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August 11, 2026
 

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BANKRUPTCY

Kabukicho entertainment district in Tokyo
BUSINESS / Companies
Jul 14, 2026
Cash is king again at Tokyo¡¯s bars after credit processor fails
Though the impact of Zentoshin¡¯s sudden bankruptcy is limited, it¡¯s a setback for Japan, which only recently shed its notorious cash-only image.
The financial failure of Osaka-based Zentoshin has left 63 creditors with claims totaling ?115.16 billion, according to Tokyo Shoko Research.
BUSINESS / Companies
Jul 10, 2026
Lenders seek $700 million after Japanese payments firm¡¯s collapse
The financial failure of Osaka-based Zentoshin has left 63 creditors with claims totaling ?115.16 billion.
Zentoshin served around 200,000 shops, many of which rely on early payments to maintain cash flow, raising concerns over their financial stability following the disruption.
BUSINESS / Companies
Jul 8, 2026
Japanese payment processor¡¯s collapse hits banks and restaurants
Zentoshin, an Osaka-based credit card payment processor, filed for bankruptcy on Monday.
Zentoshin had liabilities of about ?125,929 million, making its bankruptcy Japan's biggest of the year, Teikoku Databank said Monday.
BUSINESS / Companies
Jul 7, 2026
Credit card payment processor Zentoshin gets nod to begin bankruptcy proceedings
The company provided a service that paid sales proceeds to credit card merchants before they received payments from credit card companies.
Increasing bankruptcies in Japan suggest the smaller firms that employ most of Â鶹´«Ã½ workers are finding it difficult to withstand the yen¡¯s prolonged weakness.
BUSINESS / Economy
Jul 2, 2026
First-half bankruptcies reach highest level since 2022 as weak yen takes toll
Data suggests smaller firms that employ most of Â鶹´«Ã½ workers are finding it increasingly difficult to withstand the currency¡¯s prolonged weakness.
Internal affairs minister Yoshimasa Hayashi (center) speaks during a meeting with Hokkaido Gov. Naomichi Suzuki (left) and Yubari Mayor Tsukasa Atsuya (right) in Yubari, Hokkaido, on Saturday.
JAPAN
Jun 21, 2026
Bankruptcy-induced salary cuts for Yubari city workers to end
The announcement was made on the 20th anniversary of the city¡¯s declaration of financial collapse.
The surge in bankruptcies among medical and nursing care operators is mostly attributed to staff shortages and rising costs.
JAPAN / Science & Health
May 4, 2026
Bankruptcies among Â鶹´«Ã½ medical and nursing care providers surge
A total of 478 bankruptcies were recorded in fiscal 2025, the highest level since 1988.
The number of business failures in the service sector, including restaurants, increased 5.5% to 3,585 in fiscal 2025, a record high.
BUSINESS / Companies
Apr 8, 2026
Japan business failures hit 12-year high in fiscal 2025
The figure reached 10,505, up for the fourth straight year, reflecting a rise in failures among small companies.
Japan is seeing a rise in bankruptcies involving liabilities of at least ?10 million, driven by sluggish sales and labor shortages.
BUSINESS / Companies
Mar 9, 2026
Japan bankruptcies reach 13-year high in February
The figure marked a year-on-year rise of 11.3% and the third consecutive monthly increase.
Five of 10 industries surveyed saw year-on-year rises in business failures, including the services, retail, wholesale and transportation sectors.
BUSINESS / Companies
Feb 10, 2026
Japan business bankruptcies hit 13-year high in January
The figure rose 5.5% from a year earlier, marking an increase for the second straight month, driven by growth in bankruptcies caused by sluggish sales.
The number of business failures with liabilities of ?10 million or more grew 2.9% from the previous year to 10,300 in 2025, rising for the fourth consecutive year, according to Tokyo Shoko Research.
BUSINESS / Companies
Jan 13, 2026
Business failures in Japan top 10,000 for second year amid rising costs
The number of failures related to labor shortages, such as soaring labor costs, surged 35.9% to 397, the highest level since statistics began in 2013.
In September alone, the number of corporate bankruptcies in Japan rose 8.1% from a year earlier to 873.
BUSINESS
Oct 8, 2025
Â鶹´«Ã½ April-September business failures hit 12-year high
In the first half of fiscal 2025, business failures rose 1.5% from a year earlier to 5,172, up for the fourth consecutive year.
The ministry of labor has suggested a 6% minimum wage increase, but most prefectures reporting so far are opting to go slightly higher.
BUSINESS / Economy
Aug 25, 2025
Japanese prefectures break with labor ministry on minimum wage
Many prefectures are choosing increases higher than the 6% suggested by the ministry.
AI developer Alt, which recently disclosed accounting irregularities, has filed for bankruptcy protection under the civil rehabilitation law at the Tokyo District Court.
JAPAN
Jul 31, 2025
Japanese AI developer Alt goes bust after accounting fraud
