Doing Business in Japan 2026: Market Trends, Corporate Culture, and Global Risks
For international investors and executives operating in Tokyo, the landscape has shifted. As highlighted in JETRO’s 2024 Investment Report, the market is seeing renewed interest despite currency challenges.
The Outsider Who Challenged a Corporate Giant
Michael Woodford, an "outsider" president at Olympus, exposed a decades-long financial fraud. Facing humiliation and resistance from the company's "old guard," his fight was driven by personal pride and a sense of duty. The scandal revealed a clash between Western individualism and Japan's feudal corporate culture, where loyalty and face-saving took precedence over transparency.