A Study on the Capitalization of the Small Lodging Industry, Takao IKADO, 26, 4, 133, 144, 26 Mar. 2024, Low productivity has been pointed out as an issue for the small lodging industry in Japan, and it is assumed that one of the barriers to productivity improvement is the capital structure of the industry, in which small capital enterprises are overburdened with debt based on personal root guarantees. In foreign cases, there are examples of "local lodges" that aim to preserve the natural environment and traditional culture, maintain the local population, and promote economic development. The capital for these lodges is often based on private funds such as charitable foundations or donations. In Japan, where there is no culture of endowment, there are few cases where the personal financial assets of the elderly are directed to lodging business capital, as they only grow. On the other hand, there are many cases where subsidies become pseudo-capital. Therefore, we would like to propose a collective impact lodging business management in which local governments, the lodging industry, and the financial sector collaborate to invest in small lodging businesses.
A study of the social impact of the smaii-scale lodging business, 28 Dec. 2022
18 Dec. 2022
Labor Productivity in the Small-Scale Ryokan Industry and Future Prospects, 24, 3, 61, 70, Jan. 2022
23, 3, Mar. 2021
22, 2, Dec. 2019
708, Jul. 2019
21, 1, Aug. 2018
Dec. 2017
20, 2, Dec. 2017
Dec. 2016
Dec. 2015
50, 1
12
21K12457, 2021
18K11843, 2018
21K12457
18K11843, Research contributing to the improvement of labor productivity in the small-scale inn industry, This study investigated the labor productivity of small-scale inns, which are often in the accommodation industry with capital of less than 10 million yen, which accounts for 60% of the accommodation industry, to determine the factors behind their low productivity and the direction of improvement. The research was based on field research, including analysis of financial statements and interviews with managers. As a result, it was concluded that the main factors defining labor productivity are not superficial issues such as facilities and labor efficiency, but that in small businesses where only family members invest, the joint and several guarantee system using assets as collateral and many management deposits induce low profitability and insolvency, resulting in low productivity. In order to improve this situation, in addition to revising the credit law, it is necessary to improve profitability by developing new demand and creating a scheme to encourage non-family members to invest.
JP21K12457, A Study on the Capitalization of the Small Lodging Industry, Low productivity has been identified as an issue for the small-scale lodging industry in Japan, and the capital structure in which small capitals are over-indebted on the basis of personal root guarantees is a barrier to improving productivity. In other countries, there are cases of charitable foundations and private funds based on charitable foundations and private funds, such as eco-lodges, which aim to preserve the natural environment and traditional culture, maintain the local population, and develop the economy. In Japan, where there is no endowment practice, there are few cases that turn toward projects with no expectation of financial return. On the other hand, there are cases where subsidies serve as pseudo-capital. We see potential for the Japanese lodging industry to collaborate with local governments and the financial sector to manage a collective impact lodging business that also generates returns in the form of social impact, such as increased migration.
JP18K11843, Research contributing to the improvement of labor productivity in the small-scale inn industry, This study investigated the labor productivity of small-scale inns, which are often in the accommodation industry with capital of less than 10 million yen, which accounts for 60% of the accommodation industry, to determine the factors behind their low productivity and the direction of improvement. The research was based on field research, including analysis of financial statements and interviews with managers. As a result, it was concluded that the main factors defining labor productivity are not superficial issues such as facilities and labor efficiency, but that in small businesses where only family members invest, the joint and several guarantee system using assets as collateral and many management deposits induce low profitability and insolvency, resulting in low productivity. In order to improve this situation, in addition to revising the credit law, it is necessary to improve profitability by developing new demand and creating a scheme to encourage non-family members to invest.