Japan's corporate bankruptcies rise to 11-year high

NAMPA / Xinhua

2025-02-10

TOKYO, Feb. 10 (Xinhua) -- The number of corporate bankruptcies in Japan hit the highest in 11 years as rising prices and labor shortages weighed on business operations, research data showed Monday. Companies with liabilities of at least 10 million yen (about 65,720 U.S. dollars) that underwent legal liquidation totaled 830 last month, rising 18.6 percent from the same period last year and marking the 33rd consecutive month of year-on-year gro......

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