Business failures in Japan hit eight-year high in 2023
[ad_1] The number of corporate bankruptcies in Japan in 2023 hit an eight-year high, a survey by Tokyo Shoko Research showed Monday. Business failures rose in all 10 surveyed sectors for the first time in 31 years, due to rising prices, deepening labor shortages and the full-fledged start of repayments of relief loans extended to help companies weather the COVID-19 crisis. Corporate bankruptcies with liabilities of at least ¥10 million […]