Japanese
billionaire Hiroshi Mikitani decided two years ago that the employees at his
company, Rakuten Inc., should work almost entirely in English. The idea, he
said, was a daring and drastic attempt to counter Japan's
shrinking place in the world.
"Japanese
people think it's so difficult to speak English," Mikitani said.
"But we need to break the shell."
|
Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts
30 August 2012
A survival skill in shrinking Japan: Learn English
28 August 2012
Lessons from Japan: Not all companies sink in hard times
Japan
and its stock market have been a tough sell for the better part of two
decades - and with good reason. Nearly a generation after the collapse of its property and market bubbles in the late 1980s, the
country remains hobbled by soaring
deficits, debt and periodic bouts of deflation and despair.
There
was a time when economists regarded Japan as an anomaly among developed countries - a thankfully rare example of
what can happen when timid politicians face an overwhelming financial and
economic crisis armed with ineffective policies and an unwillingness or
inability to tackle contentious fiscal, banking and market reforms.
|
29 July 2012
4 Held Over Software to Copy DVDs
Four employees, including one executive,
of a Tokyo-based publisher were arrested Tuesday for allegedly selling a DVD-copying guidebook bundled with software
able to remove DVDs' copy protection.
The Metropolitan Police Department arrested Yoshiaki Kaizuka, 43, an
executive of Chiyoda Ward publisher Sansai Books Inc., and three other
company employees on suspicion of
violating the Unfair Competition Prevention Law, and sent papers on the firm
to the Tokyo District Public Prosecutors Office. According to a senior police
official, these are the nation's first arrests over the distribution of
software to remove copy protection.
|
27 July 2012
Expected Workforce in 2030 to Fall by 8.45M
The number of employed people may drop by as
much as 8.45 million by 2030 from the 2010 figure of 62.98 million, according
to a labor ministry panel of experts studying the country's employment
policy.
In its report unveiled Monday, the panel emphasized the need for the government
to help women and young people find and secure
jobs because the decline in employees is likely to hinder the nation's
economic growth.
The estimate
of a maximum contraction of 8.45 million was made on the basis of assumptions
that economic growth will remain at zero percent and the number of working
women and elderly will remain unchanged through 2030.
|
24 June 2012
Visit Ancient Temples of Japan with Google's World Wonders Project
A new site from Google puts its Street View tools to work to showcase some of the most storied and
beautiful places on Earth.
Google unveiled this
morning a new undertaking from its Cultural Institute called the World
Wonders Project. On the site, viewers can explore a map with pins marking famed places around the world and
then, aided by visuals from Google's Street View technology, they can go in
and explore "in 360 degrees just as if you were there." The project
currently includes 132 destinations from 18 countries in North and South
America, Europe, Asia, and Australia. No sites from Africa have yet been
included, and the offerings from South America and Asia are noticeably sparse. Google did not say how it had
made decisions about what to highlight,
but that the selection would expand over time. Partners including UNESCO and
World Monuments Fund provided information that runs alongside the virtual
destinations. |
06 June 2012
AirAsia Japan to Offer 5 yen Promotional Fares for Domestic Routes
TOKYO (Kyodo) -- AirAsia Japan Co., a budget airline owned partly by
All Nippon Airways Co., said Wednesday it will start selling one-way tickets
on its website for 5 yen for 10,000 seats on three domestic routes in a
special campaign ahead of its inaugural flight scheduled for Aug.
1.
The promotional tickets are available for flights linking Narita
International Airport near Tokyo to Sapporo, Fukuoka and Naha in Okinawa
Prefecture. The Tokyo-Sapporo and Tokyo-Fukuoka flights will commence on Aug. 1, while the
Tokyo-Okinawa route will start on Aug. 3.
The special tickets will be sold for four days from Thursday to
Sunday for flights from Aug. 28 to Nov. 28.
