TOKYO -- High prices are starting to put pressure on small and midsize businesses in Japan, forcing a record number of them into bankruptcy as the country lags behind the West in passing along the increased costs to customers.
More 'cost pass-through' needed for sustainable increase in stagnant wages

A aerial shot of Osaka. Inflation-caused bankruptcies are growing in Japan. (Photo by Hiromasa Matsuura)
TOKYO -- High prices are starting to put pressure on small and midsize businesses in Japan, forcing a record number of them into bankruptcy as the country lags behind the West in passing along the increased costs to customers.