TOKYO -- Young Japanese companies are struggling to continuously expand their revenues compared with their peers in the U.S. and Europe, partially owing to their significant lack of access to capital needed for growth, a Nikkei analysis shows.
Over the past five years, sales grew at an annual rate of 3.5% at Japanese companies listed for six to 10 years, less than half the rate at American and European companies. The growth rate of young Japanese companies was also slower than their older domestic counterparts who have been listed for 11 years and longer.
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