An exodus of manufacturing jobs from Japan may prolong trade-balance concerns after the nation reported its first annual trade deficit in 31 years last week.

Panasonic Corp., the nation's largest appliance maker, is moving the headquarters of its $57 billion procurement operation to Singapore in the year starting April 1.

Honda Motor Co., the nation's third-largest carmaker, said this month it will build its new NSX "supercar" in Ohio as the company shifts more output to North America.