Wednesday, December 15, 2010

8 the number of bankruptcies, Japan dropped 1% year-on-year

Japan Tokyo Shoko research company 8, published monthly Japan enterprise bankruptcy statistics show that since the Government economic rescue measures play an important role in August the number of bankruptcies throughout Japan as 1241 home after 3 months of the year-over-year decline occurred again, drop 1.0%.

Data show that benefit from enterprise bankruptcy situation stabilized, Japan enterprises current month's total liabilities also year-over-year decrease 67.3-2482 billion yen (about $ 22.8 million). The amount set by this year's monthly new low, and continuous decline in 5 months. In addition, the liability of 10 billion yen above the large 19.4 bankruptcy, only 58%; but the 1 billion yen increase in bankruptcy 10.2% to $ 819. From industry, the manufacturing sector increased in bankruptcy 21.3% construction bankruptcy by the rebound effect of public investment, reducing 17.1%.

However, Tokyo Shoko research company warned that in view of the financial institutions tighten lending and other factors, to small and medium-sized number of insolvent enterprises may appear slow upward trend.

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