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Tokyo Shoko Research announced on the 8th that corporate bankruptcies in the first half of 2026 rose 7.1 percent from a year earlier to 5,346 cases, marking the first time in 12 years since 2014 that first-half bankruptcies exceeded 5,000. Bankruptcies linked to labor shortages surged 37.7 percent to 237 cases, with a sharp increase in failures attributed to soaring labor costs. Bankruptcies tied to rising prices climbed 27.6 percent to 439 cases, the highest since 2022. There were six bankruptcies related to the worsening situation in the Middle East.