M&A Demand Driven by the Aging of SME Owners and the Lack of Successors

「帝国データバンクが公表した全国「後継者不在率」動向調査（2025年）では後継者不在率は50.1%と徐々に低下傾向が認められるものの、依然として高い水準を維持しております。また、業界再編の手法としてのＭ＆Ａが有力な選択肢として活用が進んでいることで、成長戦略の一環としてＭ＆Ａのニーズは高まっております。」

「当社グループの事業領域である中堅・中小企業のＭ＆Ａ市場においては、中小企業・小規模事業者の経営者の高齢化を背景とした後継者問題が引き続き重要な課題となっております。帝国データバンクが公表した全国「後継者不在率」動向調査（2025年）では後継者不在率は50.1%と徐々に低下傾向が認められるものの、依然として高い水準を維持しております。また、業界再編の手法としてのＭ＆Ａが有力な選択肢として活用が進んでいることで、成長戦略の一環としてＭ＆Ａのニーズは高まっております。補助金制度や税制改正など行政によるＭ＆Ａ促進に向けた取組も講じられており、今後も引き続き市場は堅調に拡大していくものと考えております。」

「According to Teikoku Databank's 2025 survey of trends in the nationwide rate of businesses without successors, the rate was 50.1%. Although it has gradually declined, it remains at a high level.」

「全国の経営者の年齢分布に占める60代以上の割合が高止まりする一方で、40代以下の割合は減少傾向にあり、中小企業経営者の高齢化が進行しております。また、株式会社帝国データバンクが行った「全国「後継者不在率」動向調査（2024年）」によれば、回答者のうち後継者不在と回答した割合は2017年以降、徐々に低下しているものの50％以上という結果が継続しています。」

「Demand for M&A is increasing in our M&A advisory business as the successor problem facing owners of SMEs and small businesses becomes more serious due to their aging, and M&A becomes increasingly recognized as a leading option for industry consolidation. We believe that the market will continue to expand steadily.」

「企業は事業活動を通じて企業内に人材、設備、技術、信用、顧客等、固有の価値を蓄積していますが、「2024年版中小企業白書」によれば、全国の経営者の年齢分布に占める70代以上の割合が高止まりする一方で、40代以下の割合は減少傾向にあり、中小企業経営者の高齢化が進行しております。また、株式会社帝国データバンクが行った「全国「後継者不在率」動向調査（2024年）」によれば、回答者のうち後継者不在と回答した割合は2017年以降、徐々に低下しているものの50％以上という結果が継続しています。」

「Demand for M&A is increasing in our M&A advisory business as the successor problem facing owners of SMEs and small businesses becomes more serious due to their aging, and M&A becomes increasingly recognized as a leading option for industry consolidation. We believe that the market will continue to expand steadily.」

「全国の経営者の年齢分布に占める70代以上の割合は増加する一方で、40代以下の割合は減少傾向にあり、中小企業経営者の高齢化が進行しております。また、株式会社帝国データバンクが行った「全国企業「後継者不在率」動向調査（2022年）」によれば、回答者のうち後継者不在と回答した割合は2017年以降、徐々に低下しているものの50％以上という結果が継続しています。」

「Demand for M&A is increasing in our M&A advisory business as the successor problem facing owners of SMEs and small businesses becomes more serious due to their aging, and M&A becomes increasingly recognized as a leading option for industry consolidation. We believe that the market will continue to expand steadily.」

「Demand for M&A is increasing in our M&A advisory business as the successor problem facing owners of SMEs and small businesses becomes more serious due to their aging, and M&A becomes increasingly recognized as a leading option for industry consolidation. We believe that the market will continue to expand steadily.」

「Demand for M&A is increasing in our M&A advisory business as the successor problem facing owners of SMEs and small businesses becomes more serious due to their aging, and M&A becomes increasingly recognized as a leading option for industry consolidation. We believe that the market will continue to expand steadily.」

「全国の経営者の年齢分布に占める70代以上の割合は増加する一方で、40代以下の割合は減少傾向にあり、中小企業経営者の高齢化が進行しております。また、株式会社帝国データバンクが行った「全国企業「後継者不在率」動向調査（2022年）」によれば、回答者のうち後継者不在と回答した割合は2017年以降、徐々に低下しているものの50％以上という結果が継続しています。」

「Demand for M&A is increasing in our M&A advisory business as the successor problem facing owners of SMEs and small businesses becomes more serious due to their aging, and M&A becomes increasingly recognized as a leading option for industry consolidation. We believe that the market will continue to expand steadily.」

「Demand for M&A is increasing in our M&A advisory business as the successor problem facing owners of SMEs and small businesses becomes more serious due to their aging, and M&A becomes increasingly recognized as a leading option for industry consolidation. We believe that the market will continue to expand steadily.」

「Demand for M&A is increasing in our M&A advisory business as the successor problem facing owners of SMEs and small businesses becomes more serious due to their aging, and M&A becomes increasingly recognized as a leading option for industry consolidation. We believe that the market will continue to expand steadily.」

「The proportion of business owners aged 70 or older has been increasing as a share of the nationwide age distribution, while the proportion aged 40 or younger has been declining, indicating that SME owners are aging. According to Teikoku Databank, Ltd.’s “2021 Survey of Trends in the National Rate of Business Owners Without Successors,” the proportion of respondents reporting that they had no successor has remained above 60% since 2011.」

「Demand for M&A is increasing in our M&A advisory business as the successor problem facing owners of SMEs and small businesses becomes more serious due to their aging, and M&A becomes increasingly recognized as a leading option for industry consolidation. In addition, the market continues to expand, supported by government measures promoting business succession, including the Small and Medium Enterprise Agency’s preparation of the “SME M&A Promotion Plan.”」

「Demand for M&A is increasing in our M&A advisory business as the successor problem facing owners of SMEs and small businesses becomes more serious due to their aging, and M&A becomes increasingly recognized as a leading option for industry consolidation. In addition, the market continues to expand, supported by government measures promoting business succession, including the Small and Medium Enterprise Agency’s preparation of the “SME M&A Promotion Plan.”」

「Demand for M&A is increasing in our M&A advisory business as the successor problem facing owners of SMEs and small businesses becomes more serious due to their aging, and M&A becomes increasingly recognized as a leading option for industry consolidation. In addition, the market continues to expand, supported by the Small and Medium Enterprise Agency’s preparation of the “SME M&A Handbook” and “SME M&A Guidelines” and government measures promoting business succession.」

「The proportion of business owners in their 70s and older is increasing as a share of the nationwide age distribution, while the proportion aged 40 and under is declining, indicating that SME owners are aging. The proportion of respondents reporting that they had no successor has remained at 65% or higher since 2011.」