Persistent cyber threats, supply chain disruptions and weather and natural disasters are the top three risks for Japanese businesses, according to Aon 's 2025 Global Risk Management survey.
The 29-page "Japan’s Evolving Risk Landscape: Strategic Priorities in a Changing World 2025 Global Risk Management Survey" report reveals that Japanese businesses are navigating a complex landscape marked by persistent cyber threats, supply chain disruptions and weather/natural disasters.
The survey, which gathered insights from nearly 3,000 risk managers, C-suite leaders and executives across 63 countries, highlights the unique risks Japanese businesses are facing amid global disruption.
The report reveals that cyber attacks and data breaches remain the top risk for Japanese businesses, consistent with global trends. Supply chain or distribution failure ranks second, as extreme weather events and mounting geopolitical volatility, including shifting trade policies, force companies to reassess their supply chains.
In addition, product liability/recalls and exchange rate fluctuations pose significant risks, reflecting the country’s manufacturing strength and exposure to global market volatility. Notably, 63.6% of Japanese respondents reported losses due to product liability or recall issues and 47.6% cited losses from exchange rate fluctuations.
Aon Japan CEO Tatsuya Yamamoto said, “Japanese organisations are operating in an environment of unprecedented complexity. Cyber, weather and geopolitical risks continue to be acute challenges for Japan businesses, underscoring the need for robust risk management frameworks and agile strategies.”
He said, “As market trends shift and competition intensifies, vigilance and adaptability will be key. The interconnectedness of risks – where a cyber-attack can disrupt supply chains or geopolitical volatility can trigger regulatory changes – demands a holistic, proactive approach to resilience.”