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Japan’s Business Failures in August 2022

Increasing trend in corporate bankruptcies continues for the first time during the COVID-19 pandemic
Gradual increase toward the end of the year, partly due to the impact of high prices of commodities and a weak yen
There were 493 bankruptcies, marking the fourth consecutive month of year-on-year increase.
Liabilities totaled 105,906 million yen, exceeding 100 billion yen for August for the first time in four years.

Bankruptcies 493
Year-to-Year basis +9.8%
Last Year same month 449
Liabilities 105,906 million yen
Year-to-Year basis +11.9%
Last Year same month 94,621 million yen

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