TOKYO -- Bankruptcies among Japanese businesses that are over 100 years old jumped 95% on the year to a record high in January-June, according to a report Friday by Teikoku Databank.
Inflation and succession problems deal blow to longtime businesses

Small businesses in Japan are under pressure from rising costs. (Photo by Shotaro Mori)
TOKYO -- Bankruptcies among Japanese businesses that are over 100 years old jumped 95% on the year to a record high in January-June, according to a report Friday by Teikoku Databank.