Has this Japanese company gone into liquidation yet even though Tokyo court approved its application for protection from the creditors? I wish a company could come up something like this Japanese company. It has to last at least three months or so and not disposable.

The Tokyo District Court has authorized hairpiece maker Propia's application for protection from creditors under the fast- track corporate rehabilitation law, company officials said Wednesday.
Tokyo-based Propia went down with liabilities totaling 4.3 billion yen as of the end of March, according to the officials, who added that they are expecting support for the company's rehabilitation from another company.

Propia, known for its Hair Contact synthetic hair glued to adhesive thin films, chalked up sales of 4.3 billion yen in fiscal 2006 to March 31, 2007.

But the company incurred liabilities in excess of assets the following year as a result of high advertising and development expenses and the cost of recovering defective products.