noun
market withdrawal; pulling out of a market
Business term for a company ceasing operations or sales in a particular market, often due to strategic or financial reasons.
その企業は海外市場撤退を決めた。
The company decided to withdraw from the overseas market.
市場撤退の発表後、株価が下落した。
After the announcement of the market withdrawal, the stock price fell.
Compound of 市場 (market) and 撤退 (withdrawal).