Teikoku Databank Explains: 2025 Bankruptcies Exceed 10,000 for Second Consecutive Year – Soaring Prices and Labor Shortages Directly Hit SMEs
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Teikoku Databank announced that corporate bankruptcies in FY2025 surpassed 10,000 for the second consecutive year, with rising prices and labor shortages severely impacting small and medium-sized enterprises. While total liabilities decreased, bankruptcies among micro and small businesses reached a record high.