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Japanese Bankruptcies Decline in April |
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Asian Economy |
Written by CEP News |
May 12 08 12:23 GMT |
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(CEP News) - According to Tokyo Shoko Research, Japanese bankruptcies totalled 1,215 in April compared to March's 1,347 figure, a 9.79% decline and 8.3% rise from the previous year's figure.
In March, bankruptcies had risen 12.81% month-over-month and 8.01% year-over-year. The ratio of total debts of bankrupt companies rose to 0.718 from the previous month's level of 0.473. By Erik Kevin Franco,
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, edited by Cristina Markham,
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