The number of corporate bankruptcies in Fukuoka Prefecture reached 239 in the first half of FY2024, marking a 29% increase from the same period last year and the highest level since 2000. The service sector saw the most bankruptcies, followed by retail. Rising material costs, labor shortages, and the end of interest-free loans from COVID-19 support programs have contributed to the surge in failures. Source: Teikoku Data Bank
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