Japan is a matured and experienced franchise markets in the ASEAN region that has embraced franchising as a form of business growth strategy since 1970s. Today, there are varied franchise operations in Japan, namely the food and beverage, retail (e.g. convenience stores & lifestyle concepts) & education/service sectors. In 2021, the Japan Franchise Association reported 1,339 franchises & 263,490 franchise locations; the continuous growth of franchising in Japan, is an excellent opportunity for Singapore brands.
There is no specific franchise act in Japan, however, there are various rules governing franchise businesses in the country, which franchisors must comply with. Join us for the comprehensive workshop on 4th January 2023 as your guide to enter Japan.
Emcee Brief
• Japan market overview (Economy, Opportunities, Business/Franchise Trends (fast growing sectors), Government Initiatives/Support)
• Top 3 franchise brands in Japan (key success factors/what did they do right)
• Pros and Cons of the Franchise Model in Japan; potential challenges
• Important considerations for SG brands planning to enter Japan market via Franchising
• Franchise Best Practices in Japan
Presenter:
Mr Chiyuki Ojima
Global Notes
Hear from a Singapore brand owner with success in Japan market
• Why Japan
• How did you enter Japan market
• Subsequent factors that are fundamental to growth
• Insights on landlords and retail space rental in Japan
• Challenges and tips to overcoming pitfalls
• Market outlook in the next 2 – 3 years
• Dos and Don’ts while Franchising in Japan
• Japanese business culture and etiquette (incl live demo)
• Challenges of doing business in Japan
• Group activity
Lunch will be provided
• Legislations & regulations governing franchising in Japan
• Franchise requirements, restrictions & obligations
• Common franchise structures in Japan
• IP protection
• Typical dispute resolution
• Case studies
• Summarising key considerations for Singapore brands intending to franchise into Japan
• What was done right (success factors)
• Key challenges & overcoming pitfalls
• Factors to ensure continued growth in-market
• Tips
• Understanding Japan consumer behaviours
• Marketing your products to Japanese consumers – which platform works
• Language and localisation consideration
• E-commerce trends & regulation
• Consumer protection in Japan
Presenter:
Mr Kentaro Suzuki
Director – Japan
Euromonitor
Click here to register your interest
Contact: Han Ming (+65) 9230 7616 or hanming@flasingapore.org