shop after 15 years in December, unable to overcome the prospect of a lasting customer slump due to the coronavirus crisis.
Hurt by deflationary pressures and growing competition in the run-up to the now-delayed Tokyo Olympics, noodle bars are particularly prone to the economic malaise the pandemic triggered in the service sector. Bankruptcies among restaurants with less than 10 million yen in liabilities were up by 137% for the same period, Tokyo Shoko Research, a firm that monitors similar data, said, while the total for the service-sector, including restaurants, rose 64.4%.
At least seven other noodle stalls in the central Tokyo area popular with tourists where Haga has his table-less shop, which seats nine people at the counter, have already closed since March this year.businesses with at least 10 million yen in liabilities went bankrupt during the first nine months of 2020, also a record high for the period, Teikoku Databank said.
The spate of closures has helped some. Actpro’s platform for matching businesses looking to shut down with firms hoping to move into the location being vacated has been a hit.
超悲しい。。
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