Why Japan’s Old Pork Cut House Is Going Out of Business

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(2)August 28th, 1147 AM
(3)I enjoyed reading an article titled “Tragedy of Pork Cutlet Shop” posted on Yahoo, Japan, with the help of Google Translate
(4)To sum up the contents
(5)1 Old pork cutlet shops that have been making people line up because of their delicious and inexpensive appear to be closed one after another
(6)2 The reason is that even if the owners who run the store try to hand over the store as they get older, it is impossible for young people to operate it because it is not profitable at that price
(7)3 It turned out that such stores were possible because pensioners, the elderly couple, spent their own labor on depreciated facilities that had paid off their loans
(8)It is also mentioned in the article that there are many shops of this type among old Japanese shops as well as pork cutlet shops At the store where retired seniors have paid off their depreciated facility loans, their lives are based on pensions and are a kind of work and pocket money
(9)In other words, stores that are cheaper and tastier than you might think in Japan are virtually subsidizing the price of Japanese pensions, and it is impossible for young people to make a profit for their lives In the long run, these stores are doomed to disappear because they cannot eventually be generational change
(10)It is even said that this phenomenon is happening in the manufacturing industry, where the elderly win orders at ridiculously low prices, and the ordering company takes this price for granted and asks the elderly operator to prevent orders
(11)According to this article, Japan seems to have been a pension economy for a long time, and it goes out of business at an early stage when it can no longer work The elderly can live at that price because they have a pension, but the young are virtually impossible to even live a basic life at that price
(12)After all, this means that some low prices in Japan are also in an unsustainable price range in the long run, not at the right market price
(13)In fact, there is one industry in Korea that operates in a similar structure Subway courier is a kind of quick service that employs elderly people who receive free tickets as couriers to deliver goods to each other near subway stations This is slightly similar to the case in Japan in that the elderly can earn pocket money by shipping goods with free subway tickets anyway
(14)Pork cutlet, which the pensioned elderly couple used to do after paying off all their loans
(15)I’m about to retire, but of course there are no young people who can keep up with the price