Japan Bankruptcies Top 5000 in H1 for Second Year
# bankruptcy# inflation# small business
Key Points
- Over 5300 corporate bankruptcies in H1
- Second straight year above 5000 in a half year
- High prices cited as key driver
- Weaker small firms hit hardest
Analysis
More than 5300 companies went bankrupt in Japan in the first half, topping 5000 for a second straight year, with high prices a key driver. It is inflation's flip side: firms that can pass on costs survive, those that cannot are culled-hitting weak small businesses first, and complicating the BOJ's rate path.