Time bomb of ``excessive debt'', eating out is dangerous after corona, ``life extension measures'' by benefits will eventually be reduced

Time bomb of ``excessive debt'', eating out is dangerous after corona, ``life extension measures'' by benefits will eventually be reduced

Crisis of ``undeclared areas''

--Is there any change in restaurant bankruptcy trends in 2020 and 2021?

First of all, in 2020, the number of restaurant bankruptcies from January to December was the highest ever. Sales have fallen sharply due to "shortening of business hours" that restaurants did not expect so far. In addition, due to delays in providing benefits such as sustainability benefits, more companies went bankrupt because they could not endure it.

On the other hand, the number of bankruptcies from January to August 2021 is 447. This is a 23% decrease compared to January to August 2020, which is greatly suppressed. It is largely due to the expansion of support measures by the government. In areas where a state of emergency has been declared and priority measures to prevent the spread of the virus have been issued, there is also the provision of cooperation funds to prevent the spread of infection, and it can be said that the crisis situation for restaurants has come to a halt.

Time bomb of 'excessive debt', Eating out is dangerous after corona, ``life extension measures'' with benefits will eventually be reduced

However, while the total number of bankruptcies has been suppressed, a new feature has emerged since the beginning of this year, ``the number of bankruptcies has increased in areas where no declaration has been made''.

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You can read the full text of this article with a free Toyo Keizai ID registration. In the digital feature "Dining out on the edge of a cliff", the following articles are also distributed.

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