Japan: 900 Companies went Bankrupt due to the Effects of the New Coronavirus

It was found that the total number of companies that went bankrupt due to the effects of the new coronavirus reached 900.

According to the credit bureau Teikoku Databank, companies that went bankrupt due to the effects of the new coronavirus and companies that stopped their business and started preparing for legal restructuring include individual businesses. From February last year to noon on the 18th, there were a total of 900 companies.

By industry
“Restaurant” is the most with 141 companies,
72 companies each for “hotels / inns” and “construction / construction businesses”
There are 54 “apparel retailers”.

222 companies in Tokyo,
83 companies in Osaka prefecture,
There are 49 companies in Kanagawa prefecture.

The total number of bankruptcies in the last year was the lowest level in 20 years, but after the beginning of the year, a second state of emergency was declared, and corporate management was requested to refrain from going out unnecessarily and to shorten business hours. The environment is becoming more difficult.

Yuya Akama, general manager of the Teikoku Databank Tokyo branch, said, “If the decline in consumption continues for a long time, such as a prolonged state of emergency, it will have an impact on related industries such as restaurants in metropolitan areas and food suppliers. I’m worried. “