With turnover of USD140 billion, Japan accounts for 45.8% of the Asia Pacific total in 2020. The industry’s profitability decreases and stands at 7.7% of turnover in 2020, the 19th highest in the region. The costs of the industry decrease by 1.4% in 2020, largely driven by declining labour costs. The total number of companies decreases in 2020, to 2,340 units. The industry is fragmented, with the top five companies generating 5.3% of total turnover in 2020. Japan Aerospace Exploration Agency is the largest company in Japan, generating 1.5% of the industry’s total turnover in 2020. B2B drives market demand, with B2B spending representing 88.2% of total demand in 2020.
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This Euromonitor industrial report provides unique information on Research and Development in Japan: ISIC 73. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Research and Development in Japan: ISIC 73 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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