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
-
01/17 10:45 MUFG Bank Pledges to Regain Trust after Customer Asset Thefts - 01/17 10:08 Nintendo Switch 2 to Be Released in 2025
-
01/17 01:30 Japan's Beer, Quasi-Beer Sales Fall 3 Pct in 2024 - 01/16 22:14 (Update 2) MUFG Bank Cuts Executive Pay over Customer Asset Thefts
- 01/16 18:57 Open House to Raise Starting Monthly Salary to 360,000 Yen
- 01/16 17:40 Funai Electric Parent Allowed to Start Bankruptcy Procedures
- 01/16 16:10 (Update) MUFG Bank to Punish Execs over Customer Asset Thefts
- 01/16 15:11 Japan's MUFG Bank to Punish Execs over Customer Asset Thefts
- 01/16 12:20 Hino Motors Settles with U.S. Authorities over Scandal
- 01/16 08:57 Fuji TV Probing Nakai Scandal with Outside Lawyer
- 01/15 23:15 Honda to Build Luxury Electric SUV in Ohio
- 01/15 22:56 Lawson, FamilyMart Enjoy Net Profit Growth in March-Nov.
- 01/15 19:18 Japanese Startup Launches Lunar Lander in 2nd Attempt
- 01/15 15:57 U.S. Shareholder Urges Fuji Media to Probe Nakai Scandal
- 01/15 15:26 Suzuki Motor Eyeing Cow Feces for Biogas Fuel in India
- 01/15 13:17 Aeon Financial Chief Resigns over Biz Improvement Order
- 01/14 20:23 (Update) Toyota Remains World's Biggest Auto Seller for 5th Year
- 01/14 19:59 Toyota Remains World's Biggest Auto Seller for 5th Year
- 01/14 19:08 Realtors Offer Healthy Options for Office Workers of Tenant Firms
- 01/14 18:22 Nippon Steel Opposes Cleveland-Cliffs' Bid for U.S. Steel
- 01/14 17:30 Japan Biz Failures Top 10,000 in 2024, Worst in 11 Years
- 01/14 17:13 Minivehicles, Compact Cars Likely to Remain Popular in 2025
- 01/14 12:16 Tokio Marine to Appoint Koike as New President
- 01/12 20:23 U.S. Extends Deadline for Nippon Steel to Drop U.S. Steel Bid
- 01/11 16:05 Honda Civic Hybrid Named North American Car of Year
- 01/11 01:28 U.S. Fund Apollo May Invest 1.5 T. Yen in Seven & i
- 01/10 22:25 Tokio Marine to Raise Starting Pay to Up to 410,000 Yen
