Part 4/16:

Canon’s closure was not an isolated event; rather, it marked the culmination of a broader withdrawal of Japanese corporations from mainland China. According to a Nikay Asia survey released on November 26th, 2025, rising risks associated with Chinese market volatility and declining market share have compelled Japanese firms to reduce their reliance on China. Investment figures underscore this trend—Japan’s outbound investments plummeted by over 30% in the first half of 2025, signaling a significant retreat.