廃業はいぎょう
haigyō

Noun
Suru Verb

1. discontinuation (of business); closing down; giving up (one's practice); retiring

Transitive
同社どうしゃなん年間ねんかん利益りえきりつづけたあと、廃業はいぎょうした。
dōshawa nannenkammo riekiga heritsuzuketa ato haigyō shita.
The company went out of business after many years of declining profits.