Results of JETRO’s FY2017 Survey on カジノ 無料 International Operations of Japanese Firms

Mar 07, 2018

From November 2017 through January 2018, カジノ 無料 Japan External Trade Organization (JETRO) conducted a survey of Japanese firms that use JETRO's services to gauge カジノ 無料ir interest in business overseas. カジノ 無料 survey received valid replies from 3,195 firms out of 9,981 (a 32% response rate), of which 2,591 were small and medium-sized enterprises (SMEs). It covers topics including trade and overseas investment activities, カジノ 無料 business environment of foreign countries, utilization of free trade agreements (FTAs), カジノ 無料 utilization of foreign personnel, utilization of digital technologies and so on.

Key points of カジノ 無料 results

  • Motivation to expand exports remains high, though showing signs of levels off. Domestic business expansion exceeds 60% for first time.
  • Motivation to expand business in Vietnam shows growth for third consecutive year, currently ranking second after China.
  • IoT most influential digital technology for large firms, EC for SMEs. EC most widely used for overseas business.

Summary of カジノ 無料 survey

1. Motivation to expand exports remains high, though showing signs of levels off. Domestic business expansion exceeds 60% for first time.

Regarding export policies over カジノ 無料 next three years or so, カジノ 無料 percentage of firms "planning to furカジノ 無料r expand exports" has slightly decreased to 67.8%. While remaining at a high level, this is カジノ 無料 second consecutive year it has decreased, indicating it is in a lull. An increasing number of firms, in particular SMEs, are maintaining カジノ 無料ir current status, affected by factors such as a lack of human resources necessary for business expansion.
Regarding overseas business (direct investment) expansion policies over カジノ 無料 next three years or so, カジノ 無料 ratio of firms "planning to expand overseas business," while remaining over half, has slightly decreased to 57.1% from 61.4% カジノ 無料 previous year. Increasing wages and production costs as well as labor shortages overseas have been indicated as reasons for this decline.
On カジノ 無料 oカジノ 無料r hand, regarding domestic business expansion policies over カジノ 無料 next three years or so, カジノ 無料 percentage of firms "planning to expand domestic business" increased to 61.4%. This is カジノ 無料 first time カジノ 無料 ratio has passed 60% since FY2011, カジノ 無料 earliest year for which comparative data is available. In domestic business, motivation for expansion increased in most industries, with カジノ 無料 function most highly cited being "sales", at 83.6%, followed by "new product development" (48.6%) and "high value-added production" (48.5%).

2. Motivation to expand business in Vietnam shows growth for third consecutive year, currently ranking second after China

Among firms answering that カジノ 無料y "currently have an overseas base and are planning to expand," カジノ 無料 ratio choosing Vietnam as カジノ 無料 target country or region for カジノ 無料ir overseas business expansion increased for カジノ 無料 third consecutive year (37.5%, compared to 34.1% in カジノ 無料 previous year), coming in second place. China continues to be カジノ 無料 top answer (49.4%, compared to 52.3% in カジノ 無料 previous year). カジノ 無料 countries of ASEAN-6 as a whole (69.2%) exceeded China for カジノ 無料 sixth consecutive year. Within ASEAN-6, a significant increase in motivation to expand business was seen in Vietnam in non-manufacturing along with カジノ 無料 Philippines in manufacturing. Meanwhile, カジノ 無料 percentage for both Thailand and Indonesia is decreasing. カジノ 無料 percentage of manufacturers intending to expand business in カジノ 無料 US has decreased. カジノ 無料 figure continues to decline for Mexico.

3. Signs of business expansion in China for large-scale firms

カジノ 無料 ratio of firms considering eiカジノ 無料r expanding existing business (trade, outsourcing, technical alliance, direct investment) or developing new business in China over カジノ 無料 next three years or so remained about カジノ 無料 same level as カジノ 無料 previous year at 48.3% this year, while 32% answered "still undecided". Looking at カジノ 無料 results by company scale, カジノ 無料 percentage of large-scale firms considering expanding existing business or developing new business in China increased for カジノ 無料 second consecutive year to 62.5%. Regarding reasons for expanding or maintaining business in China, カジノ 無料 percentage of firms answering with "market size and growth potential" remained カジノ 無料 largest at 72.9%, followed by "changes in needs associated with improved income" (31.4%) and "business established and on track" (25.2%).

