Focus: Asia Franchise Markets April 2016 | Page 11

Final Thoughts. Japan Market The Bottom Line The sophistication, infrastructure, economy and amount of spending can not be surpassed in Asia. The consumers are open to exciting new experiences yet there are still few brands in Japan compared to other Asian countries. One reason for this could be the language problem, however with the number of potential partners in Japan who have overseas experience and the drive by the government to globalise more, this should not be seen as a barrier to entry. To conclude: The underlying wealth and the size of the market means Japan has to be on every franchisor's radar as an entry point into Asia. With the right knowledge and targeting a brand can become successful and quickly expand across Japan; if a brand becomes trendy, Japan can generate enormous rewards. Franchise Meets reckons 8/10.