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Japan Japan Presentation Transcript

  • Japan
    Jacob Babcock
  • Where in the world is Japan?
  • Overview
    Capital – Tokyo
    8 regions
    47 Prefectures
    Bodies larger than cities, towns, and villages
    Currency
    1 Dollar = 90.6 Yen
    3rd most traded after Euro and Dollar
    Global Edge.msu.edu
  • History
    Attack on Pearl Harbor, December 7th, 1945
    Atomic Bomb - Hiroshima August 7th, 1945
    Occupied until 1951 under General Macarthur
    Peace treaty –45 Nations; 1951
    Ally with U.S. today
    Globaledge.msu.edu
  • Geography
    4 main Islands
    Over 3,000 smaller ones
    Earthquakes – August 6.7
    8 main areas
    65 % Forests
    Mountains
    Mount Fuji
    Coastlines
  • Natural Resources
    Access to ocean
    Rice
    Wood
    Wheat
    Barley
    Oats
    Apples
  • Infrastructure
    • Ports
    • 128 Major, 951 Local
    Japan is known to have some of the most highly developed transportation systems in the world.
  • People
  • Religion
    2 % Christian
    Most consider themselves Buddhist, Shinto, or both.
    Does not play big role in everyday life.
  • Education
    Elementary – 6 years
    Junior High – 3 years
    High school – 3 years
    College
    Public school until Middle School
    Private very popular
    Played big part in economic growth and recovery from WWII
  • Language
    Primarily Japanese
    Konichiwa! Good day, or Good afternoon
    Do people in Japan speak English?
    It is a problem - Trying to increase English fluency
  • Values and Attitudes
    Saving Face
    Harmony – Work together
    Non verbal Communications
    Hierarachy
    Schools – Address as senior (senpai) or junior (kohai)
  • Public Behavior
    Meeting Etiquette
    Wait to get introduced, bow head slightly
    Gift Giving
    Very ritualistic
    Dining
    Shoes off, Show on time – Toilet slippers!
    Table manners
    Wait to be seated, Chopsticks
  • Business Dress
    • Be conservative!
    • Men – Business Suits
    • Women – No pants, little or no accessories
  • Business Practices
    Low expectations
    Impress them!
    Appointments Required
    Listen – eyes closed
    Non – confrontational
    Yes or no answers
    Business Cards
    Addresses
    Prefecture, Municipal, City District , City Block, House Number
  • Hofstede’s Dimensions
    High Masculinity
    Low Individualism
    High Uncertainty Avoidance
    Collective culture that avoids risks and have little personal freedom.
  • Major Industries
    Motor Vehicles
    Toyota, Nissan, Honda
    Electronic Equipment
    Machine tools
    Ships
    Textiles
    Telecommunications
    Construction
  • Labor Force
    20 % of Japanese 65 +…40 % by 2055
    Big concern for future
    Will reduce number of workers
  • Government
    Monarchy – Emperor (Akihito)
    (Power very limited) -Symbol of the state and unity of the people.
    Next in line – Prince Naruhito
    Prime Minister of Japan - Yukio Hatoyama
    House of Representatives (480 )
    Prime Minister appointed by Emperor after being designated by the House.
  • Economic Indicators
    World’s 2nd largest economy & GDP
    Strive on relationship with U.S.
    Recession in 2008 – 2 % GDP
    Japan
    GDP (per capita)
    $34,200
    Inflation Rate
    1.4%
    Ease of Doing Business
    12/181
    Global Competitiveness
    5/134
    United States
    GDP (per capita)
    $46,900
    Inflation Rate
    3.8%
    Ease of Doing Business
    3/181
    Global Competitiveness
    1/134
  • Economic Alliances
    ASEAN (Association of Southeast Asian Nations)
    WTO (World Trade Organization)
    APEC (Asia-Pacific Economic Cooperation)
    WIPO (World Intellectual Property Organization
  • Intellectual property protection
    Very strong
    The Patent Law of Japan
    Protection of Trade Secrets
    Unfair Competition
    Copyrights
    Utility Model
    Design
  • Import Relations
    Global Imports by Japan
    Market Value: 543,884,000
  • Export Relations
    Global Exports by Japan
    Market Value: 567,403,000
  • Reccomendations
    Risk Rating – A2; Can still improve
    Industries with potential growth
    Robotics
    Tremendous technology
    Hospitals
    Old age will eventually need more health care
    Workforce
    Immigrants
    Coastlines
    Maximize use
  • Marketing
    Advertising / Marketing
    QR Recording
    Advantages – New way of marketing
    Will reach a huge market
    Disadvantages- Many debates about it
    http://www.youtube.com/watch?v=OxFR6r-Dqk4
  • Sources
    http://www.harpercollege.edu/mhealy/g101ilec/Japan/jpe/res/jperesfr.htm
    http://globaledge.msu.edu/countries/japan/
    http://www.cyborlink.com/besite/japan.htm
    https://www.cia.gov/library/publications/the-world-factbook/geos/ja.html
    http://www.kwintessential.co.uk/resources/global-etiquette/japan-country-profiles.html
    http://www.youtube.com/watch?v=OxFR6r-Dqk4
    http://globaledge.msu.edu/countries/japan/statistics/
    http://globaledge.msu.edu/countries/japan/economy/
    http://globaledge.msu.edu/countries/japan/history/
    http://globaledge.msu.edu/countries/japan/government/