University of Tokyo

Survey Number 1150
Survey Title Survey on State of New Business Start-ups (special surveys), 2016
Depositor Japan Finance Corporation Research Institute
Restriction of Use For detailed information, please refer to 'For Data Users' at SSJDA website.

- Apply to SSJDA. Depositor's approval required.
Educational Purpose Only available for research.
Period of Data Use Permission One year
Access to Datasets Download
SSJDA Data Analysis Not available
Summary The “Survey on the State of New Business Start-ups” has been conducted continuously since 1969 for the purpose of apprehending the state of new business. Since 1991, it has been conducted annually, resulting in the accumulation of data such as age at the start of new business and start-up costs, which can be used for time series comparisons, as well as the carrying out of analyses from a variety of viewpoints.

As of 2000, the survey excluded the real estate investment industry. Further, in line with the inauguration of the Japan Finance Corporation in October 2008, the Japan Finance Corporation Research Institute took over the operation of the survey from its predecessor, the National Life Finance Corporation Research Institute.

This survey was conducted as a special survey for the “Survey on State of New Business Start-ups, 2016” (SSJDA Survey Number 1149). It targeted businesses that had received financing from the Japan Finance Corporation Micro Business and Individual Unit between March and September 2015 and had been trading for four years or less (including companies yet to start trading) at the point of funding and includes survey items such as items on attributes and career of manager, start-up funding and procuring funding.

Out of a pool of managers of new companies, this survey focuses on those with experience of running a business before the current one (hereinafter, “management experience”) and looks at why they started a new business and what kind of results they achieved. In this context, based on previous research, entrepreneurs with management experience were divided into two groups: those who ended their previous business and started a new one (“serial entrepreneurs”) and those who started new businesses in addition to their previous ones (“portfolio entrepreneurs”), and the state of both was surveyed.
Data Type quantitative research
quantitative research: micro data
Universe Companies within four years of startup at the time of financing (including companies yet to start trading)
Unit of Observation Organization
Sample Size Sample size: 12,050, number of responses: 2,805 (response rate: 23.3%)
Date of Collection 2016-08 ~ 2016-08
Time Period 2016 ~ 2016
Spatial Unit Japan
Sampling Procedure Non-probability: Availability
12,050 companies within four years of startup (including companies yet to start trading) at the time of financing were surveyed from among the companies financed by the Japan Finance Corporation Micro Business and Individual Unit between March and September 2015.
Mode of Data Collection Self-administered questionnaire: Paper
Mail survey (anonymous questionnaire)
Investigator Japan Finance Corporation Research Institute
DOI 10.34500/SSJDA.1150
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 Questionnaire
Major Survey Items (1) Business overview
Management type (at startup, current), business details (industry, new points of business content when compared with other companies in the same industry), business opened (whether it is a venture or new business, etc.), franchise affiliation, main business locations, whether the main business office is at respondent’s home, if different place to respondent’s home (vacant store in shopping street, etc.), number of employees (at startup/ current), existence of management assistants, scope of business area, main sales destinations

(2) Attributes and career of manager
Gender, highest level of educational attainment, work experience (existence of work experience before startup, intention of starting own business at point of choosing first job, experience in sales/customer service/marketing, managerial experience, experience in current industry), occupation immediately before startup (mode of work, size by number of employees, year of establishment of employer’s company, business conditions at the company, reason for leaving the job, whether respondent started the current business as a side job while working), existence of work taken over (with or without compensation) in starting a new business, positive aspects of taking over work and starting a new business, worries before startup, hardships at startup and present time, confidence as a manager (at startup, present time)

(3) Preparations and chronology of starting up a new business
Time of startup, motivation for startup, reasons for deciding on current business, costs and procurement at startup, etc.

(4) Management since starting up the business
Current revenues and profitability, current state of business, predicted monthly sales before startup, monthly sales required to continue trading, current monthly sales, etc.

(5) Management experience
Existence of management experience before managing current business, number of companies managed, number of years of management
*In the following, “the company” refers to the company that includes the current business, while “parent enterprise” refers to the company managed since before the current business.

Year of inauguration of parent enterprise, year of appointment as manager of parent enterprise, details regarding appointment as manager of parent enterprise, Industry of parent enterprise, organization type, number of employees (at the time of starting this company, present), reason for establishing this company as a separate entity to the parent organization, monthly sales and business conditions of parent organization (at the time of starting the company, present), relationship between the company and parent enterprise (location of main office (at time of starting the company, present), existence of financial support, existence of trading, etc.), whether experience of managing parent enterprise was useful, etc.

(6) Opinions regarding management and future management policy direction
Most important aspects of running a business, own personality, intention to start a new business, satisfaction levels (income from business, work-life balance, etc.), thoughts on the scale of future business (sales, scope of business, future stock listing), etc.

*For details of survey items, please refer to the questionnaire.
Date of Release 2017/10/10
Topics in CESSDA Click here for details

Working conditions
Topics in SSJDA Economy/Industry/Management
Version 1 : 2017-10-10
Notes for Users