What are normal payment terms in Japan?

The standard payment terms in Japan are "payment after delivery" (手形決済). Depending on the industry, the payment terms can range from 30 to 90 days.

Generally, the payment terms for international transactions may differ from domestic ones. For instance, foreign customers may be required to pay a deposit in advance, or the payment due date may be shorter than the standard 30 to 90 days.

Additionally, due to the recent global disruptions caused by the COVID-19 pandemic, some companies in Japan may offer more flexible payment terms as part of their efforts to support their customers and partners during these challenging times.

Therefore, it's essential to always verify and agree upon the specific payment terms with your business partners or customers in Japan before entering into any commercial agreements.