AirAsia Japan said the minimum regular fare for the Tokyo-Sapporo and
Tokyo-Fukuoka routes will be 4,580 yen and 5,180 yen, respectively. The
minimum fare for the Tokyo-Okinawa route will be 6,680 yen. Passengers will
be charged an additional 150 yen in commission,
the airline said.
|
21 May 2012
Harry Potter heads to Universal Studios Japan
Harry Potter has conquered
the world with books and then with movies. Now he's doing the same with theme
parks. Universal Studios Japan on Thursday will unveil plans to build the first international version of the
Wizarding World of Harry Potter, the blockbuster
attraction that has drawn millions of fans to Universal's Orlando resort and
is coming to Los Angeles.
The Osaka destination -- expected to begin construction in the next
few weeks with a planned opening in late 2014 and an expected cost of about
$500 million -- brings Hogwarts Castle and rides including Harry Potter and
the Forbidden Journey to the boy wizard's biggest market outside of the
United States.
The eight Potter movies grossed nearly $900 million in Japan -- more
even than in his home country of Britain. Products including magic wand
chopsticks have made the Harry Potter brand Japan's most successful
movie-based consumer products line of the last decade.
|
Labels:
Business,
Economy,
Entertainment,
Lifestyle,
World
19 May 2012
PayPal, Softbank to Form Japan Joint Venture, Launch PayPal Here Service
PayPal and Softbank said Wednesday they will form a new joint venture to pursue online transactions
business in the country. The two companies said they will each invest ¥1
billion (US$12.5 million) in the newly established firm PayPal Japan which
will be a 50:50 joint venture. The companies also said they would launch PayPal
Here, a platform that uses small
card swiping attachments to allow smartphones to be used as mobile credit
card readers, in Japan.
For Softbank, which owns Yahoo Japan, a portal with dominant domestic auction and
shopping properties, the deal will provide access to an established global
e-payment platform. Yahoo Japan is largely independent from its troubled
cousin in the U.S.
|
15 May 2012
Lady Gaga auctions teacup to help Japanese artists
TOKYO —
Fans bidding in a
charity online auction to buy a
teacup used once by pop diva Lady Gaga had offered more than four million yen
($50,000) by Tuesday, with five days left before the hammer falls.
The china cup and
saucer set was used by the star at a press conference in Tokyo three months
after the massive tsunami of March
last year swamped a large stretch of coastline.
Lady Gaga told
reporters at the time that she would auction the cup, marked with her
lipstick and bearing the Japanese message “We pray for Japan” along with the
star’s autograph.
All the money raised
will be used to help young Japanese artists who want to study in the United
States.
The cup was put on
“Yahoo! Japan Auctions” at midday Monday, with the starting price of one yen.
The auction is set to finish midnight Sunday.
|
10 May 2012
Bank lending growing fast in Tohoku region
Bank lending is growing faster in the
Tohoku region than in other parts of the country, according to data released
by the Bank of Japan.
At the end of March,
the lending balance in the Tohoku region was 4 percent higher than a year
earlier, against the national average increase of 0.9 percent, the central
bank said Wednesday.
Tohoku
municipalities are increasingly borrowing money to fuel reconstruction following the March 2011 earthquake and tsunami,
said an official at the bank's Sendai branch.
By contrast, the Kinki
region has recorded 44 consecutive
monthly falls. |
08 May 2012
Russia, Japan in Building Gas Pipeline Talks
Russia and Japan are in talks to build a gas
pipeline from Russia to expand gas
supplies to the Far Eastern country, Russian gas giant Gazprom said on
Thursday.
"The parties
have discussed prospects of
increase of natural gas supplies from Russia to Japan in terms of higher
liquefied natural gas production at the Sakhalin Island and implementation of
an LNG plant construction project in Vladivostok," Gazprom said
following a meeting between the company's export head Alexander Medvedev and
Japan's former Foreign Minister Seiji Maehara.
