When we asked Japanese companies expanding overseas about their business performance this year, more than 60% of the companies expected to be profitable, and they are recovering to levels close to before the corona crisis, according to a survey by JETRO (Japan External Trade Organization). I understand.
JETRO Chairman Nobuhiko Sasaki made this clear at a press conference on the 24th.
This year's survey was conducted from August to September, targeting Japanese companies operating overseas, and received responses from 7,173 companies.
Among them, when asked about the performance of this year, the percentage of companies that expect to be profitable in operating profit is 64.5%, an increase of 1.9 points from the same period last year, reaching a level close to 65% in 2019 before the corona disaster. It means you have recovered.
This recovery trend is also seen in the service industry, which is strongly affected by movement restrictions, and in the "restaurant" and "retail" industries, the percentage of companies expecting a profit is higher than a loss.
On the other hand, many of the companies expanding into China expect their business performance to deteriorate due to the impact of the zero-coronavirus policy. Only 26.8% of companies responded.
JETRO Chairman Sasaki said, "The more thoroughly China implements its zero-corona policy, the more burden it will have on the economy, so I would like to keep an eye on what kind of policy will be taken as the number of infected people continues to rise." said.