Two Large Bankruptcies in Okinawa Prefecture in May 2025, Total Debt of 280 Million Yen, According to Tokyo Shoko Research Okinawa
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The Okinawa branch of Tokyo Shoko Research announced on the 2nd that the number of corporate bankruptcies in the prefecture in May (total debt of 10 million yen or more) was two, down two from the same month last year. This is the lowest number ever for May, tying it with 2010. As all bankruptcies were large, with debts of over 100 million yen, the total debt amounted to 280 million yen, about 5.1 times higher.
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