A severe labor shortage and rising prices are weighing heavily on Japan's nursing care providers, with 81 nursing homes going bankrupt over the past six months, a Tokyo-based research center has said.
This is the highest number recorded for the first half of the year since the nursing care insurance system started in 2000. It also marked a 50% increase from the same period of last year, Tokyo Shoko Research said.
Previously, the highest number of bankruptcies recorded was 58 in 2020 during the COVID-19 pandemic.