The latest survey on businesses for foreign visitors by small-scale companies of Japan, conducted by Japan Finance Corporation, finds that a share of answers of “We do businesses to increase sales from foreign visitors” was just 2.9% of the total. A share of “having no business at this moment but plans in the future” was 4.9%, and more than 90% of small-scale companies answered “having no business at this moment and no plan even in the future.”
Major reasons for the negative reactions were “no need to do business (51.5%),” “not foreseeing a positive result because of location or service content (40.8%)” and “having an intention but no ability (7.6%).”
The most answers of “having an intention but no ability” were found in the transportation industry (13.5%), followed by restaurants and the lodging industry (13.2%).
Major reasons for “having an intention but no ability” were “short of knowledge or know-how (57.3%)”and “short of human resources (41.7%)” for restaurants and the lodging industry, and even for the transportation industry, the two reasons were top (46.2% for each).
The following table shows reasons for having no business to increase sales from foreign visitors:
The following table shows reasons for “having an intention but no ability” answered by restaurants and the lodging industry and the transportation industry.
The survey was conducted to 10,000 Japan Finance Corporation partners in early June 2015, and valid answers were from 5,968 small-scale companies.
In Japanese
