Japan bankruptcies surge to 11-year high amid economic uncertainty

Bankruptcy filings in Japan reached a concerning 11-year high in fiscal 2024, totaling 10,144, according to a report released Tuesday by credit research firm Tokyo Shoko Research (TSR). The surge in bankruptcies comes amid growing uncertainty surrounding the Bank of Japan’s (BOJ) interest rate hike schedule, adding to the economic pressures facing Japanese businesses. The […]