- March 4, 2021
- September 26, 2022
How to Run Small Businesses in Japan: Kaizen in Japanese Companies
Small and medium enterprises are lower in productivity? In Japan, most of the small and medium enterprises (SME) like us may disappear in the near future. The SME Basic Act defines SME are companies with a capital of less than 300 million JPY or with the number of employees less than 300. According to the definition, 99.7% of the companies in Japan are categorized in SME. Soon after the change of government last year, the current prime minister organized an advisory board, and has implemented economic policies based on the advice of the board. The board members always treat SME like an enemy. They claim SME are the main cause of low productivity, though I strongly object to it. The cause and effect are reversed They always bring up a gap in wages in order to substantiate the low productivity of SME. I admit there’s a wage gap by company […]