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Japan's century-old businesses vanishing at record pace

Original: They survived World War II and lost decades, but not 2026. Japan's century-old businesses are disappearing at a record pace

Japan's long-standing companies, many of which survived World War II and decades of economic stagnation, are shutting down in 2026 at the fastest rate on record. CNBC reports that centuries-old family firms and shops, a defining feature of Japan's economy, are closing in unprecedented numbers. Observers attribute the trend to aging owners without successors and mounting modern pressures.

Why now: The record pace of closures marks the end of an era for Japan's famous long-lived firms, drawing widespread attention.

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• They survived World War II and lost decades, but not 2026. Japan's century-old businesses are disappearing at a record pace · CNBC

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