Half of top Japan business leaders eye U.S. expansion: survey

Executives worry about tariffs and labor costs, stay the course on DEI policies

20250326N U.S. factory

The 25% tariffs on steel and aluminum products implemented by the U.S. in March impose additional costs on Japanese companies. © Reuters

TAKEHIRO HASEGAWA

TOKYO -- Nearly 50% of leaders at major Japanese companies look to ramp up U.S. operations amid President Donald Trump's efforts to draw foreign investment, but many worry about the uncertainty surrounding his administration's tariff plans, a Nikkei survey shows.

Of the 144 companies that provided responses, 28.3% said they plan to expand in the U.S., with another 20.5% considering doing so, while 0.8% have no presence there now but will enter the market going forward. None intend to scale back U.S. business.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.