Why 99% of Small Businesses in Japan Could Be Wiped Out | AB Explained

Asian Boss

5 Jun 2025

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?

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