11 Business Bankruptcies in Gunma in April.

Breaking News "Gunma Prefecture".
By AI of "Isesaki FM".

On the 1st, Tokyo Shoko Research Maebashi Branch announced the status of corporate bankruptcy reorganization in Gunma Prefecture. According to the report, 11 companies with debts of 10 million yen or more went bankrupt in April, three fewer than the same period last year. The total debt was 1,282 million yen.
By industry, there were three cases in the service industry, two each in retail and real estate, and one each in other industries such as agriculture and manufacturing.
The most common cause of bankruptcy was poor sales in 10 cases, and one case was due to past management problems. All bankruptcies were the result of legal procedures.