Do you want to start or expand your business in Japan? Buy a bankrupt company at a reasonable price.

 

A great strategy to enter Japan is to buy a bankrupt company at a reasonable price.

 

Company Overview

 

- Established: 1951

 

- Capital: 10 million JPY (as of February 1988)

 

- Industry: Hotel Management

 

- Hotel Operated: Onsen Tourism Hotel "Minami Chita Kanko Hotel Daishin" 

 

Financial Information

 

- Peak Sales: Approximately 300 million JPY

 

- Sales for 2023: Loss of approximately 40 million JPY with total sales around 350 million JPY

 

Reasons for Bankruptcy

 

The company operates a well-known local onsen (hot spring) tourism hotel. The decline began with the 2008 Lehman Shock, followed by the Great East Japan Earthquake, and continued through the long-term consumption downturn caused by the consumption tax increase during "Abenomics era". These events led to a continuous decline in customer numbers. The situation worsened with the COVID-19 Pandemic, causing a further sharp decrease in visitors. Persistent deficits, financial difficulties, and the aging infrastructure forced the company to cease operations.

 

The hotel is located in the great tourist area

 

Explore the Charm of South Chita: A Perfect Getaway

 

Nestled at the southern tip of the Chita Peninsula, South Chita is a captivating destination known for its stunning coastal landscapes and rich cultural experiences. This unique town encompasses the peninsula's tip and surrounding islands, offering visitors a blend of natural beauty and vibrant local traditions. Surrounded by the sea on three sides, South Chita faces Mikawa Bay to the east and Ise Bay to the southwest, making it a haven for fishing and coastal activities.

 

 A Blend of Fishing and Agriculture

 

South Chita thrives on its robust coastal fisheries, including trawling, small-scale fishing, and seaweed farming. This seaside town also boasts a rich agricultural tradition, allowing visitors to savor the bounty of both the sea and the land. Seasonal activities abound, from orange picking in the fall to strawberry picking from winter to spring, and even authentic fishing experiences for enthusiasts.

 

 Attractions and Activities for All

 

South Chita is a year-round destination with sandy beaches, pristine seas, and numerous hot spring resorts. Seasonal events draw tourists from far and wide, ensuring there’s always something exciting to do. Here are some must-visit attractions:

 

- Himakajima Island: Known as the closest island to Nagoya, Himakajima offers a variety of events, from fireworks and dolphin encounters to fishing experiences. The island’s culinary fame is anchored in its octopus and blowfish dishes, with the celebrated “Tako Meshi” (octopus = Tako rice = Meshi) drawing food lovers from across the nation. This island, with a circumference of about 6 km, is perfect for a day of exploration and relaxation. Discover its historical sites, including ancient tombs and shrines, or enjoy the delectable local cuisine.

 

- Noma Lighthouse: This romantic white lighthouse has guarded Ise Bay for over 90 years. It features charming monuments where couples can hang locks as symbols of love and ring the “Bell of Bonds.” The lighthouse's scenic backdrop is perfect for a leisurely visit, making it a favorite spot for couples and those seeking tranquility.

 

- Minami Chita Beach Land & Toy Kingdom: A family-friendly theme park that offers close encounters with marine life and thrilling animal shows. The adjacent toy kingdom provides a playful paradise for children, ensuring a memorable experience for the entire family.

 

- Minami Chita Green Valley: Known for being home to Japan’s first bungee jumping facility, this athletic park features over 20 attractions suitable for both adults and children. The exhilarating 20-meter-high bungee jump promises a thrilling experience. Seasonal attractions, like water athletic pools, provide endless fun.

 

 Culinary Delights

 

South Chita is renowned for its fresh seafood, including octopus, blowfish, sole, conger eel, clams, shrimp, and shirasu (whitebait). The region’s agricultural produce, such as oranges, kiwis, grapes, taro, and radishes, further enriches the local dining experience. These abundant natural resources make South Chita a paradise for food lovers, offering a variety of delicious and unique dishes.

 

 Easy Access and Convenience

 

Getting to South Chita is convenient and straightforward. It is easily accessible from Nagoya by train, taking about one hour to Kowa Station, followed by a local bus ride. By car, it’s just a 50-minute drive, making it perfect for day trips or longer stays. From nearby ports, high-speed boats can whisk visitors to Himakajima and Shinojima islands in just 10–20 minutes, enhancing the sense of adventure.

 

 Why Visit South Chita?

 

South Chita is a delightful fusion of natural beauty, cultural richness, and culinary excellence. Whether you’re looking to unwind on the beach, savor fresh seafood, or immerse yourself in local traditions, South Chita has something for everyone. Its proximity to Nagoya makes it an ideal choice for a quick escape or a more extended journey into the heart of Japan's coastal charm. Visit South Chita and discover a world of enchantment and hospitality, where every season brings new experiences to cherish.