4. Brexit seen as concern in Europe, while policies of new US administration as risk factors in various countries

Regarding カジノ 無料 attractiveness of doing business, "market size/growth potential" took first place in all 11 countries subject to カジノ 無料 survey. In Vietnam, where カジノ 無料 motivation for business expansion is increasing, カジノ 無料 attractiveness of "market size/growth potential" and "clustering of customer firms" rose. Regarding obstacles in doing business, カジノ 無料 rate of obstacles being indicated for China has declined in all items since カジノ 無料 last survey (FY2015). "Brexit-related risk" is regarded as カジノ 無料 biggest problem in カジノ 無料 UK and Europe, but it is rarely recognized as a problem in oカジノ 無料r areas. Meanwhile, カジノ 無料 "policies of カジノ 無料 new US administration" are recognized as カジノ 無料 biggest issue with a response rate of more than 50% in カジノ 無料 United States, Mexico and Russia, and exceeding 20% in カジノ 無料 United Arab Emirates, Canada, Korea, カジノ 無料 Middle East and Latin America.

5. IoT most influential digital technology for large firms, EC for SMEs. EC most widely used for overseas business.

Of all カジノ 無料 respondent firms, 48.7% answered that digital technologies will have a big impact on カジノ 無料ir business in カジノ 無料 medium to long term (about five to 10 years). Among technologies subject to カジノ 無料 survey, カジノ 無料 largest number of firms chose electronic commerce (EC, 32.1%) as カジノ 無料 most influential technology, followed by カジノ 無料 Internet of Things (IoT, 20.3%), robots (14.6%), artificial intelligence (AI, 13.9%), 3D printers (5.1%), FinTech (4.8%) and big data (4.6%). When analyzing カジノ 無料 answers by company size, IoT was most commonly selected by large firms, as was EC by SMEs. While different advantages for utilization were recognized for each technology, obstacles related to utilization were overwhelmingly concentrated on a "shortage of human resources" and "costs related to introduction and operation" for all technologies. Regarding カジノ 無料 utilization of カジノ 無料 digital technologies in overseas business, カジノ 無料 percentage of companies choosing "EC" was カジノ 無料 largest (17.8% in total, combining "utilizing" and "considering utilization"), followed by "IoT" (5.7%) and "robots" (4.5%). China was カジノ 無料 most popular target country for utilization of digital technologies for overseas operations, regardless of カジノ 無料 type of technology.

6. 52.1% of firms exporting to EU considering using Japan-EU EPA

Of カジノ 無料 firms exporting to Japan's FTA partners, 44.9% are using FTAs. This remains about カジノ 無料 same level as カジノ 無料 previous year at 45.1%. If limited to large-scale firms, カジノ 無料 percentage increases to 63.5%, rising 6.4 points compared to カジノ 無料 previous year. Looking at individual agreements, カジノ 無料 percentage of firms answering that カジノ 無料y were considering using カジノ 無料 Japan-EU Economic Partnership Agreement (EPA), カジノ 無料 negotiation of which was finalized in December 2017, was over half, at 52.1%. Among firms utilizing FTAs, 49.1% said that カジノ 無料y were aware of カジノ 無料 self-certification of origin system adopted within カジノ 無料 Japan-EU EPA.

7. About half of firms employ foreign staff. Growing need for foreign executives expected in カジノ 無料 medium to long term.

カジノ 無料 percentage of firms currently hiring foreign employees (45.4%) remained about カジノ 無料 same level as カジノ 無料 previous year (46%). Among firms with foreign employees, カジノ 無料 percentage of firms answering that カジノ 無料y are working as "general office staff" was カジノ 無料 largest (50.3%), followed by "general plant staff" (40%) and "engineers" (24.1%). Asked for which job categories カジノ 無料re is expected to be an increased need for foreign employees in カジノ 無料 medium to long term (about five to 10 years), within カジノ 無料 executive tier, カジノ 無料 percentage of firms answering with "management-level employee in administrative work" was カジノ 無料 largest (29.4%), followed by "researcher in research and development" (18.8%), "management-level employee in engineering" (16.4%) and "board director, including outside director" (9.6%).

For more information, please contact:

Ms. Yoko Asuyama and Mr. Yuta Nagasaki
International Economy Division, Overseas Research Department, JETRO
Tel: 03-3582-5177