16.12.011,919 Japanese Firms have 5,931 Bases in NAFTA Economies

A total of 1,919 Japanese enterprises operate 5,931 business footholds in the three economies that have signed the North American Free Trade Agreement (NAFTA), according to a survey conducted by Tokyo Shoko Research, Ltd. (TSR). Manufacturers hold the largest share of the 5,931, many of which are engaged in auto-related activities.

By member, 5,010 bases are located in the U.S. (share: 84.4%), 392 in Canada (6.6%) and 529 in Mexico (8.9%). By business activity, 2,047 are run by manufacturers, 1,628 by wholesalers and 989 by service providers, among others. Manufacturers enjoy a share of nearly 50% in Mexico (256 out of the 529, or 48.3%), in which many businesses from Japan have made inroads in recent years.

“If Donald Trump reviews the NAFTA and/or reduces tariffs when assuming the U.S. presidency, Japanese enterprises would need to reconsider and/or redevelop their global strategies,” said TSR. “If so, a major impact might be made on the Japanese economy, too.”