Last month, 506 companies went bankrupt nationwide, the second lowest in January since 2000.
Credit bureaus say that many companies are seeking additional cash flow support due to the effects of state of emergency, etc., and it is necessary to watch the trends carefully.
According to credit bureau Teikoku Databank, the number of companies that had debts of more than 10 million yen and took legal restructuring procedures last month was 506, a decrease of 29% from the same month last year.
The number of cases in January was the second lowest since 2000, when statistics were first collected in its current form, and by industry, it decreased from the same month last year in almost all industries except the real estate industry.
The total debt was 91,258 million yen, the lowest in January since 2000.
The low number of bankruptcies seems to be due to support measures such as interest-free and unsecured loans supporting cash flow, but Teikoku Databank said, "While the state of emergency has been extended, companies have added additional loans. Many people say that they are considering repayment of loans and borrowings, so it is necessary to watch the future trends carefully. "