Japan bankruptcies top 10,000 in 2024 on labour shortage, weak yen

Quick Summary:

TOKYO — The number of corporate bankruptcies in Japan exceeded 10,000 for the first time in 11 years in 2024 as businesses faced a worsening labour shortage and higher prices of imported supplies due to the yen's depreciation, a survey by a credit research company showed Tuesday.

Pedestrians cross an intersection in the Shibuya district of Tokyo, Japan, on May 2, 2024.

The construction sector, one of the industries hit hardest by the work hour reform, followed with 1,924 cases, up 13.6%.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: ThailandJapanUnited States

Topics: Tokyo Year Research Bankruptcies Cases Labour Businesses 2024 Japan Construction Number

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 13:38:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 373 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 25147908

View Article Analysis

About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 20 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 1 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

Frequently Asked Questions