Suspicions of accounting fraud surfaced at the company in April this year.
Bentos are popular with a wide range of people in Japan for convenience and price.
BUSINESS / Companies
Jun 24, 2025
Bento shop bankruptcies could hit a record in 2025
Inflation, weak economic growth and work-at-home arrangements are leading to a decline in sales, lower profits and losses.
Many curry shops are going bankrupt in Japan as prices of mainstay ingredients have gone up due to a rice shortage, adverse weather and a weak yen.
BUSINESS / Companies
Jun 6, 2025
Soaring rice prices take a bite out of Â鶹´«Ã½ beloved curry shops
A total of 13 shops with more than ?10 million in debt filed for bankruptcy in the year ended March ¡ª a record high for a second consecutive year.
The number of "zombie companies" in Japan, which do not make enough to cover their interest payments, was estimated to have grown some 228,000 in fiscal 2023, one of the highest in a decade.
BUSINESS / Economy / FOCUS
Jun 3, 2025
¡®Zombie company¡¯ apocalypse might be the point of Â鶹´«Ã½ minimum wage push
Government efforts to accelerate the pace of pay increases could lead to poorly performing companies going out of business.
Kimihiro Matsuzaki prepares dishes at his half-century-old restaurant, Yanagi, in Iwaki, Fukushima Prefecture.
BUSINESS / Companies / Regional Voices: Fukushima
Jun 2, 2025
Profitable Fukushima companies closing due to lack of successors
According to Teikoku Databank, more than a third of the companies that went out of business in the prefecture in 2024 were in the black.
A Musee Platinum hair removal salon in the city of Saitama on Monday
BUSINESS / Companies
May 19, 2025
Hair removal chain Musee Platinum owes ?1.5 billion, say former staff
More than 2,000 former employees of the company went unpaid between January and April.
The number of business failures due to labor shortages grew to 36 from 25 a year before, while the number of bankruptcies because of inflation remained high, at 56, against 60.
BUSINESS
May 12, 2025
Japan business failures hit 11-year high for April
More failures were seen mainly among smaller companies with weak business bases as their revenue was squeezed by rising prices and higher labor costs.
America¡¯s cyberforces grapple with cluster of deaths by suicide
The U.S. Cyber Command building (center) stands on the National Security Agency campus at Fort Meade, Maryland.
Many Indonesians named after Japanese anime characters
Some people in Indonesia are named Doraemon, the name of a lead character of the blockbuster anime series with the same title.
Yasukuni Shrine introduces ban on military attire and cosplay
People gather in front of thousands of lanterns on display at Yasukuni Shrine in Tokyo on July 15 during the Mitama Matsuri, one of the capital's largest summer o-Bon festivals.
As countries ban social media for children, Japan mulls a different approach
Data from NTT Docomo¡¯s Mobile Society Research Institute released in June found that 55% of respondents across all age groups said they fiddled with their phones when they had nothing to do, even when another person was in front of them.
¡®Total whiplash¡¯: Foreign residents react to Â鶹´«Ã½ changing permanent residency rules
The entrance to the Tokyo Immigration Bureau in Minato Ward, Tokyo, in March. For some foreign residents of Japan, tightening measures for permanent residency have become one factor in a broader calculation over whether remaining in the country makes financial sense over the long term.
As Â鶹´«Ã½ concrete jungles sizzle, urban forestry offers an all-natural fix
People and birds find relief from the sun in Tokyo's Nakano Ward earlier this month. While experts agree that urban greening is crucial to mitigating the impact of climate change, trees are becoming even more scarce in Japanese cities.
Â鶹´«Ã½ brewers experiment with a secret ingredient: music
At Smoke Craft, a craft beer brewery in Tokorozawa, Saitama Prefecture, music isn't just a background to the brewing process ¡ª it's an ingredient.
As countries ban social media for children, Japan mulls a different approach
Data from NTT Docomo¡¯s Mobile Society Research Institute released in June found that 55% of respondents across all age groups said they fiddled with their phones when they had nothing to do, even when another person was in front of them.
J. League enters new era as league kicks off first fall-spring campaign
Players from each J. League club pose during a kickoff event on Monday ahead of the start of the 2026-27 campaign.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo¡¯s Shinjuku Ward.
Kabukicho: Tokyo¡¯s ¡®stadium of desire¡¯

Longform

Disaster relief workers Taichi Kato (left) and Seiji Yoshimura enter the collapsed living quarters at Kyuganji temple in Yatsushiro, Kumamoto Prefecture.
What Kumamoto revealed about Â鶹´«Ã½ earthquake readiness
By Alex K.T. Martin

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