Japan: companies potentially closing down due to coronavirus by size 2022

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According to a survey conducted in February 2022, around 7.4 percent of small to medium-sized companies in Japan foresaw a likelihood of discontinuation of their business activities due to the impact of the coronavirus (COVID-19) outbreak. By comparison, about 0.8 percent of large business enterprises reported the potential closing down.

Share of business enterprises foreseeing potential discontinuation of business due to coronavirus (COVID-19) outbreak in Japan as of February 2022, by company size

Characteristic	Large companies	Small to medium sized companies	All companies
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Release date

February 2022

More information

Region

Japan

Survey time period

February 1 to 9, 2022

Number of respondents

7,360 business enterprises

Method of interview

Online survey

Supplementary notes

Original question: "If the coronavirus outbreak would go on, is there a possibility for your company to discontinue the business operation?"

Sample size:
Large companies (capital of 100 million yen or more) n=1,034
Small to medium sized companies (capital less than 100 million yen) n=6,317

Number of companies from the previous surveys:
Aug '20: large n=1,865, small to medium n=9,644
Sep '20: large n= 1,860, small to medium n=9,176
Oct '20: large n= 1,796, small to medium n=9,219
Nov '20: large n= 1,578, small to medium n=7,986
Dec'20: large n= 1,615, small to medium n=8,056
Jan '21: large n= 1,807, small to medium n=9,150
Feb '21: large n= 1,625, small to medium n=8,920
Mar '21: large n=1,371, small to medium n=7,663
Apr '21: large n=1,319, small to medium n=7,568
Jun '21: large n=1,480, small to medium n=8,263
Aug '21: large n=1,514, small to medium n=7,808
Oct '21: large n= 1,551, small to medium n=7,871
Dec '21: large n= 1,141mall to medium n=5,692