Japanese Idol App Company Files for Bankruptcy Amid Rising Corporate Failures

A Japanese company known for a virtual teen idol game app has filed for bankruptcy, becoming the latest in a wave of corporate failures in Japan, which have reached a 12-year high due to inflation and worker shortages.

17 Aug, 00:00 — 17 Aug, 00:00

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bloombergHigh16d ago

Japanese Idol App Firm Collapses Amid Wave of Bankruptcies

A Japanese company known for a game app based around virtual teen idols filed for bankruptcy, the latest in a wave of corporate failures that climbed to the most in 12 years as inflation and worker shortages hit weaker firms.

By Sota Suzuki

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Japanese Idol App Company Files for Bankruptcy Amid Rising Corporate Failures

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Japanese Idol App Firm Collapses Amid Wave of Bankruptcies

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