{
    "success": true,
    "data": {
        "id": 1737453,
        "msgid": "number-of-corporate-bankruptcies-in-japan-rises-6-6-percent-in-april-1778684025",
        "date": "2026-05-13 18:38:03",
        "title": "Number of Corporate Bankruptcies in Japan Rises 6.6 Percent in April",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "Corporate bankruptcies in Japan with liabilities of at least 10 million yen surged 6.6 percent year-on-year to 883 cases in April, driven primarily by rising costs from inflation, a weakening yen, and supply disruptions due to Middle East conflicts. Failures linked to price increases hit the third-highest level in history at 85 cases, while sectors like construction saw a sharp 21.7 percent rise to 185 cases amid falling housing demand and high interest rates. The research firm warns of worsening business conditions and potential further bankruptcies through the summer if disruptions in the Strait of Hormuz persist.",
        "content": "<p>Tokyo (ANTARA) - The number of corporate bankruptcies with\nliabilities of at least 10 million yen (1 yen = Rp111) in Japan rose 6.6\npercent from the previous year to 883 cases in April, according to a\nsurvey by a credit research firm released on Wednesday (13\/5).<\/p>\n<p>Company failures caused by rising prices reached the third-highest\nlevel in history, with 85 cases, as the weakening yen drives up costs\nfor imported raw materials and energy, according to Tokyo Shoko\nResearch.<\/p>\n<p>In addition to cost increases due to inflation, rising labour costs\nand gradually higher interest rates are eroding corporate profits,\nleading to greater cash flow pressures for more companies, the survey\nrevealed.<\/p>\n<p>Furthermore, supply-side impacts from naphtha shortages and soaring\ncrude oil prices triggered by conflicts in the Middle East are\nheightening concerns.<\/p>\n<p>An official at the research institute stated that the business\nenvironment will become increasingly harsh if disruptions in the Strait\nof Hormuz continue, potentially leading to rising bankruptcies through\nthe summer.<\/p>\n<p>By industry, bankruptcy numbers increased year-on-year in seven\nsectors, including construction, manufacturing, and wholesale trade.<\/p>\n<p>The construction sector recorded a 21.7 percent surge to 185 cases,\nreflecting weakening housing purchase demand partly triggered by soaring\nproperty prices and high housing loan interest rates.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/number-of-corporate-bankruptcies-in-japan-rises-6-6-percent-in-april-1778684025",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}