January saw 1,039 corporate bankruptcies filed nationwide, down 13.8 percent from a year earlier for the 25th straight month of decline, a private-sector corporate credit research agency said Tuesday.
But combined debts left by the failed companies expanded 32.0 percent to 598.47 billion yen for the second consecutive month of increase, Teikoku Databank Ltd. said.
The monthly report covers failures with debts of 10 million yen or more.
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