Most foreign companies in Japan expect business confidence to remain flat over the next six months, although there are signs of improvement on the horizon, according to a joint survey recently released by foreign chambers of commerce.
The Business Confidence Survey, conducted in April by the Foreign Chambers Information Group, shows foreign firms continue to see Japan as a "land of opportunity," with 77 percent adopting strategies for growth, the FCIG said Wednesday.
It was the first time a survey has been conducted jointly by foreign chambers of commerce in Japan. Fourteen chambers and business groups from North America and Europe took part, with 450 of the some 2,300 firms contacted responding to the poll.