Japan's COVID-induced business failures up 49% in August

Restaurant and bars have been hit hardest by state of emergency

20210909 Shimbashi

Tokyo Shoko Research found that 1,026 businesses went bankrupt in Japan from January to August due to the COVID-19 pandemic. (Photo by Yuki Kohara) 

RURIKA IMAHASHI, Nikkei staff writer

TOKYO -- Coronavirus-induced business failures in Japan rose 49% in August to 121 from a year earlier amid a fourth wave of COVID infections.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.