Why are your Japanese colleagues so busy right now? It's probably because of the new fiscal year!
The fiscal year in Japan starts off on April 1st and wraps up on March 31st. This timing is closely tied to the school year, making it a busy period for both businesses and schools.
So, if you're having trouble contacting your Japanese colleagues and everyone seems overwhelmed, now you know why! Just like in the west, the start of the fiscal year is a big deal in Japan. Companies set new budgets, goals, and (specific to Japan) often hire new employees in mass cohorts. It’s a time for fresh starts and planning for the year ahead.
If you’re doing business in or with Japan, knowing about the fiscal year is essential. It helps you sync your strategies and plans with Japanese partners. Whether you're a local or an international player, understanding this period can help you navigate the market better.
Want to know more? At Japan Consulting Office, we specialize in equipping professionals to thrive in cross-cultural environments. Whether you’re looking for group training or one-on-one sessions, we’ve got you covered!
If you want to learn more about bridging language and cultural gaps in Japanese business, why not join one of our sessions! Here’s the link to upcoming sessions (make sure to select your timezone).