Japan's century-old companies suffer 95% surge in bankruptcies
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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.
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