Measures the number of companies that filed for bankruptcy in the last month， with liabilities of over 10 million Yen.
The headline figure is the number of cases in all Japan for the last month.
As an economic indicator the bankruptcies report is ambiguous. A high value can certainly indicate weakness in the Japanese economy， but the number of bankruptcies can fall even as the economy worsens.
Generally a higher number of bankruptcies will be part of a larger picture of economic weakness， which can be a depreciating weight on a currency.