Even if you want to expand overseas, you don't know where to start. You don't know who to ask. Even in today's era of globalization, such voices are heard from companies all over the world. Even if a company is willing to take on the challenge, there are many barriers to overcome, and many companies end up abandoning the idea. A cautious company will form an internal team to gather preliminary information and conduct a site visit. After the visit, we analyze the information and carefully examine whether or not there is a market for the company, and if we determine that there is a possibility based on the data, we begin preparations for the establishment of the local company. However, once in the country, they are overwhelmed by business practices and cultural barriers that are completely different from those in Japan, and it takes many years to overcome them. It takes a long time for Japanese companies to expand overseas, which is rare in the world.
On the other hand, when executives themselves boldly challenge themselves to try it first, they very often look for connections and rely on people they happen to meet to expand their business. Sometimes, you will meet a great business partner, but very often, you will also meet someone who is not. Overseas expansion is largely dependent on who you meet. It tends to be a risky development that depends on luck.