Japan has 33k businesses at least a century old (bbc.com)

Article summary

Japan has a high number of businesses that have been in operation for over a century, with over 33,000 companies meeting this criteria. The country's emphasis on tradition, sustainability, and long-term thinking are cited as reasons for this phenomenon. Many of these businesses are family-owned and have been passed down through generations, with some using a practice of adopting adult males to ensure succession. This approach to business is seen as unique to Japan and has allowed many companies to endure for centuries.

Main themes

• Japanese business culture
• longevity and tradition
• family-owned businesses
• succession and adoption
• innovation and profitability
• cultural differences and comparisons

What commenters say

• The longevity of Japanese businesses can be attributed to the country's cultural emphasis on tradition and respect for ancestors.
• The practice of adopting adult males to ensure business succession is a key factor in the endurance of these companies.
• This approach to business is not unique to Japan and can be seen in other cultures, such as ancient Rome and modern-day Germany.
• The value placed on longevity and tradition in Japanese businesses can sometimes prioritize preserving the business over profitability or innovation.
• The concept of identity and whether a business remains the same after significant changes is a subject of debate.
• The preservation of traditional arts, techniques, and character is an important aspect of these long-standing businesses.
• The differences in cultural attitudes towards family, business, and adoption between Japan and the West are highlighted in the discussion.