Japan Risk Climate: Printing Industry in Japan is Struggling!

Posted by Joachim Bartels | Oct 10, 2012 | Business Information, Credit Information, Japan, Teikoku Databank America Inc. | 0 |

According to Teikoku Databank, In the first half of 2012, 68 bankruptcies were filed, which is 6.3% higher than same term last year, and the highest since 2009 with 92 bankruptcies. However, the total debt from bankruptcies occurred was about 6.5 billion yen which is 72.1% lower than same time last year.

Source: Teikoku Databank a Member of BIIA

BIIA Comment: Printing companies the world over are suffering the effects of their clients moving from print products to digital. For example the Yellow Pages Directory industry is suffering the most and many directory printing plants in the USA have been shut down. According to Outsell Inc. the directory industry in Asia has contracted by 3.9% in 2011. A further decline is forecasted.

About The Author

Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.