Japanese outward FDI flows 2024, by industry

Investments in the ********************* industry topped the ranking of Japan's outward foreign direct investment (FDI) flows in 2024, reaching a value of around *** trillion Japanese yen. Japanese FDI outflows in the ******************** industry amounted to over *** trillion yen.

Outward FDI

Japan has been one of the leading sources of FDI globally, and its outward FDI stock has almost doubled throughout the past decade. Looking at the geographical distribution in 2023, Japan had the largest FDI position in *****************, followed by the *********** and ******************. At the same time, the **** held the largest inward FDI position in Japan. 

Inward FDI

While Japan has been among the leading FDI investors in recent years, FDI inflows to Japan have been much lower. A closer look at the sectoral distribution of inward FDI revealed that the ********************* industry and the ************** sector were the most important industries attracting inward FDI in 2024. Contrary to the ongoing efforts to attract inward FDI, the government has recently followed the lead of other leading economies in making amendments to its Foreign Exchange and Foreign Trade Act, thereby creating stricter FDI regulations and expanding the list of protected industries.