"The parties
also discussed the opportunities for a gas supply project from Russia to
Japan through pipeline," Gazprom said. |
06 May 2012
Sumida River to light up with LED fireflies
By MAAYA KONAGAI
Staff writer
Japan isn't a
difficult place to live. If you want to eat Mexican food, there are Mexican
restaurants. If you want to buy brand-name British clothes, there are shops
and websites that deliver. So Tokyo Hotaru Festival asks the question: What
does Tokyo, where you can get anything, really need now?
The answer, organizers say, has to do with a
return to the past. Long ago, the Sumida River, which runs through Tokyo's
east end, was one of the life sources of the community. The Hotaru Festival
will try to draw attention to an effort by locals to
beautify the river and its precincts.
As May 5 is Children's Day in Japan, there will be a lot of activities for
families to do by the river. |
Labels:
Economy,
Lifestyle,
People,
Technology,
Travel
01 May 2012
Twitter introduces brand pages in Japan, a first for Asia
Twitter first launched brand pages in the US in
December last year and four months later the advertising feature has come to Japan, the first market in Asia. DoCoMo, the
country's largest mobile operator, national retailer Lawson and Warner Entertainment Japan are the first
companies that will take advantage of the pages, according to the Twitter
Japan blog [Japanese], via Asiajin.
It's of little
surprise that Twitter has chosen Japan as its third market to launch brand
pages - behind the US and the UK, the latter of which got the feature in
February - as the micro blogging service has been a runaway success in Japan.
Twitter has broken into the mainstream
in Japan which, in a country that has traditionally preferred domestic
services to those from overseas, is quite an achievement.
Last year Twitter
founder Jack Dorsey took stock of its remarkable growth, which began by
allowing Tamagotchi owners to feed their pets more easily, before becoming
(arguably) Japan's most popular social network.
Proof of Twitter's appeal in Japan came last year when
Mixi, which has been the country's leading social network for some time,
announced an advertising partnership with Twitter to help combat the growing threat of
Facebook. Mark Zuckerberg's service has taken its time to grow, but the last
six months saw its membership double to reach 10 million members in the
country.
|
26 April 2012
Maid cafe waitresses show off their scientific know-how
Girls dressed in French maid outfits running craft classes on soldering, of all things, might seem like something out of Japanese anime.
But this is Akihabara, Tokyo's "Electric
Town," and home to all things anime and "otaku," meaning
geeks.
The workshops are the brainchild of electronics
parts retailer Wakamatsu Tsusho Co.
Akihabara has long been home to many electronics
parts shops. But nowadays, it also serves as "ground zero" for
otaku culture and attracts thousands of enthusiasts of anime, videogames,
cosplay and other pop culture trends.
Wakamatsu came up with the idea of craft classes
run by waitresses in maid costumes to revive interest in the science behind
electronic gadgets.
The company, established 36 years ago, hosted a
free craft session in March at Akihabara Network & Embedded Technology
Center, Akiba NET-kan, in the Sotokanda area of Chiyoda Ward.
In addition to Wakamatsu Tsusho workers and
specialists close to Japan's leading semiconductor manufacturer, Renesas
Electronics Corp., it included Erika Kurosaki and Shion Arimura from Togenkyo
maid cafe as instructors to offer tips on soldering.
Twelve people, ranging from a 6-year-old girl, who
is set to attend elementary school this spring, to a 62-year-old man, joined
the session. After they were given basic tips on soldering, they worked on a
heart-shaped circuit board to complete an LED flasher that plays music.
|
12 April 2012
Sky Tree to offer world's highest bungee jump
Tokyo's newest and
biggest visitor attraction, the 634-meter-high Tokyo Sky Tree in Sumida Ward,
will open to the public on May 22. And if 11th-hour contract negotiations bear fruit, visitors to
the Sky Tree may soon have the opportunity to plummet 430 meters (over 1,400 feet) toward terra firma, in what
is claimed to be the world's highest commercial bungee jump.
