Last month's corporate bankruptcy 647 cases Concerned about an increase in the decrease for the third consecutive month November 10, 15:06

Last month, the number of companies that went bankrupt nationwide was 647, down for the third straight month compared to the same month last year.

Credit bureaus analyze that while the number of bankruptcies has been suppressed by support measures such as virtually interest-free and unsecured loans, there is a risk that they will start to increase in the future.

According to Teikoku Databank, a private credit bureau, the number of companies that had debts of 10 million yen or more and took legal restructuring procedures last month was 647, a decrease of 17.6% from the same month last year. It was.



The number of cases in October was the second lowest since 2000, when the Civil Rehabilitation Law came into effect, and the total debt was 66,948 million yen, the lowest ever.



The research company analyzes that cash flow support measures such as virtually interest-free and unsecured loans that received the new coronavirus led to a decrease in the number of bankruptcies.



On the other hand, the total number of companies that went bankrupt due to the effects of the new coronavirus has reached 693 from February to 2:00 pm on the 10th.



According to Teikoku Databank, "If the current support measures are cut off, bankruptcy may start to increase in the future."