22-07-2024, 12:57 PM
July 20, 2024 03:16 JST
TOKYO -- Bankruptcies among Japanese businesses that are over 100 years old jumped 95% on the year to a record high in January-June, according to a report Friday by Teikoku Databank.
A total of 74 were in court-led bankruptcy during the period, the largest number for the first half in data going back to 2000. The full-year tally could top the 120 seen in 2008, during the global financial crisis.
More at: https://asia.nikkei.com/Business/Compani...20Databank.
TOKYO -- Bankruptcies among Japanese businesses that are over 100 years old jumped 95% on the year to a record high in January-June, according to a report Friday by Teikoku Databank.
A total of 74 were in court-led bankruptcy during the period, the largest number for the first half in data going back to 2000. The full-year tally could top the 120 seen in 2008, during the global financial crisis.
More at: https://asia.nikkei.com/Business/Compani...20Databank.