Jetro said the poll, which covered Japanese firms in 20 countries/regions, found that this represented the smallest rate of decline (-6.7%) among the six participating Asean countries compared to the 2019 survey.
KUALA LUMPUR: Just over a third – or 36.1% – of Japanese companies in Malaysia surveyed by the Japan External Trade Organisation (Jetro) have expressed an intention to expand in the next one to two years, especially in the food, precision medical devices and transportation industries.
Jetro said the poll, which covered Japanese firms in 20 countries/regions, found that this represented the smallest rate of decline (-6.7%) among the six participating Asean countries compared to the 2019 survey.
Japanese firms in Malaysia face high cashflow deterioration 12 Mar 2021 / 15:53 H.
PETALING JAYA: Japanese companies in Malaysia expect operating income surplus to be at 50%, above the Asean average, but the deterioration of cashflow is remarkably high in Malaysia, according to the Japan External Trade Organization (Jetro).
The deterioration of cashflow is a similar situation faced by respondents in Indonesia. In both countries, “late payment from clients” is seen as the issue that contributes to worsening cashflow.
Jetro said
Japanese affiliated companies operating in six Asean nations projected that their average operating income surplus to be at 43.9% while deficit to be at 37.1% for 2020, a significant decline from the 64.2% and 17.1% expected in the previous year, respectively.
Just over a third or 36.1% of Japanese companies in Malaysia surveyed by the Japan External Trade Organisation (JETRO) have expressed an intention to expand in the next one to two years, especially in the food, precision medical devices and transportation industries. JETRO said the poll, which covered Japanese firms in 20 countries/ regions, found that this represented the smallest rate of decline (-6.7%) among the six participating ASEAN countries compared with the 2019 survey