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April 30, 2024
 

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BANKRUPTCY 3

Japan Times
BUSINESS / Companies
Jan 13, 2021
Japan's 2020 corporate bankruptcies fall to 31-year low with government aid
The drop reflects the impact of the government's measures, including interest-free loans without collateral that helped small and medium-sized companies.
Japan Times
JAPAN
Jan 7, 2021
Kitchen equipment piles up as pandemic shutters Japan's restaurants
With businesses closing, recycling shops are buying up equipment to repair, clean and resell.
Japan Times
BUSINESS
Dec 12, 2020
Bankruptcies in Japan's restaurant industry to hit all-time high in 2020
According to a survey, bankruptcies of companies with debts of at least u00a510 million from January to November stood at 792, an increase of 8% compared with the same period last year.
Japan Times
BUSINESS / Companies
Nov 3, 2020
Japanese apparel maker Renown to enter liquidation as virus hits sales
Japanese apparel maker Renown Inc., which had sought court protection to revive its century-old business, will go into liquidation amid plunging sales due to the novel coronavirus pandemic, its lawyers said Monday.
Japan Times
BUSINESS / Companies
Nov 2, 2020
These are the airlines teetering on the brink of COVID-19 ruin
Having a home government with deep — and open — pockets is emerging as key in terms of whether an airline will make it through the coronavirus pandemic.
Japan Times
JAPAN / Media / BIG IN JAPAN
Sep 26, 2020
Telltale signs that a business in Japan may be teetering on the edge of financial ruin
One reliable way to discern if the corporate ship is listing severely is to scrutinize the behavior of its president.
BUSINESS / Companies
Aug 21, 2020
Apparel maker Renown to sell D'urban and other brands, and go into liquidation
Failed Japanese apparel maker Renown Inc. said Friday it will sell some of its main brands, including the D'urban suit brand, to an apparel group in Osaka for an undisclosed amount.
Japan Times
BUSINESS / Companies
Aug 11, 2020
Bankruptcies in Japan edge down in July despite COVID-19
The data suggests that government measures may be helping keep businesses afloat amid the pandemic.
Japan Times
BUSINESS / Companies
Aug 5, 2020
Virgin Atlantic files Chapter 15 petition to aid U.K. rescue
The firm's reservations are down 89 percent year-on-year so far in 2020.
Japan Times
JAPAN / Media / BIG IN JAPAN
Jul 11, 2020
COVID-19 pulls the rug out from under workers' feet
And that may not be the worse thing that could happen to them.
Japan Times
BUSINESS / Companies
Jul 10, 2020
Muji U.S.A. files for bankruptcy, citing pandemic shutdowns
Muji's U.S. unit joins more than 110 companies that have declared bankruptcy in the U.S. this year and blamed the coronavirus crisis in part for their demise.
Japan Times
BUSINESS / Companies
Jul 2, 2020
NPC, top U.S. franchisee of Pizza Hut and Wendy's, files for bankruptcy
The plan is to reduce the company's debt and sell some of its restaurants, starting with Wendy's, court papers show.
Japan Times
BUSINESS / Economy
May 29, 2020
Japan bankruptcies seen rising to seven-year high amid pandemic
A global economic slowdown triggered by the COVID-19 pandemic is causing companies to go out of business around the world.
Japan Times
BUSINESS / Companies
May 16, 2020
Japan apparel firm Renown files for bankruptcy as virus hit sales
Japanese apparel maker Renown Inc. said Friday it filed for bankruptcy protection after the coronavirus pandemic hit sales sharply in recent months.
Japan Times
BUSINESS / Economy
May 11, 2020
‘Hidden’ defaults set to soar as recession squeezes firms worldwide
The COVID-19 outbreak and unprecedented lockdowns prompted the International Monetary Fund to predict that the recession would be the steepest in almost a century.
Japan Times
BUSINESS
May 5, 2020
Coronavirus-linked bankruptcies rise sharply in Japan
As of Friday, the number of bankruptcies linked to the spread of the virus totaled 114, according to the survey conducted by Tokyo Shoko Research.
Japan Times
BUSINESS / Companies
Mar 30, 2020
SoftBank shares tumble 10% after OneWeb files for bankruptcy
SoftBank Group Corp. fell as much as 10 percent after a provider of satellite-based internet service that it invested in filed for bankruptcy, ceding some gains from an unprecedented plan to sell assets and buy back shares.
Japan Times
BUSINESS / Companies
Mar 2, 2020
Japan's Luminous Cruising blames coronavirus as it files for bankruptcy
A cruise ship company in Kobe was effectively bankrupted by the coronavirus crisis on Monday after filing for protection from creditors under the corporate rehabilitation law.
Japan Times
BUSINESS / Companies
Feb 25, 2020
Japan sees first business failure linked to coronavirus
A hotel in Aichi Prefecture will file for bankruptcy due to a steep fall in customers amid the coronavirus outbreak, Tokyo Shoko Research Ltd. said Tuesday.
Japan Times
JAPAN / Crime & Legal
Feb 18, 2020
Nine arrested for illegally collecting money for food business Kefir
Nine people were arrested Tuesday on suspicion of illegally collecting money for a food product sales business run by a Tokyo-based mail-order service company that filed for bankruptcy in 2018, police said.
When will Japan intervene to support the yen?
Finance Minister Shunichi Suzuki has reiterated the government's readiness to take an appropriate action as the yen continues to slide against the U.S. dollar.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Raising kids in Japan as a single parent? It takes a village.
Making things work as a foreign, single mother in Japan isn't easy, but these tips and tricks can help you through the hardest parts.
Yen rebounds strongly after first slide past ¥160 since 1990
The yen dropped to ¥160.245 per dollar on Monday before heading into the other direction to ¥155.01 amid speculation of an intervention by Japanese currency authorities.
JAL cancels international flight after captain gets drunk at Dallas hotel
A Japan Airlines' flight from Dallas to Tokyo was canceled last week after its captain got drunk at a local hotel.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.

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