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Japan’s Business Failures in October 2022

Corporate bankruptcies up 82 from the same month of last year
Expected to reach 6,200 to 6,300 in 2022, the first increase in 3 years
There were 594 bankruptcies, marking the sixth consecutive month of year-on-year increase.
Total liabilities came to 80,626 million yen. This marked the first year-on-year decrease in five months, since May 2022.

Bankruptcies 594
Year-to-Year basis +16.0%
Last Year same month 512
Liabilities 80,626 million yen
Year-to-Year basis ▲16.6%
Last Year same month 96,727 million yen

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