Slight negative feelings to foreigners buying Japanese companies noted
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Just recently japan.internet.com published the result of a survey conducted by JR Tokai Express Research into foreign-affiliated companies. As finance is one field I know little about, please let me know if I get some of the terminology wrong!
Demographics
On the 14th of March 331 people from JR Tokai Express Research’s monitor group employed in private industry successfully completed a private internet-based questionnaire. 77.9% of the sample was male, 16.6% in their twenties, 43.8% in their thirties, 31.1% in their forties, 7.3% in their fifties, and 1.2% in their sixties.
This topic has, I think, been in the news recently, but I can’t find anything about it. The nearest bit of English news I’ve discovered is this piece from Japan Economy News on a foreign-led shareholder revolt.
Survey results
First, recently it seems that the number of foreign-affiliated Japanese companies with Japanese CEOs/Managing Directors has been increasing.
Out of the 331 people in the sample, 306 worked. (I think the implication is at a non-foreign-affiliated Japanese company)
Q1: At your place of work, has a foreign-affiliated Japanese company been dealing in your shares? (Sample size=306)
Yes (to SQ1) 48.0% No 39.2% Don’t know 12.7% Q1SQ1: Is the president of one of the foreign-affiliated Japanese company that has been dealing in your shares a foreigner? (Sample size=147)
Yes (to SQ2) 49.7% No 23.8% Don’t know 26.5% Q1SQ2: Is there any merit or demerit regarding share dealing if the president of a foreign-affiliated Japanese company that has been dealing in shares is a foreigner? (Sample size=73)
Has merit 0.0% Has some merit 4.1% Can’t say either way 35.6% Has some demerit 11.0% Has demerit 2.7% Is not merit or demerit 17.8% Don’t know 28.8%
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