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Cattle giant files for bankruptcy via The Japan Times online

UTSUNOMIYA, Tochigi Pref. — Agura Bokujo, a cattle farm business with operations nationwide, has filed for bankruptcy protection, blaming the crisis at the leaking Fukushima No. 1 nuclear power plant, which it says prompted a rise in canceled contracts after radioactive elements were detected in beef, a company executive said Wednesday.

The Tokyo District Court ordered the protection of the Tochigi Prefecture-based firm’s assets Tuesday under the civil rehabilitation law. It had ¥61.99 billion in debts as of the end of March.

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