Indonesia offers a dynamic market landscape and abundant resources for Japanese companies, and Japan’s technological prowess continues to drive innovation across various industries in Indonesia. This synergy is further enhanced by the exchange of talent and expertise, with Japanese companies increasingly investing in local talent with diverse skill sets and global perspectives.
The backdrop of export growth, increasing individual consumption and steady economic development has made the country a promising consumer market, attracting over 1,000 Japanese companies, mainly in the automotive, electronics and resources sectors, to Indonesia. Indeed, Indonesia’s gross domestic product grew 4.9% year on year in 2023, with Japan among Indonesia’s top-five investment and trading partners — contributing to thousands of projects, millions of jobs and decarbonization opportunities for Indonesia.
This being said, substantial changes in the economic environment are making conventional business wisdom and approaches no longer applicable. Therefore, Japanese companies operating in Indonesia are at the forefront of the transformation to achieve sustainable growth in overseas markets.
“In the ever-evolving global business landscape, Japanese companies in various sectors such as manufacturing, technology, new energy and e-commerce are navigating shifts with strategic vision and adaptability, particularly in the Indonesian market. They are embracing innovation and digital solutions facilitated by Deloitte Indonesia Japanese Services Group,” said Heru Supriyanto, JSG partner at Deloitte Indonesia.
With a robust presence and a team that has both international experience and deep local expertise, Deloitte Indonesia JSG specializes in providing comprehensive end-to-end, one-stop services covering everything from compliance to mergers and acquisitions and growth strategies. Be it navigating regulatory intricacies or executing strategic initiatives, we are committed to facilitating the expansion and success of Japanese businesses in Indonesia and beyond.
