In this research, we will prepare the flow of examination of effective utilization and succession method for private enterprise. We examine how factors related to business performance not found in guidelines targeting conventional public buildings were examined and whether they influenced the judgment of the method based on actual examples. In this paper (Part 2), we will look at Kabukiza Theatre revitalization project that redeveloped Kabukiza Theatre a special theater for kabuki, the traditional Japanese performing arts, and redeveloped it as a complex, Summarize the findings.