According to a report released on the 8th by the Tokyo Chamber of Commerce and Industry, a Japanese private enterprise credit investigation agency, more than 700 companies in Japan will go bankrupt in January 2024, an increase of 23% over the same period in 2023, affected by factors such as raw materials and labor costs.
According to the report released by the Tokyo Shoko Research Institute, in January 2024, the number of bankrupt companies in Japan with debts exceeding 10 million yen (about 480,000 yuan) is 701, exceeding 700 in January for the first time in four years. The bankrupt enterprises are all small and medium-sized enterprises, of which more than 70% are small enterprises with debts of less than 100 million yen (about 4.84 million yuan), mainly involving transportation, construction and catering. According to the analysis of the report, in the face of difficulties such as increased upstream costs and labor costs, many Japanese small and medium-sized enterprises are difficult to pass on the high costs, overwhelmed, and eventually go bankrupt.
According to a report released by the Tokyo Chamber of Commerce and Industry Research Institute last month, the number of bankrupt companies in Japan with debts exceeding 10 million yen (about 480,000 yuan) in 2023 will be 8,690, an increase of 35% from 2022. This agency expects that after April this year, the peak of repayment of preferential loans provided by Japan** for small and medium-sized enterprises during the epidemic is coming, and the number of enterprises with capital turnover difficulties will continue to increase, and the number of bankrupt enterprises in Japan may exceed 10,000 in 2024.
*Please specify CCTV Finance.
Editor: Zhang Yafang.