Tourist spending in Japan topped a record-breaking 4.4 trillion yen ($39.7 billion) in 2017, according to a recent survey by the Japan Tourism Agency (JTA). An increase of 17.8 percent from the previous year, this marked the first time that travel expenditures exceeded 4 billion yen and the fifth record year in a row. By country and region, spending of […]
Small and Medium Enterprises form the backbone of Japan’s economy. They employ the majority of people and account for a large share of the country’s economic power. Yet as the aging population of business owners increases, hundreds of thousands of SMEs in Japan are about to face the time when they must hand over their businesses to the next generation. […]
