Restaurants owned by foreigners are shutting down as stricter residency rules bite. Since October last year, the Management/Control visa now requires at least 30 million yen in capital and at least one employee, up from 5 million yen and two locals. Although existing businesses have a three-year grace period, the higher funding hurdle is hard to meet, leading to closures in Tokyo and elsewhere, including a Hong Kong porridge shop in Nerima and a Sri Lankan restaurant in Tochigi.