Companies in Tokyo went bankrupt the most, with 122 companies going bankrupt.

1. Why do companies in Tokyo fail the most?

Most of the companies that closed down in Tokyo were catering companies.

Because after the COVID-19 epidemic came, a large number of people were isolated at home and seldom went out to spend money.

The catering industry is generally located in the business district with the largest crowd, and the rent in the business district is particularly expensive.

during the epidemic, people didn't go out to spend money, but the store rent and employees' wages in the business circle had to be paid as usual.

In this case, the COVID-19 epidemic has not ended, so these catering companies have to go bankrupt.

2. Why are most catering companies concentrated in Tokyo?

This has something to do with the composition of social groups in Japan.

Today, Japan has entered a highly aging society.

A large number of young people work and live in Tokyo, and there are almost only old people left in second-and third-tier cities in Japan.

In the long run, the business districts in Tokyo are basically filled with things that young people like, such as food and various entertainment facilities.

Because young people are busy with work every day and basically have no time to cook, more people choose to eat out.

In the second and third tier cities, the basic facilities are aimed at the elderly. Because the elderly have more time to cook at home, there are not as many catering companies in second-and third-tier cities as in Tokyo.

This has led to the largest number of enterprises closed down in Tokyo, Japan.

Third, apart from the catering industry, Japanese hotels and clothing industries closed down at most

Because of the impact of the COVID-19 epidemic, people who originally planned to travel were forced to be isolated at home.

This has also led to heavy losses in the hotel industry and the closure of many companies.

And the COVID-19 epidemic has a great impact on the clothing industry.

Because Japan is a country that pays great attention to the image of the workplace.

Japanese girls teach themselves how to make up after they go to middle school, and? Never go out without makeup? .

Being so image-oriented, they are also very picky about the choice of clothes.

But after the outbreak of COVID-19, most workers were forced to work from home, so they didn't have to go out, and office workers didn't have to put on makeup or worry about buying new clothes.

As a result, Japanese clothing industry and cosmetics companies have been hit.