PETALING JAYA: Almost 60 per cent of the Japanese companies in Malaysia recorded a surplus in their operating income in 2021.
The Japan External Trade Organisation (Jetro) in their survey on Business Conditions of Japanese Companies Operating Overseas in Asia and Oceania famous that 58.7 per cent of Japanese companies operating in Malaysia have forecast their operating profit to be in surplus whereas the share for “loss” dropped from 30.1 per cent to 4.9 per cent.
The share nonetheless is decrease than for many Asean nations and the low operating price throughout lockdowns in 2021 was cited as the rationale.
“For Malaysia, the percentage of companies in surplus has increased by nearly 10 per cent from 50 per cent last year to 59.7 per cent.
“A remarkable difference could be seen between large corporations (surplus at 67.7 per cent and SMEs (surplus at 41.1 per cent).
“All six Asean countries (Malaysia, Singapore, Thailand, Indonesia, Vietnam and Philippines) see a huge decline in “loss” for his or her operating profit forecast for 2022,” the survey discovered.
The examine which was performed from August 25 till September 24, 2021 focused 14,175 Japanese companies operating in 20 nations.
The variety of Japanese companies that plan to broaden and diversify their enterprise capabilities in Malaysia in the subsequent few years has additionally elevated with many citing “sales function” as the rationale for growth.
Employees’ wage increments proceed to be the highest administration difficulty in all six nations together with Malaysia.
“In Malaysia 51.8 per cent of the companies are particularly concerned about “Quality of employees.
“There are also more companies in Indonesia and Malaysia that selected “Emergence of competitors (cost-wise) compared to last year,” the report mentioned.
A complete of 70 per cent of Japanese companies in Malaysia recognise human rights in the provision chains as a administration difficulty.
