The number of corporate bankruptcies in Japan surged in 2023, topping 8,000 for the first time in four years, as a rise in the price of materials and wage increases hurt corporate earnings, according to a credit research agency.
The number of corporate bankruptcies in Japan surged in 2023, topping 8,000 for the first time in four years, as a rise in the price of materials and wage increases hurt corporate earnings, a credit research agency said Monday. Business failures with debts of at least 10 million yen jumped…