Many companies are shutting down in Fukushima Prefecture even though they are making a profit, due to the aging of managers who run the businesses and their failure to find successors.
Data from Teikoku Databank¡¯s Fukushima branch shows that out of the 871 firms in the prefecture which discontinued, suspended or dissolved their business last year, 34.9% were in the black.
They had to close down because they could not find a way to proceed with business succession smoothly.
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