Teikoku Databank: April 2026 Bankruptcies Rise for 5th Month, Record High for Inflation

On May 25, 2026, Teikoku Databank released an analysis video on nationwide corporate bankruptcies for April 2026. The number of bankruptcies reached 899 cases, an 8.8% increase from the previous year, marking the fifth consecutive month of year-on-year growth. Total liabilities were 112.137 billion yen, up 11.5%, increasing for the second straight month. While no mega-bankruptcies exceeding 10 billion yen occurred, cases increased across all ranges under 5 billion yen. Notably, inflation-driven bankruptcies hit a record high of 108 cases since tracking began in 2018, surging 52.1% year-on-year. The construction sector was most affected with 33 cases. The video also highlights the 'Enterprise Value Security Right,' a new financing system launched on May 25, 2026, allowing startups and SMEs to use their entire business, including future cash flows and intangible assets, as collateral for funding.