According to the TSR（TOKYO SHOKO RESEARCH）, one "weak yen" related bankruptcy occurred in April 2024 (down 66.6% y/y). The number of cases fell below the same month a year earlier for the first time in three months, but has occurred for 22 consecutive months since July 2022.
The dollar-yen exchange rate, which hit the 160-yen level on the morning of April 29, is putting pressure on the operations of small, medium, and micro businesses that are having difficulty passing on higher raw material prices to their customers, and this situation is expected to continue for some time.