According to a survey conducted in 2020, the high cost of doing business was considered an obstacle to business development in Japan by a majority of foreign affiliates in Japan. While about 75.1 percent regarded high costs for labor, tax, and real estate as a barrier towards business expansion in Japan, more than 50 percent named difficulties with securing personnel as an inhibiting aspect.
Leading aspects inhibiting business development in Japan among foreign affiliates in 2020
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Supplementary notes
*Intragroup transactions, connections, shortage of market information in English, business practices, etc.
**Long time required from application to approval, complicated procedures, etc.
***Admittance system of schools, hospitals, etc. for foreigners; lifestyle differences, etc.
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METI (Japan). (June 30, 2021). Leading aspects inhibiting business development in Japan among foreign affiliates in 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1256527/japan-main-obstacles-business-development-foreign-affiliates/
METI (Japan). "Leading aspects inhibiting business development in Japan among foreign affiliates in 2020." Chart. June 30, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1256527/japan-main-obstacles-business-development-foreign-affiliates/
METI (Japan). (2021). Leading aspects inhibiting business development in Japan among foreign affiliates in 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1256527/japan-main-obstacles-business-development-foreign-affiliates/
METI (Japan). "Leading Aspects Inhibiting Business Development in Japan among Foreign Affiliates in 2020." Statista, Statista Inc., 30 Jun 2021, https://www.statista.com/statistics/1256527/japan-main-obstacles-business-development-foreign-affiliates/
METI (Japan), Leading aspects inhibiting business development in Japan among foreign affiliates in 2020 Statista, https://www.statista.com/statistics/1256527/japan-main-obstacles-business-development-foreign-affiliates/ (last visited July 22, 2024)
Leading aspects inhibiting business development in Japan among foreign affiliates in 2020 [Graph], METI (Japan), June 30, 2021. [Online]. Available: https://www.statista.com/statistics/1256527/japan-main-obstacles-business-development-foreign-affiliates/
