Japan PESTLE Insights - A Macroeconomic Outlook Report

Japan PESTLE Insights - A Macroeconomic Outlook Report

Summary

According to GlobalData estimates, financial intermediation, real estate and business activities contributed 25.0% towards GVA, followed by mining, manufacturing and utilities activities (23.7%), and wholesale, retail and hotels utilities (14.1%) in 2022. The three sectors are forecast to grow by 2.6%, 4.4%, and 0.4%, respectively, in 2023.
Three major metropolitan areas in Japan generated 61.5% of the country’s GDP in 2022, and comprised 48.8% of the country’s population, in 2022, according to GlobalData.
NIKKEI 225 Index exhibited a volatile trend over past year. As of February 14, 2023, the index stood at 27,602.8, compared to 27,079.6 on February 14, 2022.

Scope

• In Q2 2022, the country started construction of flash memory manufacturing facilities in Kitakami, Iwate with an investment of $18.2 billion. The project will get operational by Q4 2023.

• Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
• PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
• Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
• This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.