Japan Biz Failures Top 10,000 in 2024, Worst in 11 Years
Tokyo, Jan. 14 (Jiji Press)--The number of corporate bankruptcies with liabilities of 10 million yen or more in Japan last year rose 15.1 pct from the previous year to 10,006, surpassing 10,000 for the first time in 11 years, Tokyo Shoko Research Ltd. said Tuesday.
The annual figure marked the third consecutive year of increases as rising prices due to the yen's weakening and labor shortages caused business failures in a wide range of industries.
(2025/01/14-17:30)
To read a full story, please click here to find out how to subscribe.
BUSINESS
-
02/18 19:49 (Update) Mizuho Admits Safe Deposit Thefts Occurred in 2019
-
02/18 13:54 Safe Deposit Box Thefts Found at Mizuho Bank
-
02/17 23:01 JR Tokai Unveils Disney-Themed Shinkansen Train
-
02/17 19:53 (Update) Bain Capital Drops Bid for Fuji Soft
-
02/17 14:44 Bain Capital Drops Bid for Fuji Soft
-
02/15 13:07 Kioxia Posts Record Net Profit in April-Dec.
-
02/14 22:42 JX Advanced Metals to Go Public on March 19
-
02/14 22:25 (Update) Rakuten Logs Net Loss for 6th Straight Year
-
02/14 20:26 4 Major Japanese Automakers Log Lower April-Dec. Profits
-
02/14 16:34 Rakuten Group Logs Net Loss for 6th Consecutive Year
-
02/13 23:50 Sony Group Raises Full-Year Forecasts to Record Highs
-
02/13 22:30 (Update 2) Honda-Nissan Merger Talks Fall Apart
-
02/13 20:29 Nissan Estimates Full-Year Net Loss of 80 B. Yen
-
02/13 19:03 TDK Develops Sake Taste Sensing System
-
02/13 18:52 Japan Electronics Unions Demand Wage Hike of 17,000 Yen
-
02/13 16:28 (Update) Honda, Nissan Terminate Merger Talks
-
02/13 15:37 Honda, Nissan Terminate Merger Talks
-
02/13 14:57 Mitsui, Others in Japan Invest in U.S. Synthetic Fuel Firm
-
02/12 19:09 SoftBank Group Posts 1st April-Dec. Profit in 3 Years
-
02/12 18:55 Hon Hai Chairman Denies Intention to Acquire Nissan
-
02/12 16:47 Idemitsu Kosan Names Sakai as New President