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Do you have a designated successor?

Many business owners wish for the businesses they have carefully built up to continue even after they retire or pass away. However, when it comes to concrete planning, many owners focus on inheritance tax measures.
Across Japan, business owners are aging, and the issue of business succession has attracted increasing attention in recent years. In order to facilitate smooth business succession, relevant laws and tax systems are being gradually improved.

As a key responsibility of management, it is important for business owners to make full use of all available options to ensure a smooth handover to the next generation.

Inheritance tax planning alone is not enough

It is common to hear business owners say, “We have already taken inheritance tax measures, so we are fine.” However, from the standpoint of business succession, simply reducing inheritance tax is not sufficient.
In addition to naming a successor, owners must consider matters such as training and developing that successor and arranging for the transfer of company shares and business assets.
Where there is no suitable successor, it may be necessary to consider options such as M&A or other forms of third-party succession.

Our firm works closely with tax and accounting professionals, financial experts, consultants, and financial institutions to assist your company in formulating and implementing a business succession plan.
Even after an initial plan has been put in place, changes in circumstances—including revisions to laws and tax systems—may require the plan to be reviewed and updated. Rather than simply providing a one-off solution; we also offer ongoing follow-up support.

Consult us for the sake of your family and employees

Because business succession brings to mind the retirement or passing of the owner, it is often difficult for people around the owner to raise the topic, and preparations never begin unless the owner takes the initiative.
There is no such thing as “too early” when it comes to seeking advice on business succession, so we encourage you to consult us proactively.