Doing Business

Political Highlights

Japan is a constitutional monarchy with a parliamentary government. The Emperor does not have any political power and is chiefly the symbol of the state. The Japanese Parliament is called the Diet. It consists of the House of Representatives (480 seats) and the House of Councillors (242 seats). The Cabinet is headed by the Prime Minister, who appoints its members. These are usually members of the Diet, which in turn elect the Prime Minister.

Economic Overview

Japan is the 3rd largest economy in the world. With GDP 1.5 the size of the UK and per capita GDP 6 times that of China, Japan remains the high-tech powerhouse economy of Asia. With the second highest spending worldwide on R&D, a hunger for IP and new trends, and an increasingly globalised outlook, Japanese companies remain amongst the most valuable and technologically advanced in the world. Japan’s major growth driver is exports despite external demand accounting for 16% of its total GDP.

Why Japan?

There are numerous reasons for investing in Japan. For starters, Japan is a large country offering a wide range of business opportunities. Forty-seven prefectures spanning from the metropolitan area of Tokyo to the snow covered tops of Hokkaido each present lucrative opportunities to explore. Cultural and commercial events punctuate the calendar with festivities and exhibitions of various sizes. A mix of exotic and traditional customs, as well as the very latest trends, characterise day to day life in Japan.

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