Nearly 500 companies in Japan went bankrupt. What caused this?

Japan has been a country with a very high economic ranking since the 20th century, but 50 companies went bankrupt this year. What is the reason?

First of all, the most important reason may be the epidemic. The epidemic in Japan has made many companies unable to operate. It may also be because of this reason that their economic pressure is increasing and they finally face bankruptcy. I have to say that these 500 companies are pitiful, because facing bankruptcy means not only no stable jobs, but also no stable income quality. During the epidemic, it is impossible for Japanese people to have better spending power.

According to relevant statistics, most of these 500 enterprises have closed down in the catering industry. Because of some epidemics, many restaurants closed down, so because of the sluggish business, they lost money and finally closed down. I have to say that the epidemic has caused great trouble and economic pressure to Japan, which has caused their economy to keep declining.

I can't help but sigh that the epidemic is really terrible, which not only makes many people unemployed, but also makes more people lose their lives. I have to say that 2020 is a year full of disasters. There may be another reason, that is, the present society. Economic competitiveness is getting stronger and stronger, which leads to the closure of many commercial enterprises under great pressure. But I think the main reason is the epidemic, because many people can't go out because of the epidemic, so they lose their spending power. Finally, I want to tell you that in front of each other, we must take precautions, and we must not let the epidemic get worse and worse, making our lives worse and worse.

Many shops in your countries and Japan have closed down because of the epidemic, so we have to do it here. Only by fighting the epidemic together can our economy recover. There is also the fact that shops are closed by people, but people may not be able to close them.