University of Tokyo

Survey Number 0236
Survey Title Questionnaire Survey on Second Starting of Business, 2001
Depositor Japan Finance Corporation Research Institute
Restriction of Use For detailed information, please refer to 'For Data Users' at SSJDA website.

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Educational Purpose Only available for research.
Period of Data Use Permission One year
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Nesstar Not available
Summary In recent years, it has been pointed out that one of the factors behind the stagnation in business startup activities in Japan has been that it is often difficult for a person who has failed in business to restart. The reasons for this are: (1) Japanese society is not tolerant of failures; for example, it is common to think that failed managers, including financial institutions, may repeat the same mistakes and (2) that such people will likely have lost most of their assets due to business closure or bankruptcy. However, there is no concrete basis for these points, and the actual situation is not always clear. Therefore, the purpose of this survey was to clarify the actual situation regarding efforts to reopen after business closure and bankruptcy according to managers who have had such experiences in the past, with the overarching goal of ascertaining the actual difficulty of recovery from failure in Japan. In addition to this questionnaire, interview surveys were also conducted; this involved visiting 44 companies, including those that responded to the questionnaire.
Data Type quantitative research
quantitative research: micro data
Universe Managers who have experienced the closing or bankruptcy of a business he/she started in the past and who have gone on to start another new business.
Unit of Observation Individual
Sample Size Number of responding businesses: 236
Date of Collection 2001/08/01
Time Period
Spatial Unit
Sampling Procedure Sampling was done from a pool of companies to which the Japan Finance Corporation has issued ordinary loans or loans for small businesses associated with improvement of environmental health during the period from April 1999 to March 2001 and that had been opened for five years or less at the point of funding (including companies yet to start trading. Real estate leasing businesses were excluded.)
Mode of Data Collection Self-administered mail survey
Investigator Japan Finance Corporation Research Institute
Sponsors (Funds)
Related Publications (by the Investigator) Please refer to the abstract in Japanese.
Related Publications (based on Secondary Analysis) List of related publications (based on Secondary Analysis)
Documentation [Chosa-hyo]
Major Survey Items (1) Current business overview: manager’s gender, industry, current company type, franchise chain membership, number of employees at the time of business start-up and current number of employees, month and year/age when startup preparation started, month and year of business start-up and age at the time
(2) Experience with business closure: number of times starting a business, details of the closed business (industry, corporate structure at the time of closing, year of business start-up), month and year when the decision was made to close the business and actual month and year of closure, reason for closure, performance at the time of the decision to close the business (sales, balance, number of employees), closing method, suitability of closing decision time, whether or not respondent had prepared for closing on a daily basis, status of employees at the time of closing (number of employees, problems), status of transactions at the time of closing (problems with transaction partners, unpaid amounts, settlement method of unpaid amounts), status of borrowing at the time of closure (existence of loans, lenders, amount borrowed, loan repayment method), asset status at the time of closure (ownership status of home, factory, presence/absence of storefronts/offices, disposal method of equipment/fixtures, existence of cash and deposits after business closure and their amounts).
(3) Status from business closure to the opening of the next business: occupation immediately before opening, industry of workplace, motive for starting a new business, reason for deciding on the current business, breakdown of opening costs, breakdown of funding sources.
(4) Post-opening status: post-opening performance (target monthly sales at the time of opening; changes in monthly sales after opening; income and expenditure status; whether or not there are unique products, technologies, and services comprising the core of the business; whether or not there was support from small and mid-size enterprise owners, financial institutions, or family members; details of any such support; reasons respondent could receive the support; family response to new business opening; obstacles respondent currently faces; intent to scale up the business in the future; negative influence of business closure experiences; making use of previous business management and closure experience; thoughts on the difficulty of recovering from a failure in Japan
Date of Release
Topics in CESSDA Click here for details

Topics in SSJDA Economy/Industry/Management
Version 2002/02/12 :
Notes for Users Variable and value labels are written in Japanese.