Norwich: Doing Business in Japan
Join us for our FREE international event, Doing Business in Japan, sponsored by Barclays
Date: 28 March 2017
Location: Holiday Inn, Ipswich Road, Norwich
Japan's Economy
Japan is the world’s third largest economy in the world - bigger than the UK and Germany combined. In 2014 it made up 6% of world Gross Domestic Product (GDP). Japan remains the high-tech powerhouse economy of Asia. The amount of personal wealth is high, and personal financial assets are one of the largest asset bases in the world. In 2014 £9.4 trillion in financial assets was held by households. Japan has the fourth highest spend worldwide on research and development (R&D) at 3.475% of GDP. 20% of the top global R&D spenders are based in Japan.
Around 450 British companies currently operate in Japan from major FTSE 100 companies to small businesses. Visible high street names include Lush, Ted Baker, Burberry and Fortnum & Mason as well as as specialist companies like BrewDog. Larger multinationals such as Barclays HSBC, GlaxoSmithKline and Rolls-Royce also have a strong presence in Japan.
