With nearly 500 companies going bankrupt in Japan, which region has the most bankrupt companies?

Companies in Tokyo had the highest number of bankruptcies, with 122 companies going bankrupt.

1. Why do companies fail the most in Tokyo?

Most of the companies that have closed down in Tokyo are restaurant companies.

Because after the arrival of the new crown epidemic, a large number of people are isolated at home and rarely go out to consume.

The catering industry is generally opened in the business district with the largest number of people, and the rent in the business district is particularly expensive.

During the epidemic, people did not go out to consume, but the rent of stores and employee wages in the business district had to be spent in the same way.

In this situation, the new crown epidemic still has no signs of ending, so these catering companies can only choose to go bankrupt and close. 、

2. Why are most of the catering companies concentrated in Tokyo?

This has to do with the composition of Japanese society.

Today, Japan has entered a highly aging society.

A large number of young people live and work in Tokyo, and almost only the elderly are left in Japan's second- and third-tier cities.

In the long run, Tokyo's business districts will be dominated by things that young people like, such as food and entertainment.

In second- and third-tier cities, the basic facilities are for the elderly. Because older people have more time to cook at home, there are not as many restaurant companies in second- and third-tier cities as in Tokyo.

This has led to the fact that in this epidemic, Tokyo, Japan, has the largest number of companies that have closed down.

3. In addition to the restaurant industry, the hotel and clothing industries in Japan have the most companies that have failed

Due to the impact of the new crown epidemic, people who originally planned to travel can only be forced to quarantine at home.

This has also led to heavy losses in the hotel industry, with many companies going out of business.

And the impact of the new crown epidemic on the apparel industry is also very large.

This is because Japan is a country that pays great attention to the image of the workplace.

Japanese girls teach themselves makeup when they enter middle school, and they "never leave the house without makeup."

They are so image-conscious, and they are also very picky about the choice of clothing.

But after the pandemic, most workers were forced to work from home, so they didn't have to go out, and they didn't have to wear makeup or worry about buying new clothes.

As a result, both the apparel and cosmetics companies in Japan have suffered.

The Tokyo region of Japan has the largest number of bankrupt companies, because Tokyo has been most severely disrupted by the epidemic, and many companies have gone bankrupt because of the impact of the epidemic.

Tokyo is the most developed area with a high concentration of companies, and the number of bankruptcies is also high. Among these bankrupt companies, the restaurant industry is the most bankrupt.

Affected by the epidemic. From February to September 7 this year, 495 companies in Japan declared bankruptcy, with the restaurant industry being the most affected, with 69 companies failing. This is followed by the hospitality and apparel industries.

Geographically, the Tokyo area suffered the most, with 122 companies going bankrupt, and Tokyo, as the capital of Japan, has the highest volume density and a thriving economy, because of the inappropriate response to the epidemic, which has caused companies in the Tokyo area to be greatly impacted.

Tokyo has the largest number of bankrupt companies, and the pandemic has had a profound impact on the Japanese economy, with nearly 500 companies going bankrupt.

Affected by the new coronavirus pandemic, from the end of February to September 8 this year, a total of 500 companies in Japan have filed for bankruptcy. According to the aggregate data of the regions of companies that have filed for bankruptcy, Tokyo has the largest number of companies that have filed for bankruptcy, reaching 123; followed by Osaka Prefecture with 54; Hokkaido ranked third with 25. A total of 45 companies in Japan's 47 prefectures have filed for bankruptcy.

Legal Analysis: If the company goes bankrupt, the employee can receive economic compensation. Compensation shall be paid to the employee according to the number of years the employee has worked in the employer, and the employee shall be paid one month's salary for each full year.

where it is more than six months but less than one year, it is calculated as one year; If it is less than six months, the worker shall be paid half of the monthly wage.

Legal basis: Labor Contract Law of the People's Republic of China Article 47 Economic compensation shall be paid to the worker according to the number of years of service in the employer and one month's salary for each full year. where it is more than six months but less than one year, it is calculated as one year; If it is less than six months, the worker shall be paid half a month's salary.

If the monthly wage of a worker is three times higher than the average monthly wage of a worker in the previous year as announced by the people of the municipality directly under the Central Government or the city divided into districts where the employer is located, the standard of severance shall be paid to him at the rate of three times the average monthly wage of the employee, and the maximum number of years for which severance shall be paid shall not exceed 12 fission base years. The term "monthly wage" mentioned in this article refers to the average salary of an employee in the 12 months prior to the termination or dissolution of the labor contract.

In Japan, the term "bankruptcy of an individual due to the bankruptcy of a company" is called "bankruptcy of a natural person" in Japanese.

