Corporate bankruptcy increased for the first time in 2 years, remarkable in “Retail” including restaurants, etc. Oct. 8 16:30
However, the number of companies that went bankrupt in the six months from April to last month exceeded the same period of the previous year for the first time in two years against the backdrop of rising labor costs. The increase in the retail industry is conspicuous, and there are concerns about the impact of the consumption tax hike going forward.
According to Teikoku Databank, a private credit research company, the number of companies that were legally organized with debts of more than 10 million yen in the first half of this year from April to last month was the same as last year. 4% more than the period.
It is the first time in two years that the same period of the previous year has been exceeded.
The largest company in the first half of the year was a trading company “Shanghai Kokusai” in Tokyo that applied for the application of the Civil Rehabilitation Law with a debt of approximately 20 billion yen.
By industry, “Retail” including restaurants is the largest with 988, followed by “Service” with 960 and “Construction” with 718.
In addition to the increase in labor costs due to labor shortages, mainly in small-scale companies, there are many cases where profits are under pressure due to rising raw material costs and logistics costs. Although it was decreasing, it has been on an increasing trend since two years ago.
According to a credit research company, it is expected that consumers will be more willing to save money by raising the consumption tax rate, and there are concerns about the impact on retail stores with severe business conditions.