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Sluggish economic activity forced 14 listed companies to go bust in 2001, with their combined liabilities amounting to a postwar record 2.88 trillion yen, according to Teikoku Databank Ltd.

The amount was an increase of more than 200 billion yen from the previous year, and the number of bankruptcies matched the postwar record set in 1997, the credit research agency said.

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