This PEST country analysis report on Japan provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.
Key Highlights
- The political landscape section discusses the evolution of the political scenario in Japan, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.
- The economic landscape section outlines the evolution of Japan's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment."
- The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education.
Scope
- Understand the political system in Japan through analysis of key figures in the country and governance indicators.
- Understand the economic situation in Japan through a balanced assessment of core macroeconomic issues.
- Understand customer demographics in Japan through analysis of income distribution and the rural-urban split, as well as healthcare and education.
- Understand the technological landscape in Japan through analysis of relevant laws and policies, as well as patents data.
Reasons to buy
- What is the outlook in Japan in terms of political stability, policies towards business, and the popularity of the government?
- How does Japan perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment?
- How does Japan perform in terms of healthcare, income distribution, and education?
- How does Japan perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends?
Table of Contents
Table of Contents
Overview 2
Catalyst 2
Summary 2
Key findings 2
PESTLE highlights 4
Key fundamentals 6
Key Facts and Geographic Location 15
Key ...
Table of Contents
Overview 2
Catalyst 2
Summary 2
Key findings 2
PESTLE highlights 4
Key fundamentals 6
Key Facts and Geographic Location 15
Key facts 15
Geographic location 16
PESTLE Analysis 17
Summary 17
Political analysis 18
Overview 18
Current strengths 18
Current challenges 19
Future prospects 19
Future risks 20
Economic analysis 22
Overview 22
Current strengths 22
Current challenges 24
Future prospects 31
Future risks 34
Social analysis 38
Overview 38
Current strengths 38
Current challenges 39
Future prospects 42
Future risks 44
Technological analysis 46
Overview 46
Current strengths 46
Current challenges 50
Future prospects 52
Future risks 53
Legal analysis 55
Overview 55
Current strengths 55
Current challenges 56
Future prospects 56
Future risks 58
Environmental analysis 59
Overview 59
Current strengths 59
Current challenges 60
Future prospects 62
Future risks 63
Political Landscape 64
Summary 64
Evolution 64
Pre-1945 64
1945–93 65
1993–2017 65
Structure and policies 66
Key political figures 66
Structure of government 67
Structure of legislature 68
Key policies 69
Performance 70
Governance indicators 70
Outlook 71
Economic Landscape 72
Summary 72
Evolution 72
Pre-1950 72
1950–90 72
1990–2017 73
Structure and policies 74
Financial system 74
Stock markets 75
Insurance 75
Performance 75
GDP and growth rate 75
Fiscal situation 80
International investment position 81
Monetary situation 81
Key monetary indicators 82
Banking sector 82
Unemployment 83
Outlook 83
Social Landscape 84
Summary 84
Evolution 84
Structure and policies 84
Demographic composition 84
Education 85
Healthcare 86
Social welfare 86
Performance 86
Healthcare 86
Education 87
Outlook 88
Technological Landscape 89
Summary 89
Evolution 89
Structure and policies 89
Intellectual property 89
Performance 90
Opportunity sectors 90
Outlook 91
Legal Landscape 92
Summary 92
Evolution 92
Structure and policies 92
Judicial system 92
Performance 94
Effectiveness of the legal system 94
Legal indicators 94
Outlook 94
Environmental Landscape 95
Summary 95
Evolution 95
Structure and policies 95
Environmental regulations 95
Environmental actions 96
Performance 96
Environmental impact 96
Outlook 97
Appendix 98
Ask the analyst 99
Disclaimer 99
List of Tables
List of Tables
Table 1: Japan – Key Fundamentals, 2015–2022f 6
Table 2: Japan – Key Facts, 2018 15
Table 3: Analysis of Japan’s Political ...
List of Tables
Table 1: Japan – Key Fundamentals, 2015–2022f 6
Table 2: Japan – Key Facts, 2018 15
Table 3: Analysis of Japan’s Political Landscape 18
Table 4: Analysis of Japan’s Economic Landscape 22
Table 5: Average Monthly Total Cash Earnings Per Regular Employee (in thousands of yen) 28
Table 6: Japanese Government Bonds held by the Bank of Japan as of July 2018 35
Table 7: Analysis of Japan’s Social Landscape 38
Table 8: Analysis of Japan’s Technological Landscape 46
Table 9: Analysis of Japan’s Legal Landscape 55
Table 10: Analysis of Japan’s Environmental Landscape 59
Table 11: Mid-year Population by Age (Millions), 2017 85
Table 12: Patents Received from the US Patent and Trademark Office, 2010–15 90
List of Figures
List of Figures
Figure 1: Map of Japan 16
Figure 2: Business and Consumer Confidence Index, January 2005 to June 2018 23
Figure 3: Gross ...
