A recent Bloomberg article suggests that Japanese "zombie companies" may finally succumb to bankruptcy following the Bank of Japan's (BOJ) rate hike. These companies have been struggling financially and have maintained their operations through debt and other financial arrangements. The BOJ's decision may force these companies to restructure or declare bankruptcy, potentially leading to changes in the Japanese economy.

Source: https://www.bloomberg.com/news/articles/2024-10-21/zombie-companies-may-finally-succumb-to-bankruptcy-on-boj-hikes