Sad news but another video game business went bankrupt. Last year several big studios and developers had to closed their offices and the next known one is the Dingo Games. This company maybe sounds unfamiliar but they worked on for example the popular dating simulator game the Photo Kano (PSP, Vita) but on the list you can find 3 Project Diva games, the Wii U Fire Emblem: Radiant Dawn, Love Live! School Idol Paradise and the last game was the Reco Love which couldn’t save them.
According to the information the company has more than 340 million yen (about 3 million USD / 2.8 million EUR) debt for about 100 creditors. The official announcement can be found on the Teikoku Databank: http://www.tdb.co.jp/tosan/syosai/4282.html