Tokyo HQs no longer such a capital idea for Japan Inc.

Telework success spurs more companies to look at shifting staff to regions

20200924 yonago and tokyo

Yonago city in Tottori prefecture, left, and Tokyo: Companies based in the capital are moving some of their functions to other parts of Japan. (Source photos by Ken Kobayashi and Shihoko Nakaoka)

ERI SUGIURA, Nikkei staff writer

TOKYO -- Growing numbers of Tokyo-based companies are considering relocating some of their functions to other parts of Japan, spurred by a desire to minimize risks in the wake of the coronavirus pandemic.

Half of Japan's listed companies are concentrated in the capital, but teleworking, which has become common due to the COVID-19 outbreak, presents an opportunity for these companies to escape Tokyo's congestion and seek better living environments for their employees.

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