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Profitable Business In Japan – Many businesses will inevitably be hit hard by the global impact and economic impact of the COVID-19 pandemic. This is unusual for Japan. It can be difficult to start your own business in an unstable job market and economic crisis. However, it provides a great opportunity to start your entrepreneurial dream. The first step in starting a business in Japan is to register your company in Japan. We will look for popular foreign businesses to start in Japan in 2023.
As the world’s third-largest economy after the United States and China, it’s no surprise that Japan remains an important market for international and small businesses. Living and working in Japan is a great experience for many aspiring entrepreneurs, but starting a business in Japan can certainly be challenging. Therefore, before starting a business in Japan, it is important to choose a business idea that meets the needs of the Japanese market. Here are 13 popular businesses you might consider starting:
Profitable Business In Japan
Japan’s high-income consumers are interested in high-quality products and demand for global services. This gives an opportunity to engage in import and export business using the love of Japanese people for foreign products. These include food products, fashion items, cars, furniture and alcohol. Also, people can send goods from Japan back home to sell.
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When there is a need for food and other types of agricultural products in the country, starting an agribusiness is a good option. This is especially true in Japan, because fruits and vegetables, as well as animal products such as eggs and cheese, are in high demand. If you have experience in agriculture, Japan is a good place to start a business. In addition, starting an agricultural business requires a small investment, and it is possible to start a business without a diploma or certificate.
It is common to find foreigners teaching spoken English in public and private schools in Japan. The Japanese are not always fluent in English, according to the EF English Education (EPI) ranking of 55th out of 100 countries in the world. Teaching English gives foreigners a platform to get visas and gain experience if teaching is right for their profession. In addition, you can research the market and determine whether you can develop a career teaching children or focus on business English.
Another business idea that is very popular in Japan is to start a restaurant because of its simplicity. Japan is a culinary culture with many famous Japanese dishes such as mochi balls and sushi. Depending on your preference, you can create restaurant ideas based on your country’s cuisine or Japanese cuisine. Indian curries, British burgers, and American burgers are among the most popular offerings and were born in big cities like Tokyo.
The real estate industry thrives in any fast growing economy like Japan. Japan is one of the only countries in Asia where foreigners can own property. The real estate industry may not be the easiest industry to navigate, but there are many untapped opportunities in Japan for real estate investors.
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Alternative medicine is a profitable industry in Japan, as it is in countries like India and China. As herbal products are in great demand by natural health professionals, this offers many business opportunities in alternative therapies. This line of business is flourishing and profitable in the country. So, if you have knowledge of yoga, Ayurvedic medicine, homeopathic medicine or any other medicine, you should start a business in Japan.
Japan has implemented several regulations on where and when drones can be flown, but the drone delivery business remains one of Japan’s biggest startups. It is about helping our customers deliver their goods and products to their destination using drones. With a commercial drone delivery business, you can open it online or offline or operate without a storefront.
In Japan, people love to be pampered, and this is the Japanese way of receiving massage therapy. Opening a spa is a great business idea if you can develop your niche and offer a unique experience like a Swedish massage. It will be great if you get your massage therapy certification.
Video games are a huge industry in Japan. You can consider setting up game parks and playgrounds in places where there are many players and gamblers. Casinos and gaming centers are a popular industry worldwide, and not just in Las Vegas. Therefore, it is a profitable activity as people who like to play and gamble and are always looking for such opportunities will always be in demand.
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Considering the busy lifestyle of the Japanese people, setting up an online store is just as convenient and profitable as a physical store. Boasting a vast consumer market, the country offers endless opportunities for your retail business. In addition, you can fill your online store with many quality products at very competitive prices. Another advantage of running an online shopping business is that you don’t have to pay rent.
Since many foreigners are familiar with big business in Japan, new business with foreigners is on the rise. However, foreign investors face difficulties in adapting to Japanese business and connecting effectively with customers. As a business consultant, you can help these businesses reach their goals faster by advising them on how to attract more customers, increase sales, and thrive in a highly competitive environment.
This is one of the small businesses you can get involved in if you specialize in event management in Japan. This includes wedding event coordination and event planning. Before starting your own event planning business, you should learn about the event management industry and set yourself apart from your competitors.
Japan has the highest density of vending machines in the world, with 1 in 23 vending machines, according to the Japan Vending Machine Association. Vending machines not only sell food and drinks, but also many products such as books, shoes, clothes, and perfumes. Commercial vehicles are popular with foreigners because they require less supervision. You must always fill the machines with products and park them in high-traffic areas.
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Registering Japanese companies is not a problem if you know all the registration procedures. Tetra Consultants strives to provide our clients with an unparalleled experience in establishing a company in Japan. Our team of experts will ensure that your Japanese company is up and running as quickly as possible.
Tetra Consultants is a consulting company that acts as your advisor and trusted partner in expanding your business. We tell our customers what they need to know rather than what they want to hear. Above all, we are known for providing one-stop service to our valued customers. Contact us now at inquiry@ for a free consultation. Our team of experts will contact you within the next 24 hours.
Previous 4 things you need to know before setting up a company in Ireland Accounting and taxes Next The ultimate guide on how to register your business in the Isle of Man tops this list for your business: Japan and beyond. People are the key to your success. Customers are people, employees are people, your business partners, suppliers, government regulators, and your competitors are people. In Japan, these are the Japanese, and they may think differently than you. Sometimes it’s different than you think. Therefore, you must respect their traditions and work humbly to honor them. If you don’t, no one will like you, your best employees will leave you, and no one will buy your product – you’ll find that to succeed in Japan, you need to at least sell. In the worst case scenario, you will lose the government license you need to do business in Japan. This has happened to several foreign companies that did not follow Japanese government regulations. If you lose the Japanese government license you need for your business, you’ll have to pack your bags and leave. You wouldn’t be the first foreign company to do this.
No time – need an answer tomorrow? Want to enter the market tomorrow without market research? Are you sure your product sells itself? Maybe you should look at another source. There are very few overnight success companies in Japan. There are exceptions to this rule, but if you have a great product, it’s definitely worth it
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