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Japan’s Business Failures in 1st Half Year 2022

(Released by TEIKOKU DATABANK, LTD.)


Rate of decrease is drastically reduced, tide changes to an increase in bankruptcies Corporate bankruptcies shift from a declining trend in the first half of the COVID-19 pandemic to a flat zone.
Shift from a declining trend in the first half of the COVID-19 pandemic to a flat zone.

Number of bankruptcies came to 3,045, down for the fifth consecutive year as a figure for the first half of the year.
Total liabilities were 1,763,083 million yen, exceeding 1 trillion yen for the first time in five years since 2017.

Bankruptcies 3,045
Year-on-Year basis ▲1.2%
Jan to Jun 2021 3,083
Liabilities 1,763,083 million yen
Year-on-Year basis +180.7%
Jan to Jun 2021 628,076 million yen

There were 3,045 bankruptcies, in the first half of 2022 (3,083 in the same period of the previous year), a decrease of 1.2% compared with the same period of the previous year. Although bankruptcies fell for the fifth consecutive year as a figure for the first half of the year, the rate of decrease dropped significantly year-on-year (down 21.8%). Total liabilities were up significantly to 1,763,083 million yen (628,076 million yen in the same period of the previous year, up 180.7%), partly due to the legal restructuring of Marelli Holdings Co., Ltd. (Saitama Prefecture, Civil Rehabilitation, June). This marked the first time in five years since the bankruptcy of Takata Corporation (first half of 2017) that liabilities exceeded 1 trillion yen in the first half of the year.

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