Sari Sakurai

Feb 27, 2024 | lexology.com | Koji Ishikawa |Yusuke Watanabe |Sari Sakurai

Japan’s economy is on a path of recovery and growth, despite facing some short-term headwinds, such as an unexpected recession in the fourth quarter of 2023 and weak domestic demand. These challenges are temporary and do not negate the broader economic improvement that Japan has achieved after 30 years of stagnation. The country has overcome the difficulties of the pandemic and the geopolitical tensions in East Asia, emerging as a safe and stable destination for foreign investment.