Why 99% of Small Businesses in Japan Could Be Wiped Out | AB Explained
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Japan is facing a quiet economic crisis. Every day, more small businesses are shutting down, even ones that are profitable and have been around for decades. In this video, we explore one of the country’s most overlooked and deeply rooted challenges: the struggle to pass businesses from one generation to the next. What’s really behind this wave of closures, and what could it mean for the future of Japan and other aging societies around the world? 00:00 Intro 00:43 The Root Causes Beyond Demographics 03:12 Succession Problems 04:56 Why Family Succession Is Collapsing? 11:02 Government Policies and the Rise of M&A Platforms 13:14 Mukoyoshi: Japan's Adult Adoption System 18:29 What Happens If Nothing Changes? Follow us on social media: TikTok ► https://www.tiktok.com/@asianbossmedia Instagram ► https://www.instagram.com/asianbossmedia Facebook ► https://www.facebook.com/asianboss X ► https://x.com/asianbossmedia
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