Tokyo corporate bankruptcies fall 20% in October to 139
Tokyo Shoko Research announced that Tokyo recorded 139 corporate bankruptcies involving liabilities of at least ¥10 million in October, down 20% from a year earlier. Total liabilities fell 19% to ¥20.822 billion, the second consecutive monthly year-on-year decline. Small bankruptcies dominated, with 111 cases involving liabilities below ¥100 million, accounting for about 80% of the total.