{"id":170394,"date":"2025-04-15T16:24:28","date_gmt":"2025-04-15T07:24:28","guid":{"rendered":"https:\/\/www.fukuoka-now.com\/?post_type=news&#038;p=170394&#038;lang=en"},"modified":"2025-04-15T16:24:28","modified_gmt":"2025-04-15T07:24:28","slug":"fukuoka-bankruptcies-hit-24-year-high","status":"publish","type":"news","link":"https:\/\/www.fukuoka-now.com\/en\/news\/fukuoka-bankruptcies-hit-24-year-high\/","title":{"rendered":"Fukuoka Bankruptcies Hit 24-Year High In FY2024"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Corporate bankruptcies in Fukuoka Prefecture reached 475 cases in fiscal 2024, a 19% increase over the previous year and the highest total since FY2000, according to Teikoku Databank. The service industry accounted for the most failures with 151 cases, followed by retail (105) and construction (87). Rising raw material costs and labor shortages\u2014exacerbated by new overtime regulations known as the \u201c2024 Problem\u201d\u2014were key factors. Analysts warn that insolvencies may continue to rise unless pricing flexibility improves for small and mid-sized firms.<\/span><b> Source: <\/b><a href=\"https:\/\/www3.nhk.or.jp\/fukuoka-news\/20250414\/5010027824.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">NHK<\/span><\/a><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-170397\" src=\"https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2025\/04\/fnn_nakasu-spring-clowdy_2025_WEB.jpg?resize=1400%2C1050&#038;ssl=1\" alt=\"\" width=\"1400\" height=\"1050\" srcset=\"https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2025\/04\/fnn_nakasu-spring-clowdy_2025_WEB.jpg?w=1400&amp;ssl=1 1400w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2025\/04\/fnn_nakasu-spring-clowdy_2025_WEB.jpg?resize=300%2C225&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2025\/04\/fnn_nakasu-spring-clowdy_2025_WEB.jpg?resize=1024%2C768&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2025\/04\/fnn_nakasu-spring-clowdy_2025_WEB.jpg?resize=768%2C576&amp;ssl=1 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Stay informed with the latest Fukuoka &amp; Kyushu news and events in English. Sign up for our <\/span><a href=\"https:\/\/www.fukuoka-now.com\/en\/mailmagazine\/\"><span style=\"font-weight: 400;\">free weekly newsletter <\/span><\/a><span style=\"font-weight: 400;\">today and never miss a beat. Opt out anytime, your privacy is our priority. Get the inside scoop with <\/span><a href=\"https:\/\/www.fukuoka-now.com\/en\/mailmagazine\/\"><span style=\"font-weight: 400;\">The Now<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Summaries based on public content, errors may occur during translation. Images credited independently. Send feedback using <\/span><a href=\"https:\/\/www.fukuoka-now.com\/en\/contact\/\"><span style=\"font-weight: 400;\">this <\/span><b>form<\/b><span style=\"font-weight: 400;\">.<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Corporate bankruptcies in Fukuoka Prefecture reached 475 cases in fiscal 2024, a 19% increase over&#8230;<\/p>\n","protected":false},"author":29305,"featured_media":170398,"comment_status":"closed","ping_status":"closed","template":"","tags":[],"class_list":["post-170394","news","type-news","status-publish","has-post-thumbnail","hentry","location-fukuoka-prefecture","news-category-business","en-US"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news\/170394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/users\/29305"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/comments?post=170394"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media\/170398"}],"wp:attachment":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media?parent=170394"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/tags?post=170394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}