According to the World Trade and Investment Report 2023 by the Japan External Trade Organization (JETRO), global trade is faltering due to a myriad of international conflicts and geopolitical risks. The report indicates that enduring tension in Ukraine, an uptick in trade restrictive measures, and the uncertain relationship between the U.S. and China are undermining the principles of free trade. […]
The Ministry of Economy, Trade and Industry (METI) has released its annual White Paper on International Economy and Trade, following a presentation to the Cabinet. The 2023 edition focuses on global economic trends and their impact on trade as well as policy changes in foreign countries. The first section of the paper discusses the current state of the global economy, […]
The Ministry of Economy, Trade and Industry (METI) and the Ministry of Internal Affairs and Communications (MIC) have released the results of the 2021 Economic Census for Business Activity. The census, which aims to thoroughly evaluate matters related to accounting, including sales and costs across all of Japan’s industry sectors, was conducted on June 1, 2021. The survey found that […]
JETRO has published the results of a survey conducted of 6,607 foreign-affiliated companies based in Japan from October to November 2022. The purpose of the survey is to grasp the current status and trends of foreign-affiliated companies based in Japan, the attractiveness and challenges of the business environment in Japan, and the support needed, as well as to prepare data […]
The global economy is facing significant shifts, according to the 2018 White Paper on International Economy and Trade released recently by the Ministry of Economy, Trade and Industry (METI). These shifts include movements against the free trade system under the WTO, advancement of digital transformation including expanding digital trade, and the rise of China and other emerging and developing economies. […]
People working in Japan are not happy with their pay, and they are increasingly motivated by money. These are the key findings of the recently published 2018 Hays Asia Salary Guide, which underscore the major shift away from lifetime employment and seniority-based pay that is happening in Japan right now. Indeed, “less than 10 percent of workers aged 40-45 have […]
Japan’s Ministry of Economy, Trade and Industry (METI) has released results of its 2017 Basic Survey of Japanese Business Structure and Activities. The report surveyed 28,550 companies with the goal to shed light on how management strategies of Japanese enterprises and industrial structures evolve. Sales and profit conditions Sales per company decreased by 2.9 percent year-on-year to 3.04 billion yen […]
Japanese companies see improved business confidence in Asia and Oceania in 2017, according to a recent survey by the Japan External Trade Organization (JETRO). While being particularly upbeat on opportunities in Southwest Asia, motivation to expand business in China has recovered as well. Increasing profitability With 67.4 percent of respondents estimating an operational profit – an increase by 4.6 percent […]
Tourist spending in Japan topped a record-breaking 4.4 trillion yen ($39.7 billion) in 2017, according to a recent survey by the Japan Tourism Agency (JTA). An increase of 17.8 percent from the previous year, this marked the first time that travel expenditures exceeded 4 billion yen and the fifth record year in a row. By country and region, spending of […]
Total sales of Japanese overseas subsidiaries have improved 8.6 percent from the previous year for July to September 2017, according to a recent survey published by the Ministry of Economy, Trade and Industry (METI). This marks the sixth consecutive quarter of increasing sales. Sales by Region Sales in Asia, the region with the highest ratio of overseas subsidiaries at 50.7 […]
Americans think that Japan is the most important partner of the U.S. in Asia, according to a March 2017 opinion poll conducted by Nielsen Consumer Insights on behalf of the Japanese Ministry of Foreign Affairs (MOFA). The poll is the latest in a series of polls on the image of Japan done almost every year since 1960. For a general […]
In 2016, Japanese exporters had a rough time due to the strong Japanese yen. 2017 has been a bad year for the U.S. dollar, which has lost ground against most currencies. This has helped exporters in Japan, but many would prefer the yen to be even weaker. What does the next year hold for the Japanese currency, and how will […]
Japan sees significant increases in inward foreign direct investment, or FDI, according to the “Invest Japan Report 2017” just published by the Japan External Trade Organization (JETRO). In a new trend, the report finds foreign technology contributing to innovation in Japanese society. Significant increase in Japan’s inward FDI Japan’s inward FDI stock at the end of 2016 was 27.8 trillion […]
The Statistics Bureau of the Japanese Ministry of Internal Affairs and Communications (MIC) has published the Japan Statistical Yearbook 2018. The annual publication is a systematic summary of statistical information published by government and private organisations. The yearbook covers 30 wide-ranging fields such as land, population, economy, society and culture in 539 tables. Read the Japan Statistical Yearbook 2018 here.
Total sales of Japanese overseas subsidiaries have increased 7.9 percent from January to March 2017, according to a recent survey published by the Ministry of Economy, Trade and Industry (METI). This marks the fourth consecutive quarter of increasing sales. Sales by Region Sales in Asia grew 8.8 percent during the quarter, also showing growth for the fourth quarter in a […]
