Getting signed to a major label is a goal many bands aspire to, but what happens when your contract ends halfway through the making of your sophomore LP? You start your own label and put it out yourself.

That is what guitar pop band Pirokalpin did with its new album, "A New Philosophy." Released through its newly established imprint, Miracle Oasis Music, the album contains songs written during the band's tenure at Universal Music Japan.

"We had a lot of songs we were working on, but we couldn't release them immediately," says singer-songwriter and guitarist Chieko Matsuki. "We were worried that if we waited too long people would forget about us, so we decided to start our own label."