Radical Changes are Key to Growth of Foreign Investment in Japan
—The Key is Commitment by Corporate Japan & the Government—

June 1, 2015

Yoshiaki Fujimori
Chairman,Committee for EPAs / FTAs
Keizai Doyukai
(President & CEO, LIXIL Group Corp.)

Shusaku Minoda
Chairman,Task Force for Promoting Foreign Investment in Japan
Keizai Doyukai
(Director, OPTHolding, Inc.)

PDF

Introduction

Proposal: Ways of Further Enhancing Japan’s Allure

1. Companies and management should initiate overhauls on their own
   • (1)Overhauling hiring and personnel training
   • (2)Strengthening corporate governance
   • (3)Expansion in scale though M&A and other measures
   • (4)Restructure industries and corporate activities to boost productivity
   • (5)Reinforcing strategies for standardization
2. Strengthening human resources
   • (1)Capability to acknowledge and utilize diversity
   • (2)Nurturing a culture that allows for failure
   • (3)Changing Japan’s mindset
   • (4)English skills necessary to utilize global best practices
3. Seeking government’s overhaul of regulations and systems
   • (1)System overhaul to boost the flow of human resources
   • (2)Tax system that will attract talents professionals
   • (3)Regulatory overhauls to provide consumers with more options
   • (4)Further use of special economic zone designations to revitalize local economies

Conclusion

Appendix 1: Japan’s appeal
Appendix 2: Benefits of an increase in FDI in Japan

• 1.Macroeconomic perspective
• 2.Microeconomic perspective

Japanese version