Japan is one of the most developed and stable economies in the world. According to the International Monetary Fund 2022 data, the country ranks third in the world in terms of nominal GDP, reaching approximately US$5 trillion.
Such economic strength provides stability and predictability in the market, which is especially important for long-term business planning. In addition, low inflation rates contribute to a stable economic environment, allowing Japanese businesses to more accurately predict their financial results.
Japan is distinguished by its advanced achievements in technology and innovation. In the Global Innovation Ranking 2022, the country ranked 13th out of 132, confirming its leadership in research and development. Japan is also recognized as one of the world’s leaders in the number of patent applications, which underlines the active innovation movement and protection of intellectual property. Such conditions are conducive to the establishment of Japanese enterprises in the information technology sector and contribute to the creation of new products and services.
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Japan’s legal and political systems are robust and open. Transparency International ranked Japan 18th out of 180 countries in its 2022 Corruption Perceptions Index, indicating minimal corruption and high levels of trustworthiness in government. Effective protection of intellectual property rights helps protect investment in innovation and technology, which is critical when establishing research and development companies in Japan.