There may be an increase in cases where foreign companies acquire Japanese SMEs. Japan is facing the issue of business succession of SMEs. Many SMEs have problems of aging managers and undecided successor. The government believes that there is a potential that approximately 6.5 million jobs and GDP of JPY 22 trillion (USD 200 billion) will be lost by 2025, if left unaddressed, according to the document published in January 2018. Therefore, in order to prevent closing down of good-standing SMEs, the government is considering introducing them to foreign companies via JETRO.   JETRO told us that it has been discussing it in the following directions: JETRO will be granted […]