The number of new applications for Management & Business Supervisor Visas in Japan has seen a marked drop of 96%. This sudden decrease threatens to impact various sectors of Japan's economy, which heavily rely on this class of skilled foreign workers. While the reasons behind this drop are not explicitly spelled out, it could potentially be attributed to the ongoing global pandemic and the complex process involved in visa approval.

In Japan, emphasis has always been placed on attracting talented foreign individuals to contribute to the national economy. Thus, a decline in such a significant percentage of visa applications might pose a problem as it threatens the availability of skilled workers. This could potentially lead to a gap between the number of available job positions and the capacity to fill them domestically, increasing the pressure on Japan's already strain workforce.

Unlike the U.S or EU where there's a significant debate about high rates of immigration, in Japan, the situation is slightly different due to its shrinking and aging population. Such a decline would be more alarming in Japan as they have been more reliant on foreign workers to support their economy.