Despite enduring tough conditions due to the ongoing pandemic, Japan’s dining-out market appeared to be on an uptrend in April, driven by eased mask regulations and anticipation of the COVID-19 situation transitioning to the fifth stage. A surge in demand during farewell and welcome parties, as well as spring vacations, further fueled this trend. According to the data published by […]
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Record Profits at Japanese Manufacturers, Wholesalers – METI Survey
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 Upbeat on SW Asia, Mood Recovers on China – JETRO
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 […]