Greenfield Overseas Assistance Co., Ltd., which provides U.S. visa application support services, conducted a survey on the state of Japanese companies’ U.S. business operations and visa management. The results found that even amid concerns over policy uncertainty in the United States, 72.4% of companies expect future visa demand to either remain steady or increase. The findings highlight that Japanese companies continue to stay engaged with the U.S. market while factoring in risk. Survey summary: 72.4% expect visa demand to remain steady or increase; U.S. operations are mainly expected to stay unchanged or expand selectively; around 30% reported negative policy impacts, while a majority said there was no impact, showing divided assessments. Background: In recent years, changes in U.S. immigration, employment, and foreign policies have increased uncertainty for Japanese companies’ overseas expansion and personnel deployment. The survey was conducted to clarify how companies evaluate their U.S. operations and how they are responding in visa management. Survey overview: Respondents were corporate staff involved in U.S. visa application support; valid responses came from 352 companies; the survey was conducted online with 19 questions; it was distributed via newsletters to the company’s in-house list; the survey period was March 24 to April 7, 2026. Key findings: First, assessments of U.S. policy changes were mixed. While some companies viewed the changes as having a negative impact, many said there was no particular impact, with differences depending on industry and business model. Second, Japanese companies’ U.S. operations remain broadly stable despite policy uncertainty, with future investment plans centered on maintaining the status quo or expanding selectively. This indicates that companies are choosing continued engagement based on risk assessment rather than withdrawal. Third, regarding visa application outlooks for the next one to two years, companies answering