Japan's corporate bankruptcy last year, total liabilities increased by 3.3%

Source: Internet
Author: User
Keywords Last year corporate bankruptcy
Tags agency company compared financial financing listed listed companies research
A total of 13,321 companies went bankrupt in 2010, including 10 listed companies, with a total liabilities of about 7.161 trillion trillion yen, according to a 13th survey by the Tokyo Commercial and Industrial research company, a Japanese private investigation agency. This statistic does not include a bankruptcy in which liabilities are below 10 million yen.  Compared with 2009, Japan's corporate bankruptcy was reduced by 13.9% in 2010, but its total liabilities increased by 3.3%. The Tokyo commercial and industrial Company believes that the Japanese government's "SME Financing Act", "boom corresponding to the emergency guarantee system" and other financial assistance measures are one of the main reasons for the decline in corporate bankruptcy in 2010, but JAL, Japan's revitalization of the Bank, Fuji and other large enterprise bankruptcy cases, so that the total amount of debt does not fall back. In terms of industry, the bankruptcy cases of agricultural and forestry fishery and mining enterprises increased by 20.7% in 2010 compared with the previous year, while other major industries such as real estate, financial insurance and wholesale and retail business were significantly reduced.
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