The Fukuoka branch of Tokyo Shokoh Research reports that corporate bankruptcies with at least 10 million yen in liabilities in the Kyushu – Okinawa Prefecture region in the first half of FY 2011 rose 7.6% from the previous year to 461. The total amount of liabilities soared 85.1% to 143.316 billion yen. This was the first increase in both categories in three years. One factor cited for the increase was the 32 bankruptcies attributed to the Tohoku earthquake and tsunami.
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- First Increase in Regional Bankruptcy in Three Years
First Increase in Regional Bankruptcy in Three Years
- Published: Oct 13, 2011 / Last Updated: Oct 13, 2011
