Takata likely to file for bankruptcy protection on Monday

/ Jun 22, 2017

Takata likely to file for bankruptcy protection on Monday

Struggling air bag maker Takata Corp. is apparently ready to file for bankruptcy protection Monday under the civil rehabilitation law, informed sources said Thursday.Takata, reeling from global recalls of its defective air bag inflators, aims to achieve a turnaround through court-led rehabilitation after filing ...

Oct 11, 2016

Corporate bankruptcies fell to 26-year low in April-September

The number of corporate bankruptcies in the April-September half fell 3.9 percent from a year before to 4,217, the fewest in 26 years for the period, according to Tokyo Shoko Research Ltd.The total declined for the eighth consecutive fiscal first half, hitting the lowest ...

Feb 25, 2016

March 2011 disasters caused 1,698 bankruptcies: think tank

A credit research agency said Thursday 1,698 corporate bankruptcies were triggered by the calamity in March 2011 that devastated northeastern Japan.Tokyo Shoko Research said that the business failures caused by the Great East Japan Earthquake were 5.4 times the 314 bankruptcies caused over three ...