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2nd Yr - MGT Japan Business Etiquette

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Some Japan Business Etiquettes

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2nd Yr - MGT Japan Business Etiquette

  1. 1. Top 5 Companies in Japan Nippon Telegraph and Telephone Mistubishi Corporation Honda Motor Mitsui & Co East Japan Railway
  2. 2. Bullet Train Type N700 (speeds up to 186mph)
  3. 3. Sushi
  4. 4. Sumo wrestlers
  5. 5. Earthquake and Tsunami 2011 Tohoku Earthquake and Tsunami Estimated Tens of Billions of Dollars worth of Damage
  6. 6. Japan’s Economy Now  Currency: Japanese Yen ( ¥ )  Aging Population  3rd largest nominal GDP  4th largest Purchasing Power Parity  Largest Creditor Nation  Public Debt: $13.64 Trillion (229.77% of GDP)  Revenues: $1.1 Trillion  Expenses: $1.157 Trillion  Respect and Honor
  7. 7. Exports  Vehicles excluding trains and streetcars: $162,829,579,000 (20.4%)  Machinery: $158,870,832,000 (19.9%)  Electronic equipment: $125,918,110,000 (15.8%)  Optical, technical and medical apparatus: $45,644,401,000 (5.7%)  Iron and steel: $39,473,911,000 (4.9%)  Plastics: $28,528,586,000 (3.6%)  Organic chemicals: $23,404,749,000 (2.9%)  Ships, boats and other floating structures: $22,229,398,000 (2.8%)  Articles of iron or steel: $15,492,322,000 (1.9%)  Rubber and rubber articles: $14,878,861,000 (1.9%)
  8. 8. Known Automobile Makers  Honda  Mazda  Mitsubishi  Nissan  Subaru  Suzuki  Toyota  Yamaha
  9. 9. Top Japanese Car Automobile Brands
  10. 10. Imports  Petroleum 15.5%  Liquid natural gas 5.7%  Clothing 3.9%  Semiconductors 3.5%  Coal 3.5%  Audio and visual apparatus 2.7%  Precious metals (Gold, Silver, Aluminum)
  11. 11. Greetings
  12. 12. Bowing
  13. 13. Receiving a Business Card
  14. 14. Business Attire
  15. 15. Appointments Appointments are required and, whenever possible, should be made several weeks in advance.
  16. 16. Etiquette & Customs in Japan Meeting Etiquette  If at all possible, wait to be introduced.  While foreigners are expected to shake hands, the traditional form of greeting is the bow. Gift Giving Etiquette  Good quality chocolates or small cakes are good ideas.  Gifts are not opened when received.  Give a gift and receive a gift with both hands and a slight bow.
  17. 17. Etiquette & Customs in Japan Watch your Table Manners!  Wait to be told where to sit.  If you do not want anything more to drink, do not finish what is in your glass.  If you leave a small amount of rice in your bowl, you will be given more.
  18. 18. Etiquette & Customs in Japan Helpful Hints  Avoid using the number "four" if possible.  The Japanese may ask personal questions.  The Japanese do not express opinions and desires openly.  Do not expect a Japanese person to say "no."

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