Small Japan firms dying out as ageing owners struggle to find successors



Japan's small firms, many of which are "mom-and-pop" operations, are dying out as their ageing owners struggle to find successors, in another sign that the fast-ageing population is taking its toll on the world's third-largest economy.
Prime Minister Shinzo Abe has targeted more business start-ups as a crucial part of regenerating activity, but the impact has been minimal so far, with the number of small firms that are closing their doors at a near record high.
Takayasu Watanabe, 72, has closed a chalk-making business in Nagoya, central Japan, that his family had operated for more... read more

 
3 October 2016 in Business, Views: 39
Source: Reuters
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
      1 2 3 4 5 6
    7 8 9 10 11 12 13
    14 15 16 17 18 19 20
    21 22 23 24 25 26 27
    28 29 30 31