Future of Small Biz
2025-07-14 03:48:38

How to Secure the Future of Small Businesses: A Seminar on Successors in Setagaya

Seminar on Business Succession for Small Enterprises in Setagaya



In an era marked by an alarming rate of business closures in Japan, known as the "Great Business Closure Era," set against the backdrop of a rapidly aging population, a critical seminar is on the horizon. Organized by Light Light Inc., the operator of relay, a pioneering business succession initiative, this event will be held in Setagaya City, Tokyo, on July 30, 2025. The seminar specifically targets small and individual business owners, providing insights and strategies focused on the vital topic of business succession.

Understanding the Landscape
With around 50,000 businesses reportedly shutting down annually, it is alarming that 60% of these closures occur due to a lack of successors, leaving profitable businesses without a path forward. Setagaya, known for its rich tapestry of beloved shops and culinary traditions, faces increasingly critical challenges associated with an aging workforce and an impending shortage of successor candidates. These circumstances threaten not just individual enterprises but the entire local economy, making this seminar particularly relevant.

The Importance of Proactive Planning
The seminar emphasizes the necessity for early preparation in ensuring smooth business transitions. It encourages business owners to consider their future and the sustainability of their operations through planned succession. This proactive approach is aimed at not only maintaining local employment but also preserving the invaluable knowledge and expertise embedded in small businesses, which are crucial to community life and economic resilience.

What Attendees Can Expect
The seminar promises a comprehensive exploration of business succession methods. Attendees will learn about various strategies and hear from successful industry examples. The program includes:

  • - Keynote Speech: By attorney Takafumi Fujima from Setagaya Yoga Law Offices, who brings extensive experience from working with diverse companies in the field of business succession and M&A.
  • - Expert Panel: A talk featuring Yuu Ebihara, who successfully transitioned the long-standing tempura shop 'Tenmasa,' to share his journey and insights into the importance of succession.
  • - Interactive Q&A Session: Participants can engage with the speakers and guests, posing their questions related to succession planning.

Details of the Seminar
  • - Date: July 30, 2025
  • - Time: 18:00 – 20:00
  • - Format: Hybrid (In-person and Online available)
  • - Location: Setagaya Business Plaza Conference Room, Tokyo, 2-16-7 Taishido, 3rd Floor
  • - Cost: Free

The seminar serves as an opportunity for those contemplating succession planning, new entrepreneurs inspired by potential takeovers, and organizations supporting succession initiatives. Everyone interested in the theme of business continuity and the preservation of local enterprises is encouraged to join and engage.

A Collaborative Initiative
This seminar is part of a broader strategic collaboration between local government entities and relay, seeking to address the pressing challenges of business succession in the community. Through this partnership, they provide resources and support for business owners facing the daunting task of finding successors.

About relay
Relay specializes in open-name business succession matching, where business owners can share their stories and intentions behind their enterprises to attract enthusiastic successor candidates. Since its launch in 2020, relay has successfully published over 660 succession requests, resulting in around 130 successful matches, earning the title of the number one business matching platform in Japan for three consecutive years (2020-2022).

This upcoming seminar is a must-attend for anyone invested in the future of small businesses in Setagaya. Let’s work together to create pathways for future generations and ensure that local treasures continue to thrive for years to come. Join us in shaping the future of our beloved local businesses.


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Topics Business Technology)

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