Country Presentation: Japanese Business and Economy.
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Transcript of Country Presentation: Japanese Business and Economy.
![Page 1: Country Presentation: Japanese Business and Economy.](https://reader036.fdocuments.net/reader036/viewer/2022062304/56649f0e5503460f94c22c86/html5/thumbnails/1.jpg)
Country Presentation:Japanese Business and Economy
![Page 2: Country Presentation: Japanese Business and Economy.](https://reader036.fdocuments.net/reader036/viewer/2022062304/56649f0e5503460f94c22c86/html5/thumbnails/2.jpg)
Objective of this Presentation
Accurate Knowledge about Japanese Business
Gain International Aspect
Prepare for the Japan Trip
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My Background
Ministry of Economy Trade and Industry (METI, former MITI) Overall economic policy
making, trade police, energy policy and industry policies
Areas I worked on: Reforming Corporate Rules
(Commercial Codes, Bankruptcy Codes, Tax, Accounting etc.)
Brand Valuation Model Promoting Venture Business,
PE and Turnaround Business
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Q1 How much is GDP of Japan?(Hint: USA $11 trillion)
$10 trillion
$7 trillion
$4 trillion
$1 trillion
EU
China
Japan
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Size of the Japanese Economy: Japanese economy composes of about 14% of the world economy.
USA, 33.0%
EU, 25.8%Japan, 13.6%
China, 3.8%
Other Countries,
23.8%
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Downturn Japanese Economy in 1990’s -Structural Change in 1990’s-
-
100,000
200,000
300,000
400,000
500,000
600,000
1955
1958
1961
1964
1967
1970
1973
1976
1979
1982
1985
1988
1991
1994
1997
2000
2003
No
min
l GD
P (
bill
ion
yen
)
Burst of the Bubble Economy
Globalization (Especially Financial Market)
Traditional System
New System
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Traditional Japanese System :
Long term and close relationship among Government, Banks, Companies and Employees
Government
Banks & Companies Employees
Short term relationship based on flexible financial market like US Economy.
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Traditional Japanese System :GovernmentClose Relationship
(National Project, Regulation, “Amakudari”)
“Cross Shareholdings”
Employees / Individuals
Lifetime Employment Company Union(Few Industry-wide Union)
“Main” Bank
“Keiretsu”
Company A(Electronics)
Company B(Material)
Company C ・・・・(Automobile)
“So-go Shosha” Trading Company( Distribution, Trade and Investment)
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Changing System :
“So-go Shosha” Trading Company( Distribution, Trade and Investment)
“Main” Bank
Company A(Electronics)
Company B(Material)
Company C ・・・・(Automobile)
Government
Employees / Individuals
Close Relationship (National Project, Regulation,
“Amakudari”) “Keiretsu”
“Cross Shareholdings”
Lifetime Employment Company Union(Few Industry-wide Union)
DeregulationNew Corporate LawsBankruptcy Laws Restructuring
Private Equity
Flexible Job Market
DirectFinancialMarket
Bad Loan Problem