Japan's century-old companies suffer 95% surge in bankruptcies - Printable Version
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Japan's century-old companies suffer 95% surge in bankruptcies - Levin - 22-07-2024
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/Companies/Japan-s-century-old-companies-suffer-95-surge-in-bankruptcies#:~:text=TOKYO%20%2D%2D%20Bankruptcies%20among%20Japanese,report%20Friday%20by%20Teikoku%20Databank.