More than half of Japanese companies operating in South Korea plan to expand their business in the near future on expectations of more demand, a survey showed Tuesday.
According to the survey of 231 Japanese companies doing business in Korea, 52.8 percent said that they plan to expand their businesses here "within one or two years."
The survey conducted by the Japan External Trade Organization, however, showed that the ratio was 7.6 percentage points down from the same poll conducted a year earlier.