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Japan’s Gastronomic Paradox: Booming tourism yet skyrocketing restaurant bankruptcies
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Japan’s Gastronomic Paradox: Booming tourism yet skyrocketing restaurant bankruptcies

Contrary to the rise of tourism, Japan is facing a record number of bankruptcies in the restaurant industry. What is going on?

Rei Saito's avatar
Rei Saito
May 07, 2024
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KonichiValue Japan
Japan’s Gastronomic Paradox: Booming tourism yet skyrocketing restaurant bankruptcies
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Japan’s bustling streets are seeing a surge in tourists and locals alike eager to indulge in the country's culinary delights. Yet beneath the surface of this apparent prosperity, a record number of restaurants are shutting their doors for good.

While international visitors are cashing in on the low yen, enjoying more bang for their buck, Teikoku Data Ban…

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