Vending Machine(自動販売機, jidōhanbaiki) are those machine from which you can buy small things like beverages,Cigarettes,sweets and many more by inserting the money into it. The first Vending Machine was built in Early 1880`s in England by Hero of Alexandria.
According to JapanTimes the first vending machine in japan was made by Koshichi Tawaraya in 1888.There are around 5 millions vending machines in Japan nationwide, It is the highest number of vending machines per capita in the world.It can be found all over the cities,Towns and even in the countryside in Japan.
The main reason behind the popularity of vending machine in Japan are mention below:-- Convenience.:-Japan is famous For its Long work hours . The result of that is less time.Then, there’s nothing more convenient than grabbing a quick and tasty drink from a vending machine on the way! Also it make possible to the office worker warm comforting drink or even soup no matter the time of day.
- Safe:-Another main reason is saftey, even if the vending machine is installed in the public places , it rarely get broken.
Historically, Japan has been a cash-based culture, so most traditional vending machines are coin-operated. However, By developing new technology that allows new features like newer versions found in large cities are equipped with touch-screen technology and accept most forms of payment, like credit cards or IC Cards .
Are vending machine are profitable in Japan?
Yes, they are profitable in Japan.The national average sales for a vending machine is about 400,000 yen a month.Sales can be much more higher in the Prime Location like train station,Park etc. There are around 5 Millions vending machine in japan.According to business insider their annual sale of vending machine in Japan is around $60 billion .