Bankruptcies Among Japan's Medical and Nursing Care Providers Hit 478 in Fiscal 2025
Bankruptcies among medical and nursing care providers in Japan reached 478 in fiscal 2025, the highest since 1988, according to a report from Tokyo Shoko Research. The surge is attributed to staff shortages and rising costs amid government-regulated pricing. The analysis covers operators with debts exceeding ¥10 million.
japantimes.co.jpBankruptcies among medical and nursing care providers in Japan totaled 478 in fiscal 2025, marking the highest level since 1988, when the country's bubble economy peaked. Tokyo Shoko Research released a new report on Monday detailing these figures, with the surge mostly attributed to staff shortages and rising costs.
The report, dated May 4, 2026, analyzed operators that went under with more than ¥10 million in debt, equivalent to $63,800.
In Japan, prices that medical and nursing care providers can charge for their services are largely regulated by the government. The analysis included hospitals and clinics, dental offices, quarantine centers, nursing care providers, and disability welfare service operators.
Japan Times reported that the 478 bankruptcies represent the highest level since 1988, highlighting the pressures on the sector from regulated pricing and operational challenges.
Key Facts
Story Timeline
3 events- 2026-05-04
Tokyo Shoko Research released a new report on bankruptcies among medical and nursing care providers.
1 sourceJapan Times - Fiscal 2025
A total of 478 bankruptcies were recorded among medical and nursing care providers in Japan.
1 sourceTokyo Shoko Research - 1988
Japan's bubble economy peaked, marking the previous high for such bankruptcies.
1 sourceTokyo Shoko Research
Potential Impact
- 01
Increased pressure on remaining providers from staff shortages and cost rises.
- 02
Potential reduction in available medical and nursing care services in Japan due to provider closures.
- 03
Broader economic strain in healthcare sector, echoing patterns from 1988 bubble peak.
Transparency Panel
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