Tag - bankruptcy

 
 

BANKRUPTCY

BUSINESS / Companies
Nov 9, 2022
‘Grave of the Fireflies’ candy-maker goes bust as costs soar
The Tokyo-based company will end operations on Jan. 20, attributing the closure to rising raw material and energy prices as well as staff-hiring challenges.
Japan Times
BUSINESS
Oct 5, 2022
Ruling LDP looks to continue aid to struggling Japan firms as pandemic loans end
The party will draw up new support proposals for firms at risk of default, aiming to reflect them in the government's economic package that will be put together by the end of the month.
BUSINESS / Companies
Jun 26, 2022
Japanese auto supplier Marelli files for court-led rehabilitation
Marelli had tried to turn itself around under an out-of-court settlement procedure called alternative dispute resolution, but the attempt ended in failure.
Japan Times
ASIA PACIFIC
Apr 28, 2022
A powerful dynasty bankrupted Sri Lanka in just 30 months
In recent weeks Sri Lanka has run out of cash to pay for essential goods like food and fuel, leading to long petrol lines and daily 13-hour power cuts.
Japan Times
BUSINESS
Jan 28, 2022
Fewest bankruptcies since 1966 raise fears of Japan 'zombie' firms
Japan has a long history of easy credit that's been blamed for keeping 'zombie” firms alive, which 'bring down the potential growth rate and can even sap the impact of monetary easing.”
BUSINESS / Longform
Sep 20, 2021
Kyoto is facing bankruptcy. What happens now?
Massive budget cuts have been proposed to stem the losses now that international tourism to the city has all but dried up.
Japan Times
BUSINESS
Aug 11, 2021
Kyoto's reconstruction plan calls for big spending cuts
Kyoto faces a financial shortfall of nearly u00a5280 billion over the next five years, and now day care centers, transport subsidies and the bureaucracy are on the chopping block.
Japan Times
BUSINESS / View from Osaka
Jul 2, 2021
Amid overspending, Kyoto stares down threat of bankruptcy
Some might attribute the city's financial woes to COVID-19's impact on tourism, but the mayor puts the lion's share of the blame elsewhere.
Japan Times
BUSINESS / Companies
Apr 1, 2021
How Masayoshi Son’s ‘money guy’ Lex Greensill went from hero to zero
Greensill Capital was a key part of what Son dubbed his 'Cluster of No. 1's” strategy, taking noncontrolling stakes in the world's leading tech companies and encouraging them to cooperate.
Japan Times
JAPAN
Jan 7, 2021
Kitchen equipment piles up as pandemic shutters Japan's restaurants
With businesses closing, recycling shops are buying up equipment to repair, clean and resell.
Japan Times
BUSINESS / Companies
Nov 2, 2020
These are the airlines teetering on the brink of COVID-19 ruin
Having a home government with deep — and open — pockets is emerging as key in terms of whether an airline will make it through the coronavirus pandemic.
Japan Times
JAPAN / Media / BIG IN JAPAN
Sep 26, 2020
Telltale signs that a business in Japan may be teetering on the edge of financial ruin
One reliable way to discern if the corporate ship is listing severely is to scrutinize the behavior of its president.
Japan Times
BUSINESS / Companies
Aug 11, 2020
Bankruptcies in Japan edge down in July despite COVID-19
The data suggests that government measures may be helping keep businesses afloat amid the pandemic.

Longform

The sun shines from behind a waving Philippine flag at the Manila American Cemetery and Memorial.
Eighty years after the Battle of Manila, old foes forge new ties