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July 24, 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 Japan¡¯s 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 Japan¡¯s 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.
51³Ô¹ÏÍø
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.
51³Ô¹ÏÍø / Science & Health
May 4, 2026
Bankruptcies among Japan¡¯s 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
Japan¡¯s 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.
51³Ô¹ÏÍø
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 Japan¡¯s 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 Japan¡¯s 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.
Japan scientists identify clusters of protein believed to trigger Alzheimer¡¯s disease
A team of researchers said they found a ¡°seed¡± that accelerates the amyloid beta accumulation process in the brain, naming it ¡°Peak 1 amyloid beta,¡± as seen in a mouse's brain.
Indian brothers make manga debut in Japan
Two Indian brothers made their manga debut in Japan with "Kung Fu Kung Fool" ¡ª an action-comedy series that follows the adventures of a notorious thief and a young boy.
Japan weighs regulating Pokemon cards amid trading mania
A Pokemon event is held in Jakarta on July 11
Low-income families in Japan cut food and air conditioning during summer break
Yumiko Watanabe, the chairperson of nonprofit Kidsdoor, explains the results of a survey in Tokyo's Chiyoda Ward on July 1.
Iran strikes on CIA facilities prompt questions about possible Russian role
Iranian drones are displayed in an undisclosed location in Iran, in this handout image obtained on Jan. 13, 2025.U.S. officials have acknowledged that Russia has ?provided targeting ?and other support for Iran in its drone strikes on U.S. targets in the Persian Gulf region.
The sci-fi sensibilities of electronic trio Black Boboi
Black Boboi was formed in 2018 when solo artists Julia Shortreed, Utena Kobayashi and Ermhoi came together under Kobayashi¡¯s newly founded label, Bindividual.
A perfect storm: Kaze Fujii fans flock to Fuji Rock
Okayama-born singer-songwriter Kaze Fujii has carved out a distinctive place in Japanese pop since his major-label debut in 2019.
Can Japanese comedy get laughs in English? Yoshimoto Kogyo lets the jokes rip
Wes-P has millions of followers and his viral clips made him recognizable out of Japan.
The 180-day locals: Life on Japan¡¯s digital nomad visa
Christopher Flinn works remotely from Tokyo earlier this month. Japan issued 646 digital nomad visas in 2025, but tourism officials are hoping to increase that figure in the coming years, with Japan's relatively cheap cost of living and the weak yen seen as potential draws for young professionals.
Japan reveals hint of new defense spending target in fiscal blueprint
The Self-Defense Forces' Type 16 mobile combat vehicle fires during a joint live-fire drill with U.S. Marines as part of the annual Resolute Dragon exercises in Yufu, Oita Prefecture, on June 28.

Podcast

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

Longform

For many people, utility poles and power lines have become such a familiar part of Japan¡¯s landscape that they often go unnoticed.
Why Japan¡¯s utility poles won¡¯t be disappearing anytime soon
By Alex K.T. Martin

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