On March 3, 2022, Chairman of Asia Pacific Initiative (hereinafter referred to as API), Yoichi Funabashi, gave a presentation on API’s Economic Security Survey of 100 Japanese Companies at a seminar co-organized by the Society of International Business and Legal Studies and The Japanese Association of International Business Law.

During the seminar moderated by Munetaka Horiguchi, Chairman of the Society of International Business and Legal Studies / Adjunct Professor at Kyoto University, API Chairman Funabashi delivered his presentation titled “Japan’s Economic Security Challenges: What does the survey of 100 companies tell us?” The presentation was followed by a Q&A session with the 53 participants, most of whom are practitioners or members of the academic community.

In addition to presenting the perceptions of Japanese companies when the survey was conducted in November-December 2021, Chairman Funabashi also discussed more recent developments such as (1) the beginning of deliberations in the Japan’s Diet over the government’s economic security legislation, and (2) the economic sanctions imposed on Russia in the wake of the war in Ukraine. He highlighted the increasingly difficult task of balancing economic activities and national security amid such circumstances. He also emphasized that Japan must not only remain “defensive” but also become more “proactive” in formulating its economic security strategy, emphasizing the need for more targeted government support and clearer scope of regulations. Chairman Funabashi and the participants also discussed possible exit strategies for the Russia-Ukraine conflict, the possible emergence of global economic blocs, and the importance of issues such as energy, transportation, food, medical care, and human rights related to economic security.

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●API Researcher’s analysis on questionnaire results
●API’s National Economic Security Strategy Project
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