More than half of Japanese companies in the UK continue to shrink

More than half of Japanese companies in the UK continue to shrink their businesses May 24 at 10:16

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In the UK, measures such as restrictions on outings have been gradually eased and economic activity has been restarted, but a survey of local Japanese companies found that more than half of the business escanted their businesses remained shrinking, and the impact on management continued to be severe.
This survey was conducted by the Japan External Trade Organization from this month to The Sun for Japanese companies operating in the UK, and received responses from the company.

According to this, more than half of the companies that said that the scale of their current business had started in the UK, and that they were shrinking compared to the end of the month, and there were also more than half of the companies that said they were closed.

On the other hand, the companies that responded with the same level were the companies that responded to the expansion. In addition, almost all of the employees at almost all companies are working from home, and nearly six percent of them say they have not decided when to return to work, indicating that there is no prospect of a full-fledged business reopening.

Taku Miyazaki, deputy director of the London office, said, “It can be seen that many Japanese companies place importance on ensuring the safety of their employees and are cautious about expanding their visits to the company. Some companies continue to work from home looking for new ways to work, but overall it’s going to take some time for the business to get back to normal.”