1,000 Japanese companies go bust due to coronavirus pandemic

85,000 jobs lost with restaurant sector taking the brunt

20210202N Ginza

Traffic in Tokyo's ritzy Ginza district has plunged under the state of emergency.

SOICHI INAI, Nikkei staff writer

TOKYO -- One thousand companies have gone bankrupt in Japan due to the impact of the coronavirus epidemic as shorter hours and sheltering habits have overwhelmed vulnerable industries, hitting restaurants particularly hard.

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