Voices
in
Japan

quote of the day

My lunchtime customers have decreased because they telework, and business is still pretty slow at night. I borrowed a year worth of operation expenses from a bank, but after that I have no prospects for my business.

4 Comments

A man who runs a restaurant in Tokyo’s Shibuya Ward. The restaurant industry recorded 730 bankruptcies with debts exceeding ¥10 million in the January-October period. The coronavirus pandemic and tightening cash flows have slammed the restaurant industry.

© Yomiuri Shimbun

©2024 GPlusMedia Inc.

4 Comments
Login to comment

He'll probably starve to death or end up homeless. But that's better than getting a probably symptomless Covid-19, right gang?

-1 ( +3 / -4 )

That bank is either stupid or worth a prize for bank untypical socially responsible loan handling. Probably they only saw more future prospects for that specific business at that specific place than the owner himself.

0 ( +0 / -0 )

aren’t banks so sweet ? I meet so many of these nice bank managers, moved to tears , offering their last yen to help people out of the goodness of their hearts and souls.

NEVER go to a bank when you need money only when you have money. 1st and only rule

3 ( +3 / -0 )

The restaurant industry recorded 730 bankruptcies with debts exceeding ¥10 million in the January-October period. The coronavirus pandemic and tightening cash flows have slammed the restaurant industry.

Are there numbers available for other years to compare those figures to? It would be interesting to know just how big the impact of corona was on the restaurant industry. We had a similar case with an article that was talking about businesses shuting down because of COVID-19. It also made it sound like all cases were

down to the virus while in reality there was an increase of 23.9% compared to the year before, so it was not all down to the virus. For all we know this could be something new or something that happens to 700 restaurants every year anyway.

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites