JAPAN BLOG

 

 

INDIA’S CLOUT IN JAPAN RISING

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Japan-Indian political and economic relations will intensify. Prime Ministers Abe and Modi think highly of the potential of complementary relations that might serve both countries directly but also help to keep any regional hegemony by China in check. This week two announcements underlined this trend. Read more

CORPORATE SCANDALS EAT UP PROFITS IN JAPAN FASTER THAN EVER

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Many Japanese firms, in particular manufacturers are currently enjoying high profits as described here yesterday. Others suffer - for example those affected by falling prices for crude oil. But one group stands out – regardless of their industry. Those embroiled in corporate scandals are experiencing profit nightmares unseen in the past.Read more

RISING PROFITABILITY AND GROWTH – FIRST MICRO, THAN MACRO

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Many Japanese firms are back, in terms of profitability but also in terms of competitiveness. Toyota's impressive record sales and record profits are only the tip of the iceberg.Read more

TPP TO COME – SOON

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Japanese business people are confident. An agreement in the TPP talks between Japan and the U.S. will come soon. I do agree.Read more

YOMIURI ATTEMPTS TO BALANCE WWII STATEMENT

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The world (at least the U.S, China and Kora) will closely watch Prime Minister Abe's address to a joint session of the U.S. Congress today as he will be the first Japanese to do so in history. It is interesting to see that back at home the conservative and LDP-friendly Yomiuri newspaper has recently issued various comments that warn Abe not to appear too self-righteous, in particular when addressing Japan's role in the world in the past, present and future. Read more

FREEDOM OF PRESS TO REMAIN IMPORTANT ISSUE FOR JAPAN

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Since last year, more and more foreign observers have been criticizing the Japanese government for attempts of meddling with the freedom of press in Japan. They have been now joined by an unlikely partner, the Yomiuri Shimbun. Read more

Japanese firms get strategic in communicating globally

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More and more Japanese firms get serious about globalization beyond exports and transplants. The latest sign is the appointment of foreign specialists as heads of global communications.Read more

JA Zenchu boss Banzai quits – Reform of agricultural sector proceeds

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I continue to count Abe’s reforms of the agricultural sector to be among the most important achievements of Abenomics so far. The sector and the Central Union of Agricultural Cooperatives (JA Zenchu) have been a decade-long symbol and core of embedded resistance to reforms.Read more

China scores diplomatic victory with AIIB

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The China-led establishment of the Asian Infrastructure Investment Bank (AIIB) turns out becoming a major diplomatic victory for China after 46 countries had joined or applied to become founding members by the 31 March deadline. China positions this new international financial institution as a direct alternative to the Asian Development Bank (ADB) – and indirectly to the IMF and World Bank, which are still dominated by western countries led by the U.S.Read more

Abe on Reform Course

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Abe is aggressively promoting his newest reform drive. And it looks as it could be for real. Read more

Inward FDI to Japan Soars

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Inbound FDI rose 181% last year and reached 1 trillion yen, the highest since 2009. Main investors came from Asia and the U.S. while Europe marked a net outflow.Read more

Japan, the most indebted nation?

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Japan is widely regarded as the most indebted nation on this globe. This is not necessarily true according to a new McKinsey Study.Read more

Asia In ‘The New Global Context’ At Davos

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Asia has long been the engine of global growth - but it is still playing catch-up in Davos.Read more

Japan Stays Cool During Crash of Stocks

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Since yesterday share prices are plummeting around the world and also in Japan. Japanese business media however stay calm. ThereRead more

Abe at Japan Inc. New Year Party

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Today I attended the traditional new year party of Japan's 3 business federations with honorary guest speaker prime minister Abe. His honeymoon with Japan's big business still continues.Read more

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