The new service, it
was learned, has been quietly undergoing
safety tests late at night. If arrangements can be finalized within this
month, the first customers may be able to take death-defying dives from the Sky Tree from around mid-June.
Because the project
is still tentative, it has been
kept under heavy wraps. To
maintain secrecy while the
negotiations are underway, test
jumps have been conducted in the small hours of the morning, starting in
January. |
11 April 2012
Can Japan Firms Woo Foreigners?
Japanese companies,
increasingly shifting overseas to offset a shrinking domestic market, are taking the first steps to hire
foreigners after long resisting even modest changes to their uniform
workplace culture. But they are now confronting the question about just how drastic that change should be.
Many Japanese
companies say they want foreign workers, but few so far have been willing to overhaul the system - with unequal
pay and few opportunities for promotions - that once dissuaded foreigners from joining in the first place.
A poll last year
conducted by a Tokyo-based staffing agency suggested more than 80 percent of
Japanese companies want more foreigners. But only 10 percent of them said
they were willing to hire foreigners without Japanese language ability. |
10 April 2012
Toshiba exits mobile phone business
Toshiba Corp. has pulled out of the mobile phone
business by selling its 19.9 percent stake
in Fujitsu Toshiba Mobile Communications Ltd. to Fujitsu Ltd., the two
companies said Monday. The company, which sells and markets mobile handsets, was originally set up in October 2010 by taking over Toshiba's mobile phone
operations. It has since been renamed Fujitsu Mobile Communications Ltd. and
is now under the full control of
Fujitsu.
The Regza Phone and
some other Smartphone under the Toshiba brand will continue to be sold by
Fujitsu Mobile for the time being,
they said.
|
Labels:
Business,
Economy,
Science,
Technology
09 April 2012
Japanese computer programming language Ruby approved as global standard
The computer programming language Ruby, invented
by a Japanese, has been approved
by the International Organization for Standardization as a global standard,
the government's Information-technology Promotion Agency said Monday.
Ruby, conceived by software engineer
Yukihiro Matsumoto in 1993, is a scripting
language that executes tasks for
software and runs on Unix, Dos, Windows and Mac operating systems. Matsumoto,
a fellow at Network Applied
Communication Laboratory Ltd., said he welcomes the decision and hopes for
the further spread of the
programming language.
|
07 April 2012
Japan wages rise 1st time in 9 mths, overtime pay up
Wages in Japan rose in February from a year earlier for the first
time in nine months, while overtime pay climbed
for the fifth straight month, partly helped by more working days in the month
than last year, government data
showed on Tuesday. Overtime pay, a barometer
of strength in corporate activity, climbed 3.4 percent in February from a
year earlier, the fastest pace of
growth since the same month last year, the Labour Ministry said.
Average cash
earnings stood at 265,497 yen ($3,200) in February, up 0.7 percent from a
year earlier, following a revised
0.9 percent fall in January.
Total working hours rose
3.0 percent from a year earlier, the highest increase since March 2010. Declines in wages after last year's
earthquake have been gradually stabilising
and analysts expect the economy will recover this year, helped by
reconstruction demand and receding concerns over the global
economy.
(Reuters, Apr 03)
|
04 April 2012
Toshiba exits mobile phone business
Toshiba Corp. has pulled out of the mobile phone
business by selling its 19.9 percent stake
in Fujitsu Toshiba Mobile Communications Ltd. to Fujitsu Ltd., the two
companies said Monday. The company, which sells and markets mobile handsets, was originally set up in October 2010 by taking over Toshiba's mobile phone
operations. It has since been renamed Fujitsu Mobile Communications Ltd. and
is now under the full control of
Fujitsu.
The Regza Phone and
some other Smartphone under the Toshiba brand will continue to be sold by
Fujitsu Mobile for the time being,
they said.
|
Labels:
Business,
Economy,
Technology
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