Vending Machine Meltdown

Japan’s upcoming introduction of new banknotes is set to render millions of vending machines obsolete. These machines, integral to businesses like Hiroshi Nishitani’s Tokyo ramen restaurant, will be unable to accept the new currency.

Nishitani’s decade-old machine, already struggling with recent coin designs, will need replacing—highlighting the financial burden on small business owners due to the periodic updates meant to combat counterfeiting. How can Japan support small business owners facing such financial challenges?

Source: The Japan Times
🔗 Read the full article here.

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