Japan

Access insights into the world's third largest matured economy, home to many leading manufacturing industries.

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Overview

Our Tokyo-based economists are well-versed in the Japanese economy and the global macro trends that matter most to the local market. We support our clients in their decision-making with our quantitatively rigorous and non-biased long-term outlook and risk assessment for Japan.

Analysis and forecasting for the Japanese economy

Frequently updated and broadly covered economic and industrial analysis for Japan helps you understand key macro trends that affect your business environment.

Country Economic Forecast

Monthly economic updates for Japan, describing in detail our baseline outlook for the economy, with the assessment of key risks and opportunities, and data tables and charts to highlight trends.

Japan Prefecture and City Service

The service covers all 47 of Japan’s prefectures and 20 designated cities, and provides a wealth of historical data and forecasts for key economic and demographic metrics.

Global Industry Service

Long-term forecasts and analysis of output and investment trends across 77 countries, including Japan, for 100+ industry sectors.

Meet the team

Shigeto-Nagai
Shigeto Nagai

Head of Japan Economics

+81 (0) 3 4588 2797

Shigeto-Nagai

Shigeto Nagai

Head of Japan Economics

Tokyo, Japan

As the head of Oxford’s Asia office, Shigeto helps the firm’s clients understand key macro-economic developments and trends worldwide, and their implications in Japan and across Asia, through written research, meetings and conferences. As a senior member of Oxford’s worldwide economist team, he leads the firm’s Japan research. Shigeto joined Oxford in 2017 from the Bank of Japan, where he was previously Director-General of the BoJ’s International Department, contributing to the BoJ’s official views on the global economy at its Monetary Policy Meetings, as well as leading the BoJ’s liaison with other institutions across the world, including the governments and central banks of key economies and international financial institutions.

Shigeto’s career at the BoJ included senior positions as General Manager for Europe, Associate Director-General in the Monetary Affairs Department, and Director and Head of Global Research. In addition to his expertise in global research, he also has extensive experience in foreign reserve management and central bank cooperation in Asia. He was seconded to the IMF in Washington DC from 1993 to 1996 as a member of the Fund’s economics staff. Shigeto holds an MA in International Relations from the Fletcher School of Law and Diplomacy at Tufts University in the United States and a BA in Economics from the University of Tokyo.

Norihiro-Yamaguchi
Norihiro Yamaguchi

Senior Economist

+81 (0) 3 4588 2797

Norihiro-Yamaguchi

Norihiro Yamaguchi

Senior Economist

Tokyo, Japan

Norihiro is a Senior Economist at Oxford Economics. Based in Tokyo, he is engaged in forecasting and analysing Japanese and APAC economy. Prior to joining Oxford Economics in 2021, he worked as an economist at Meiji Yasuda Life Insurance in Tokyo for 9 years, covering Japan's economy, European economy, and global financial markets. During his time at Meiji Yasuda, he has written quarterly economic outlook, and thematic reports on macroeconomic developments and insurance capital regulations. He holds a Master's degree in public policy from the University of Chicago in the United States, and a Bachelor's degree in economics from the University of Tokyo.

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Our Tokyo office

Our Tokyo office was established in 2017. The local team of economists enables us to understand the market and the trends that are relevant most to Japan.

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