List of Figures
Figure 1: Map of Japan 16
Figure 2: Business and Consumer Confidence Index, January 2005 to June 2018 23
Figure 3: Gross General Government Debt in Selected Countries, 2017 24
Figure 4: General Government Balance - 2016 25
Figure 5: Substantial Gap Between Central Government Expenditure and Tax Revenue, 2008–2017 26
Figure 6: Farm Household Population, 2009–2015 27
Figure 7: Index of Consumption Expenditure Level, 2013–2016 29
Figure 8: Labor Productivity Growth (Output per Hour of Work), 1985–2000, 2000–2007, 2007–2015 30
Figure 9: Firm Productivity - Value Added per Person Employed in 2013 31
Figure 10: Exports of Goods and Services (% of GDP), 2000–2017 32
Figure 11: Yearly Change in Exports and Exports Performance Index, 2006–2016 33
Figure 12: Corporate Profits Rising while Exchange Rate Depreciating, Q12012 - Q42016 34
Figure 13: Inflationary Trend in Japan, 2000–2017 35
Figure 14: Self-employed with Employees (as a Share of Employed Persons) in 2015 37
Figure 15: Hospital Beds per 1,000 Inhabitants – 2017 39
Figure 16: Age Dependency Ratio (% of Working Age Population), 2000–2017 40
Figure 17: Elderly-related Social Spending, 2020–2060 41
Figure 18: Japan's Well-being Performance - 2016 42
Figure 19: Tertiary Education (ge 25-34) Attainment in 2015 and PISA Result 2015 43
Figure 20: Gini Coefficient, 2007, 2010, 2015 44
Figure 21: Relative Poverty Rate in 2014 or Latest Year Available 45
Figure 22: Researchers per Thousand Total Employment – 2016 47
Figure 23: High-technology Exports (% of Manufactured Exports), 2016 48
Figure 24: R&D Expenditure (as Percentage of GDP) of OECD Countries in 2016 49
Figure 25: Direct Government Funding of Business R&D and Tax Incentives for R&D, 2015 51
Figure 26: Business Enterprise R&D Expenditure by Size, 2011–2015 52
Figure 27: Triadic Patent Families - 2015 53
Figure 28: Tertiary Graduates in the Natural Sciences, Engineering and ICTs (NSE & ICT) 54
Figure 29: Tax Wedge (% of Labor Cost) – 2017 57
Figure 30: Product Market Regulations, 2013 58
Figure 31: Electric Power Generated by New and Renewable Energy, 1990–2015 60
Figure 32: Environmental Taxes, 2014 61
Figure 33: R&D Budgets for Energy and the Environment for 2013 or the latest year 62
Figure 34: CO2 Prices Implicit in Diesel and Petrol Excise Taxes, Q1 2013 63
Figure 35: Japan – key Political Events Since Independence 65
Figure 36: Japan – Key Political Figures 67
Figure 37: Japan – Structure of Government 68
Figure 38: Japan – Composition of Lower House of Parliament 69
Figure 39: Japan’s Historical GDP Growth, 2006–2017 74
Figure 40: GDP and GDP Growth Rate in Japan, 2012–2022f 76
Figure 41: GDP Composition by Sector in Japan, 2016 77
Figure 42: Agricultural output of Japan, 2011–2016 78
Figure 43: Industrial Output of Japan, 2011–16 79
Figure 44: Services Output of Japan, 2011–2016 80
Figure 45: Japan’s External Trade , 2012–2017f 81
Figure 46: CPI and CPI-based inflation in Japan, 2011–2022f 82
Figure 47: Unemployment in Japan, 2011–2022f 83
Figure 48: Expenditure on Healthcare in Japan, 2009–2017 87
Figure 49: Expenditure on Education in Japan, 2011-16 88
Figure 50: Internet Users and Penetration, 2012–2016 91
Figure 51: Japan – Judicial Structure 93
Figure 52: Carbon Dioxide Emissions in Japan, 2008–15 97