limited company; YK
A type of company structure for small businesses in Japan, similar to a private limited company. Abolished in 2006 and replaced by the 合同会社 (godō gaisha) under the new Companies Act. Existing YK could continue but new ones cannot be formed.
See also: 合同会社
My father runs a small limited company.
Since 2006, it has become impossible to establish a new limited company.