Mycal Corp. filed for protection from creditors with the Tokyo District Court on Friday, after Dai-Ichi Kangyo Bank, its biggest creditor, decided to cut off further financial support to the supermarket chain.

The collapse of Mycal, saddled with more than 1 trillion yen in group debts, is the largest failure of a company outside the financial sector since department store chain Sogo Co. went under in July 2000 with debts of some 1.87 trillion yen.

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