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Japan’s Business Failures during April 2021 to March 2022

The number of bankruptcies in the year fell below 6,000 for the first time in 56 years
The timing at which COVID-19 settles down from now will predict the future of small and medium-sized enterprises
There were 5,916 bankruptcies, the lowest level in 56 years since 1965.
Total liabilities came to 1,182,871 million yen, down for the fourth consecutive year.

Bankruptcies 5,916
From the previous fiscal year ▲19.1%
Previous Year 7,314
Liabilities 1,182,871 million yen
From the previous fiscal year ▲2.8%
Previous Year 1,217,469 million yen

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