The number of insolvencies has reportedly risen for the first time in three years Japan recorded its first increase in the number of company bankruptcies in three years in 2022, according to a new survey by Teikoku Databank. The report showed that a total of 6,376 companies declared bankruptcy in the country last year, which is 6% higher than in 2021. Those companies’ total debt soared almost 104% to 2.37 trillion yen (over $18 billion), but almost half of that came from auto parts supplier Marelli Holdings, which filed for bankruptcy protection in June. The only industry that did not record an increase in the num
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