Top 10 Small Business Investment
Opportunities in Japan
What are the best small business
investment opportunities in Japan? Do you want to know what it takes to start a
business in Japan? Do you want to know the best businesses to start in Japan? Then I advice you read on.
Being a country with a vibrant and
booming economy, Japan has the second most technologically powerful economy in
the world after the United States. The country also has the third largest
economy in the world after the United States and China, when measured on a
Purchase Power Parity basis. It also ranks as both the fourth largest importer
and the fourth largest exporter.
Japan now serves as a trend-setting
market, not only for industrial applications but also for consumer styles and
trends. And with enough manpower and adequate and reliable power supply, Japan
is a good place for aspiring investors to explore. So here are the top ten
business opportunities in Japan that will bring quick returns on
investment for smart investors:
Top 10 Small Business
Investment Opportunities in Japan
1. Pharmaceutical
Japan has the world’s 2nd largest pharmaceutical industry with a total
market value of over $60 billion. This proves that pharmaceutical products such
as drugs and other forms of medication are in huge demand in Japan. So,
investors can make it big in this sector. If you have in-depth knowledge of the
pharmaceutical industry, then Japan is a good place for you to go start your
own business.
2. Information technology
Again, Japan is the world’s second largest IT market in the world. The
country’s IT industry caters to a huge local and international market. So, there
are huge opportunities for experts in anything related to information
technology. If you have a solid background in information technology and have a
knack for developing innovative solutions, then Japan is waiting to reward your
expertise. Better yet, you can start a business that sells various IT
solutions.
3. Energy
As Japan keeps developing by the day, the rate of energy consumption in the
country is increasing. And more opportunities keep emerging for investors to
make money from the energy sector.Although the industry is somewhat
competitive, smart investors with strong unique selling points will always have
their way through the market.
4. Retail
Retailing is very lucrative in Japan, just like in many other
countries. There is a large population to cater to, and so the market is large
and the opportunities are unlimited. To start a retail business in
Japan, you buy products from the manufacturers using your own funds and sell
them, but this approach may be capital intensive.
A smarter approach is to collaborate with manufacturers and get their
products. You will only pay them back after you have sold the products. Amazon
adopts the latter approach.
5. Manufacturing
Japan has many manufacturing firms because the country is rich in the raw
materials used in most industries. So, you can easily start a manufacturing
business in Japan because the raw materials are readily available. You can
start a small-scale manufacturing business; for example, one that produces
items like nails, or a plastic making factory.
6. Agriculture
Agriculture thrives in any economy because of the ever-huge demand for
food and other agricultural products. In Japan, there is high demand for fruits
and vegetables as well as livestock products such as eggs and cheese.
So, if you have a knack for agriculture, Japan is a very good place to start a
business. And the good thing about agriculture is, you can start with little
capital and without any formal qualifications or certifications.
7. Real estate
In any fast-growing economy, the real estate industry booms like wild. This
runs true for Japan as well, leaving many untapped opportunities in the country
for real estate investors. So, if you are looking to start a business in Japan
or some other fast growing country, real estate is a good option.
Because more foreigners are becoming aware of the huge business
opportunities in Japan, new businesses by foreigners spring up daily. However,
these businesses are usually faced with the challenge of adapting to the
business climate in Japan and connecting well with customers. As a business
consultant, you can help these businesses achieve their goals quickly by
offering them expert advice on how to attract customers, increase sales, and
thrive amid competition.
9. Alternative medicine
Alternative medicine is a lucrative sector in Japan, just as is the case in
countries like China and India. There is huge demand for natural health
practitioners and herbal medicine products. So, if you have good knowledge of
ayurveda, yoga, homeopathic medicine, or some other practice in
alternative medicine, starting a business in Japan would most probably turn out
profitable.
10. Jewelry
Japanese women love fashion. And for this reason, there is huge demand
in the country for women’s clothes, shoes, and jewelry. If you are looking to
start a business in Japan, sell jewelry and other clothing accessories,
especially those meant for women.