Survey on Foreign Managers in Japan: Overview of Their Managed Corporations

Hello, my name is Taisei Koshida, and I am a certified public accountant and tax accountant.

I aim to assist non-Japanese business owners who need help with reading or writing in Japanese. If you find the Japanese tax return system challenging, I can help you with your tax filings.

This blog may help if you are unclear about the overview of their managed corporations.

Regarding the increasing number of foreign managers in Japan, I will provide an overview based on the 2021 survey by the Japan Finance Corporation.

Number of Employees

Around 40% of the companies they manage, including the proprietors, have 4 or fewer employees. About 25% have between 5 and 9 employees, 15% have between 10 and 19 employees, another 15% have between 20 and 49 employees, and 7% have more than 49 employees.

Industries

The predominant industry is wholesale, at 39%. This is notably high, especially when compared to the approximate 6% among Japanese small businesses, likely due to their involvement in import and export businesses. The information technology industry accounts for about 14%, followed closely by retail and manufacturing at roughly 11% each.

Our accounting and tax office has been actively assisting foreign business owners in Japan with accounting and tax matters. Also, not only in the tax and accounting field, our office can support your business in Japan in the fields of visa, registration, social insurance, and law by networking with specialists. Plus, we have networked with specialists in web marketing, building websites, and business consulting suitable for Japanese customers. All services are provided in English. Please feel free to reach out to us through the inquiry form.