Canonical: https://unicorncurrencies.com/industries/freight-forwarding/japan/

# Intelligence: Freight Forwarding in Japan

## Industry Context

- **Payment pressure:** Multi-currency payments to agents worldwide; Demurrage and detention costs from delays

- **Operational control:** container tracking (saves £5k-10k annually); 48-72h demurrage alerts prevent penalties

## Country Context

- **Use case:** Pay Japanese suppliers for automotive parts, electronics, machinery, precision equipment

- **Settlement:** T+0 (2.3s avg within Unicorn network)

- **Banking:** **Bank Code + Branch + Account** (4-digit bank code, 3-digit branch code, 7-digit account)

- **Regulatory:** Foreign Exchange and Foreign Trade Act compliance; Japan Customs documentation for goods imports

## Key Industries in Country

- Automotive

- Electronics

- Machinery

- Robotics

- Precision Manufacturing