People cross a street on a hot day in the Ginza area of Tokyo on June 14, 2024. - Photo: AFP file
TOKYO: Corporate bankruptcies in Japan surged 22 percent year-on-year to a decade high in the first half of the year due to rising costs, labour shortages and waning financial support, according to a recent survey by a credit research company.
The total number of bankruptcies from January to June came to 4,887, the highest since 2014, Japan's Teikoku Databank said in its latest online report.
