Japan hit by wave of corporate bankruptcies – data

submitted by GoldenDynasty from self.GoldensFirst

The number of insolvencies has reportedly risen for the first time in three years

Japan recorded its first increase in the number of company bankruptcies in three years in 2022, according to a new survey by Teikoku Databank.

The report showed that a total of 6,376 companies declared bankruptcy in the country last year, which is 6% higher than in 2021. Those companies’ total debt soared almost 104% to 2.37 trillion yen (over $18 billion), but almost half of that came from auto parts supplier Marelli Holdings, which filed for bankruptcy protection in June.

The only industry that did not record an increase in the number of bankruptcies among companies was trade, said the report. Meanwhile, the services sector, which includes hotels, non-governmental organizations, language schools and others, was one of the worst affected. Data showed that 1,600 service companies filed for bankruptcy last year, up 12.4% from 2021.

The region with the largest increase in the number of bankruptcies was Tohoku, up 50% from the previous year.

According to a separate report published by Teikoku Databank last Friday, the number of bankruptcies as a result of rising prices in 2022 increased by 2.3 times compared to the previous year.

Inflation in Japan hit 40-year highs in December due to soaring energy costs. Data from the country’s Ministry of Internal Affairs showed that price growth in Tokyo last month exceeded forecasts and reached 4% for the first time since 1982.

https://www.rt.com/business/569991-japan-corporate-bankruptcies-rise/

all 5 comments
sorted by:
top
newinsightfulfun

[–]GoldenDynasty[S] 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (1 child)

https://www.zerohedge.com/geopolitical/top-marine-general-japan-bluntly-describes-us-setting-theatre-future-china-war

This is what happens when a nation kowtows to the west, already I've been seeing disturbing stats from Japan in all matter of fields, including birthrates, economics, health and demographics. This is all because they aren't caring about their population and would rather spend all that time, money, and energy being a battering ram against another asian nation and destabilizing the entire region. If a golden nation continues to kowtow to people that don't care about them and even openly brag about creating their lands as killing fields, then they may suffer a fate as bad or possibly even worse than asian americhans (because their entire population could end up being enslaved, or incinerated due to cucked decisions from their government, along with damaging the other innocent golden nations they would be forcefully involving).

There was even a study where japanese are now facing a rapidly rising disinterest in sex and libido. Although I have some qualms and doubts about that study, the drop has nothing to do with genetics (goldens have very high testosterone levels and many golden central asian and sea nations have birthrates at maintenance level or higher compared to westoid nations who have ZERO countries that reach those levels and rely on mass immigration to cope, as well as having higher and more violent incel rates than asia) , but the big factor is Japanese are being forced to work grueling hours, have little free time, and get little pay due to constantly rising COL (which is entirely the fault of the japanese cuckernment, for severing their own natural gas and resource lines, not pressuring companies to increase their wlf balance and timeoff, being in constant trade deficits against China, losing in technology and innovation due to lack of care and even selling their trade secrets to america, all for the sake of being a tool for the US to do their imperialism in Asia).

[–]GoldenDynasty[S] 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (0 children)

This is why I say some east asians could learn a thing or two from SEAs and Central asians, stop looking down on SEAs and learn how to have fun, relax and enjoy life like them. Many SEA and golden Central Asians nations are also pretty wise about the US's plans on trying to use them as killing fields like in Ukraine, which is why they try to stay out of the increasing escalating tensions between the us and china, or try to play some sort of balancing act

[–]TwerKing 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (1 child)

They either fall with the west or return with majestic glory standing beside golden southeast asia, east asia, and central asia.

Maybe the only hope left for japan would be japanese zoomers take over, when too many of the sellout japanese boomers, sell out japanese gen xers, and sell out japanese millennials working in the japanese cuckerment finally die off, although it's probably too late by the time that happens. Sucks for them. If that happens, all I want to say is "It was nice knowing you japan but you fucked up. Bye." I feel sorry for the patriotic japanese that truly does care about the well being of their nation and their golden neighbors outside japan. During this golden twenty first century, I wouldn't be surprised at some point to witness a large exodus of based pan-asian japanese people to immigrate in other golden countries and intermarry with the natives even more than ever.

[–]GoldenDynasty[S] 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (0 children)

I didnt want to say this but at this rate it might be just better if China takes over Japan or at least parts of it, for their own good at this rate, and the same with Taiwan. Whats the point of working 100+ hours a week with no freetime or energy or anything for a cuckernment that wants to use all your tax money and income to make you a cannon fodder against other asians as well as trying to pozz your society with xm multiculturalism and 'cultural imports'