2020 should have been a banner year for Japan, with the Tokyo Olympic Games, Asia’s first Rugby World Cup and the enthronement of its new emperor in 2019. However, the pandemic hit. In 2021 Japan is poised to make up for lost time. Last year in October, the IMF predicted Japan’s economy will expand by2.3% in2021 and the accession to the RECP has boosted its exports again.
But it’s nothing new for Japanese industry. For example, while the pandemic posed challenges for Canon’s businesses, Mitarai, Canon Chairman and CEO, has kept the firm’s historic evolution into a strategically diversified imaging solutions provider on course. Another example is Mogi, Honorary CEO and Chairman of the Board of Kikkoman Corporation, who sees the current environment as a time for strong leadership to leverage the company’s collective wisdom to achieve the best results.
Japan is placed to face challenges head on as the world attempts to adapt to the new normal.
