Family Business White Paper 2018 Edition: 100 Years of Management and Governance

In Japan, many don't have a good impression of family businesses. However, in Japan there are an extremely large number of long-lived companies that have been in business for over 100 years, accounting for about 35% of the world total, and most of them are family businesses. Overseas, family businesses are operated with pride and awareness of their contribution to the local economy, so they are surprisingly highly evaluated by the Japanese, and their management strategies and businesses from China and ASEAN countries to Japan.

As a result, interest in family businesses is increasing in Japan as well, and academic research has been progressing since the beginning of this century. On the other hand, the number of family businesses that are forced to close due to the declining birthrate and aging population and the difficulty of business succession is increasing, and it has been pointed out that there is a possibility that Japan's industrial base will be damaged in the future.

This book is a white paper planned under such circumstances, and conducts management analysis of listed family businesses and research on governance of family businesses.