On October 16th, Tokyo Shoko Research announced the results of a survey on “Bankruptcy trends in the food and beverage retail industry” from January to September 2020.
The number of bankruptcies (debt amount of 10 million yen or more) in the “food and beverage retail business” from January to September 2020 was 188 (down 18.9% from the same period of the previous year).
This was the lowest number in the 30 years since 1991. With a pace below 255 in 2016, it is possible that 2020 will set a new record!
Due to the corona sickness, special demand for nesting due to working from home, closing school, refraining from going out, etc. was born, and “home meals” and “meals” became widespread. In addition, online drinking parties seemed to have contributed, and bankruptcies decreased not only in food and beverage but also in fresh fish retailers, confectionery / bread retailers, and liquor retailers.
“Home meals” and “so-called intermediate meals” have spread. In addition, online drinking parties seemed to have contributed, and the number of bankruptcies decreased not only in food and beverage but also in fresh fish retailers, confectionery / bread retailers, and liquor retailers.
Since April 22 (26 in the same month of the previous year), May 11 (29), July 20 (38), August 22 (33), September 13 (27) ), And the number of bankruptcies continues to decrease.
Since April, an average of 19 bankruptcies have occurred each month, and if this pace is maintained, it will be around 250 cases a year, which may be lower than the minimum of 2016 (255 cases) in the last 30 years.
<Food retail business bankruptcy yearly transition>
<January-September 2020 Bankruptcy status by prefecture>