TOKYO, Dec. 17 (Xinhua) -- Corporate bankruptcies in Japan rose in November for the 19th consecutive month, according to a recent survey by a credit research company.
A total of 773 Japanese companies began legal liquidation proceedings in November, marking the second consecutive month of year-on-year growth of at least 30 percent, Japan's Teikoku Databank said in its latest online report.
The total number of bankruptcies from January to November came to 7,691, it said.
By industry, the number of bankruptcies increased year-on-year in six of seven industries. The service industry had the largest number with 196, followed by retail with 170 and construction with 141, the data showed.
The bankruptcies came as interest-free loans taken out for pandemic relief started to come due for many firms and the deferment period for the social welfare premium has also ended.
Related articles:
Related suggestion:
DEAR JANE: I HATE my boyfriend's awful pet name for mePlane passenger lifts the lid on WILD conspiracy theories surrounding Denver airport'I was afraid for my life' — Orlando Bloom puts himself in peril for new TV seriesOlympic champion Suni Lee back in form after debilitating kidney ailmentOwner of ship in Baltimore bridge collapse asks cargo owners to help cover salvage costsNathan MacKinnon races to career season, looks to power Colorado Avalanche on another title runVictory for free speech in the face of Brussels bullies! Nigel Farage returns to rightNHL has no appetite to expand playoffs beyond its 16House prices fell 0.2% in last year, official figures reportPlane passenger lifts the lid on WILD conspiracy theories surrounding Denver airport
3.6363s , 6501.34375 kb
Copyright © 2024 Powered by Bankruptcies in Japan rise for 19th month ,Culture Corner news portal