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Re:Japan has 33k businesses at least a century old by Danieru on Thursday February 13, 2020 @10:32PM (#22323768)
Indeed, the business would continue. The issue is that in the west business owners would not see the merit in just giving a business away for the sake of the age ticking up.

In the west the business would get sold and merged. Only in Japan does the adoption make it a family or lineage thing.

Re:Japan has 33k businesses at least a century old by droithomme on Thursday February 13, 2020 @10:42PM (#22323811)
> Only in Japan does the adoption make it a family or lineage thing.

No. Every culture worldwide accepts adoption. A child, grandchild, nephew, etc, continuing a business keeps the business in the family. Whether the child is adopted or not, and regardless of the age of adoption.

Re:Japan has 33k businesses at least a century old by irq11 on Thursday February 13, 2020 @11:04PM (#22323872)
You’re not understanding the difference: in most of the world, businesses are carried on because there’s some financial value derived from it, not for the thing itself. Family businesses do exist, and do get passed down, but if the owners of the business don’t have any natural heirs, they’ll wrap it up or sell it. That’s normal.

In Japan, the longevity of the thing has a value of its own, so much so that they’ve invented adult “adoptions”, simply to keep an old business going. The business could be mediocre and barely profitable, but if it’s 300 years old, they’ll find a way to keep that line going.

Maybe they exist, but I’m not aware of any other culture that has taken up the practice of adopting adult males to ensure that a family business remains “family”.

Re:Japan has 33k businesses at least a century old by porknubbins on Thursday February 13, 2020 @11:41PM (#22324010)
I agree but I think regardless of profitability keeping small/medium businesses around is not just the for the longevity bragging rights. Some of these businesses preserve arts, techniques, handcrafts, recipes etc that might have otherwise been lost. And there is something to be said for street level neighborhood character created by these stores.
Re:Japan has 33k businesses at least a century old by calciphus on Friday February 14, 2020 @01:18AM (#22324365)
Something but...what?

Tge street-level character of a city isn't magically preserved because the acquiring company chose to retain the name. Example: I live near a sushi restaurant that has changed hands six times in my life. Two times they kept the name. One time they kept the facade. Never did they keep the employees. Maybe a token "manager" but the character of the place always shifts.

I like the metaphor because it really does ask the question "how much must one replace to make something indistinguishable from its progenitor?"

Re:Japan has 33k businesses at least a century old by wst_ on Friday February 14, 2020 @12:21PM (#22328261)
These are not the businesses we're looking for.
Re:Japan has 33k businesses at least a century old by germanier on Friday February 14, 2020 @03:11AM (#22324848)
Adult adoptions to pass on family businesses large and small are somewhat common in Germany. Mostly it's used to save on taxes (nobody cares about the difference of sale and that kind of inheritance) however officially this can't be your (only) reason for adoption. That e.g. got the Darboven and Jacobs families into trouble who wanted to merge their coffee dynasties by adult adoption.
Re:Japan has 33k businesses at least a century old by hajimuz on Friday February 14, 2020 @12:36AM (#22324203)
Ancient China also had this kind of tradition.
Re:Japan has 33k businesses at least a century old by RandallBrown on Friday February 14, 2020 @12:07AM (#22324101)
> regardless of the age of adoption

Are adult adoptions common at all?

Re:Japan has 33k businesses at least a century old by keiferski on Friday February 14, 2020 @01:29AM (#22324406)
Becoming a son-in-law or daughter-in-law certainly counts in this context.
Re:Japan has 33k businesses at least a century old by regularfry on Friday February 14, 2020 @06:49AM (#22325810)
This is apparently a very common thing in farming.
Re:Japan has 33k businesses at least a century old by adrianN on Friday February 14, 2020 @02:34AM (#22324694)
Pretty common to save tax on inheritance I'd say.
Re:Japan has 33k businesses at least a century old by tshanmu on Friday February 14, 2020 @02:35AM (#22324702)
it is quite common in the part of India where I come from.
Re:Japan has 33k businesses at least a century old by easytiger on Friday February 14, 2020 @03:09AM (#22324838)
The relentless attack on the family in the West may also be related
Re:Japan has 33k businesses at least a century old by namdnay on Friday February 14, 2020 @03:23AM (#22324909)
Huh?