A local Japanese company demonstrating notable resilience managed to avert bankruptcy and subsequently increased its sales revenue by four times, following a hike in annual income of 1 million yen. Overcoming the perils of near-insolvency, the company successfully repositioned itself within its sector and witnessed a considerable surge in profit. This triumphant transformation is considered a testament to sound business strategies and management efficiency.

Within the Japanese culture, perseverance and resilience in face of adversity are highly valued. Business success stories which involve overcoming major obstacles tend to gain significant traction among the populace. Legally, Japan offers several avenues for businesses facing bankruptcy to restructure and revive, reflecting the country's commitment towards economic sustainability and growth.

Like in the US and the EU, business turnaround stories are highly regarded and seen as inspirational. However, differences in bankruptcy laws may affect the specifics of recovery and restructuring. Furthermore, the US and EU's larger and more diverse markets may provide businesses with a broader range of opportunities for recovery and growth.