Corporate bankruptcies in Kitakyushu and Chikuho reached 80 cases from April to September—the highest in a decade—according to Tokyo Shoko Research. Total liabilities stood at ¥8.4 billion, with small bankruptcies under ¥100 million making up 75%. Rising logistics and labor costs, along with material price hikes from extreme weather, were cited as key causes. Analysts warn that auto-related small firms could face more closures next year. Source: KBC
Photo from Kitakyushu City official photo gallery
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