61 firms  in Japan went bankrupt in May due to coronavirus fallout

Business Jun 9, 2020

61 firms in Japan went bankrupt in May due to coronavirus fallout

The number of corporate bankruptcies in May stemming from the COVID-19 pandemic stood at 61, Tokyo Shoko Research Ltd. said Monday. The data covered failures that left liabilities of ¥10 million or more, according to the credit research firm. A Tokyo Shoko Research official said that ...

Japan corporate bankruptcies up 6.1% in November

Business / Corporate Dec 10, 2018

Japan corporate bankruptcies up 6.1% in November

The number of corporate bankruptcies nationwide in November rose 6.1 percent from a year earlier to 718, up for the first time in three months, Tokyo Shoko Research Ltd. said. Total liabilities left by failed companies fell 16.7 percent to ¥121.279 billion, dropping for the ...

Business May 11, 2018

Business failures hit 28-year low in April

The number of corporate bankruptcies in April hit a 28-year low for the month, a private credit research firm said Thursday. The figure fell 4.4 percent from a year before to 650, the lowest level for the month of April since 1990 when the country ...

Business / Economy Jul 8, 2013

First-half bankruptcies recede to 22-year low

Corporate bankruptcies logged a 10.9 percent drop in the first six months of the year to 5,620, the lowest first-half level seen in 22 years, a credit research agency said Monday. Tokyo Shoko Research also said that liabilities left by failing businesses that had at ...