Japan's Business Failures in September 2017
(Released by TEIKOKU DATABANK, LTD.)
There were 648 bankruptcies, marking the first year-on-year increase in three months.
Liabilities totaled 104,378 million yen, the first year-on-year increase in three months.
| Bankruptcies |
648 |
| Year-to-Year basis |
＋4.2％ |
| Last Year same month |
622 |
| Month-to-month basis |
▲2.7％ |
| Last month |
666 |
| Liabilities |
104,378 million yen |
| Year-to-Year basis |
＋12.1％ |
| Last Year same month |
93,140 million yen |
| Month-to-month basis |
＋17.6％ |
| Last month |
88,754 million yen |
Highlight and Outstanding Feature
- ■There were 648 bankruptcies, down 2.7% from the previous month, but up 4.2% from the same month of the previous year, and marking the first time in three months that the figure was higher than the same month of the previous year. Liabilities totaled 104,378 million yen, marking an increase of 17.6% over the previous month and a year-on-year increase of 12.1%; this was the first time in three months that there was an increase compared with the same month of the previous year.
- ■By industry, the number of bankruptcies increased year-on-year in five of seven industries. Of these, the service industry (161 bankruptcies, up 14.2% compared with the same period of the previous year) saw an increase compared with the same month of the previous year for two consecutive months. Meanwhile, there was a year-on-year increase in the manufacturing industry (84, up 16.7%) and the real estate industry (25, up 13.6%) for the first time in three months. On the other hand, the two industries of the retail industry (125 bankruptcies, down 11.3% year-on-year) and the wholesale industry (88 bankruptcies, down 3.3%) saw year-on-year decreases.
- ■In terms of primary cause, recession-induced bankruptcies numbered 527 (up 0.6% year-on-year), marking the first year-on-year increase in four months. They accounted for 81.3% (down 2.9 points year-on-year) of all bankruptcies.
- ■In terms of scale, bankruptcies totaling less than 50 million yen numbered 385 (up 5.5% year-on-year). These made up 59.4% of all bankruptcies, and as ever the trend in which small-scale bankruptcies account for the majority continued. By capitalization, the number of bankruptcies with capital of less than 10 million yen (including self-operated companies) came to 409, accounting for 63.1% of all bankruptcies.
- ■By region, five of nine regions experienced year-on-year increases. Among them, bankruptcies in Kinki increased year-on-year for the fifth consecutive month. On the other hand, the number of bankruptcies in Tohoku fell for the first time in four months while it decreased in Kanto for the second consecutive month year-on-year. In the three main prefectures, the number of bankruptcies in Aichi decreased for the second consecutive month, while it increased in Tokyo for the eighth consecutive month and was up in Osaka for the fifth consecutive month.
- ■The largest amount of liabilities was posted by SHAM (Tokyo, special liquidation) with liabilities of 16,000 million yen.
Bankruptcy Information TOP