The Japanese word for "personal bankruptcy" is different from "bankruptcy of a natural person".

"Personal bankruptcy" is not only "bankruptcy of natural persons", but also "bankruptcy of consumers" and "bankruptcy of multiple debtors".

In other words, the "personal bankrupt" person is burdened with multiple debts and is unable to pay themA bankruptcy decision made on the application of the debtor itself or a creditor.

When the economy is in a downturn, it is common for companies and individuals to file for bankruptcy in Western countries such as Europe and the United States, and even in Hong Kong. Bankruptcy can avoid some liability, but it is also subject to many limitations. For example, if the bank account is frozen, personal assets will be liquidated except to maintain basic living, and luxury consumption will not be allowed (there is no restriction on friends inviting guests), and future employment and credit application will be restricted.

The most basic starting point for allowing personal bankruptcy is to reduce the involvement of the family and relatives of the person responsible. The artist Wu Qilong, whom we all know, had a failed business and could have filed for bankruptcy, but for the sake of his personal reputation and family reputation, he stubbornly did not file for bankruptcy, at the cost of Wu Qilong's desperate 10 years of money earned for his father to pay off his debts.

Gains and losses cannot be simply seen, and it is difficult for people who file for bankruptcy and do not repay their debts to raise their heads in front of people in a dignified manner. Wu Qilong, who worked hard to repay his debts, was very respected.

The commercial society must also give basic protection to those who fail to operate, and cannot only jump off the building as soon as it fails, that kind of capitalism is all evil, capitalism must also develop, but also harmonious, bankruptcy protection is the progressive performance that Marx's era did not have.

In fact, the people who really benefit from filing for personal bankruptcy are those who delay the transfer of assets without paying back. And some people who do not know that their family members owe money, and avoid debt collection by filing for personal bankruptcy by the debtor. That being said, if you want to recover, there are ...... non-violent and intimidating methodsIt is almost impossible for people who are really in debt to come up with money to benefit from personal bankruptcy, and past debts are forgiven, but future loans and grants and so on are not available to apply, or are subject to restrictions and relief.

Many Japanese college students owe four to five million yen in repayment grants when they graduate, which is enough for personal bankruptcy, but they still have to pay off their debts conscientiously until they are in their thirties and forties, because if they file for bankruptcy, their future work, housing, and other matters that require social credit may be blocked. The person who is the operator files for bankruptcy, and its upstream and downstream enterprises will be affected, and there is no problem with itself, but there are enterprises that are dragged to death by ** merchants or customers.

To put it bluntly, filing for personal bankruptcy is to protect the life safety of the bankrupt family.

According to the survey results of Japan's "Imperial Data Bank", from February last year to March this year, more than 1,100 enterprises in Japan are going through bankruptcy procedures due to the impact of the epidemic.

Japan is under a state of emergency due to the coronavirus pandemic in "one prefecture and three prefectures" (Tokyo, Saitama, Chiba, and Kanagawa). It has been implemented since January 8 this year, but the lifting date has been repeatedly postponed due to epidemic prevention and control, and it has lasted for nearly two and a half months. The epidemic has dealt a devastating blow to the local tourism and catering industries.

Although Japan** has given a certain amount of financial subsidies to restaurants that comply with the prevention and control measures, there are many restaurants that are struggling to survive or even unable to survive on subsidies. As a result, the economy of Yoshimoto suffered a heavy blow. More than 1,100 companies are in the process of applying for bankruptcy.

In summary, it can be found that the biggest crisis behind these enterprises filing for bankruptcy is a precursor:

1. A large number of people cannot afford the high cost of urban life, and slowly move to local areas.

2. The outbreak of the financial crisis caused by the epidemic will eventually rise to the global currency crisis.

3. In the context of an aging population, global economic production has declined sharply. The labor gap is increasing.

4. The epidemic has accelerated the development of distance education, work and life, and many basic service industries such as catering and transportation have been deeply affected.

5. Looking at the world as a whole, the situation between countries and regions has become less optimistic.

6. When the epidemic is raging, the virtual economy is far less reliable than the real economy.

7. Whether it is an enterprise or an individual, the high financial leverage before the epidemic is a bomb of unstable people's livelihood.

This is also a constant reminder for us:

1. Everyone is equal in the face of crisis.

2. Don't overly believe in and cater to the so-called advanced consumption concept.

3. Trust between people will collapse, and whoever is doing things will be more snobbish.

4. Although we don't know when the epidemic will end, everyone should seriously reflect on it to avoid falling into similar disasters in the future.