TOKYO, Dec. 17 (Xinhua) -- Corporate bankruptcies in Japan rose in November for the 19th consecutive month, according to a recent survey by a credit research company.
A total of 773 Japanese companies began legal liquidation proceedings in November, marking the second consecutive month of year-on-year growth of at least 30 percent, Japan's Teikoku Databank said in its latest online report.
The total number of bankruptcies from January to November came to 7,691, it said.
By industry, the number of bankruptcies increased year-on-year in six of seven industries. The service industry had the largest number with 196, followed by retail with 170 and construction with 141, the data showed.
The bankruptcies came as interest-free loans taken out for pandemic relief started to come due for many firms and the deferment period for the social welfare premium has also ended.
Colton Herta shows speed as Honda fights back in penultimate Indy 500 practice session
Petrobras reports net profit of BRL 124.6 bi in 2023
New Zealand being considered as potential AUKUS Pillar Two partner
Changes to tenancy laws to come into force next year
Shooting injures 2 at Missouri high school graduation ceremony
'Very significant' rise in home insurance premiums revealed
New Zealand being considered as potential AUKUS Pillar Two partner
Chubby Hearts Hong Kong: Gov't gave HK$7.8 million for installation
Hong Kong's Messi mess: A distraction from more important things
Queen Camilla reveals she's seen the first season of Bridgerton
China news: Mystery as Xi Jinping unexpectedly skips key speech