Sendai – Many small businesses hit by the 2011 earthquake and the subsequent nuclear disaster in northeastern Japan continue to face difficulties in turning around their battered operations, officials at a state body providing financial assistance to them said Tuesday.
The government organization, established in 2012 to take over the debts of disaster-hit businesses from banks, has provided assistance such as debt relief to 744 small businesses to date, but only 21%, or 155 companies, had completed their turnaround as of September, while 24 went under, the officials said.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.