for free play on a Taiko no Tatsujin arcade machine.
Strong winds over land advisory (yellow alert) (Pingtung County, Taoyuan City, Lienchiang County, New Taipei City, Hsinchu City, Hsinchu County, Taitung County, Penghu County)
株式会社プエンテ released Episode 1 of the anime Under the Moon at the Far End of the East, based on an original work by Mellow, on YouTube. The 12-episode series is updated every Friday.