Japan
Land of
Rising Sun
Introduction
Japanese name “Nihon” or “Nippon” which means “sun origin”
Asian country, an island nation surrounded by the Sea of Japan to the East
and the Pacific Ocean to the West
Highest point in Japan in Mount Fuji, which stands at 3,776m
Tokyo is the capital and the largest city, Other major cities Osaka, Nagoya,
and Sapporo
Currency of Japan is “Japanese yen” ¥
Over 50% Shinto and 35% Buddhism
Japanese is the official language
Has four different writing styles: Kanji (ancient), Hiragana and Katakana
(modern scripts), and Romaji (Written using English letters)
日本国
Symbols of Japanese Culture
Shinto
Tea House
Sand Gardens – Zen
Cherry Blossom - Sakura
Ikebana and Bonsai
Introduction
Samurai warriors, skilled fighters and swordsmen
Different forms of martial arts - Karate, Judo, Sumo, Jujutsu,
and Aikido
Popular cuisine - well-known dishes are sushi, sashimi and
tempura
Insufficient land for agriculture, imports most of its food
Lacks many raw materials needed for industry and energy,
such as oil, coal, iron ore, copper, aluminium and wood
Population and GDP
Economy and Industry
 Ignored defence spending in favour of economic growth, allowing for a
rapid economic growth referred to as the Japanese post-war economic
miracle
Third-largest in the world by nominal GDP and the fourth-largest by
purchasing power parity
World's largest creditor nation, generally runs an annual trade surplus and
has a considerable net international investment surplus
An industrialized nation, producing some of the most technologically
advanced motor vehicles, electronics, and machine tools
As of 2015, 54 of the Fortune Global 500 companies are based in Japan,
down from 62 in 2013
Increasing competition from China and South Korea
PEST
Analysis
PoliticalStability&AbsenceofViolence/Terrorism
0
10
20
30
40
50
60
70
80
90
100
1996 1998 2000 2002 2004 2006 2008 2010 2012 2014
USA
Japan
0
20
40
60
80
100
120
USA
Japan
Regulatory Quality
0
10
20
30
40
50
60
70
80
90
100
USA
Japan
China
Voice & Accountability
Source: Global Business Perspectives, UT Tyler Summer II 2016 Group 6 - Taylor Martin, Cody Holloway, Zachary McKinley
Transparency International corruption index – stable
between 75 to 80 – 2006 to 2015
Rule of law – stable between 82 to 90 – 1996 to 2015
Parliamentary government with a constitutional
monarchy Branches
Executive
Legislative
Judicial
Major leaders
His imperial Majesty the Emperor Akihito
Prime Minister – Shinzo Abe
Legislative
House of Councilors (Sangi-in)
House of Representatives (Sungi-in)
Led by Prime Minister
Political Environment
Japan Vs USA GDP – Trillion US $
Exports (% of GDP)
Source: Global Business Perspectives, UT Tyler Summer II 2016 Group 6 - Taylor Martin, Cody Holloway, Zachary McKinley
Imports of goods & services (% of GDP)
0
2
4
6
8
10
12
14
16
18
20
1960
1965
1970
1975
1980
1985
1990
1995
2000
2005
2010
2015
USA
Japan
Economical
Free market economy
4th largest economy in world
Top 2 exports – automobiles, machinery
Member of the group of Seven (G7)
$5.007 trillion in GDP
73.2% Service
25.6% Industry
1.1% Agriculture
Issues
Aging population (25% over the age of 65)
Rampant Deflation
Slow Economic Growth
0
2
4
6
8
10
12
14
16
18
20
1960
1965
1970
1975
1980
1985
1990
1995
2000
2005
2010
2015
USA
Japan
0
2
4
6
8
10
12
14
16
18
1960
1965
1970
1975
1980
1985
1990
1995
2000
2005
2010
2015
USA
Japan
Economical Environment
Source: Global Business Perspectives, UT Tyler Summer II 2016 Group 6 - Taylor Martin, Cody Holloway, Zachary McKinley
Population – increased with steady since last 25 years
HDI – increased with same rate as USA
Japanese,
98.5
Korean, 0.5
Chinese, 0.4Other, 0.6
Population: 127,103,388
Ethnic groups
Shintoism 51.82%
Buddhism 34.9%
Christianity 2.3%
Other 10.98%
Age and Gender breakdown
About half male and half female
0-14 years: 13.2%
15-24 years: 9.7%
25-54 years: 38.1%
55-64 years: 25.8%
65 years +: 24.8%
Education and Language
Strong emphasis on work ethics
High literacy rate
Emphasis on being bilingual
Social Environment
Innovations in Japan
Crucial role in the digital revolution since the 20th
century in fields such as electronics and robotics
Video games – Playstation - Sony PlayStation was
invented by Ken Kutaragi.
Finance - Futures contract - first futures exchange
market was the Dōjima Rice Exchange in Japan in the
1730s
Food science
 Instant noodle - Invented by Momofuku Ando in
1958
 Umami - Umami as a separate taste was first
identified in 1908 by Kikunae Ikeda
Bullet train - World's first high volume capable (initially
12 car maximum) "high-speed train" was Japan's
Tōkaidō Shinkansen, October 1964
Hybrid electric vehicle - Toyota Prius launched in 1997
2003 – Unveiled Humanoid robot with strong visual
human-likeness developed by Osaka University and
manufactured by Kokoro Company Ltd
Focused and prominent in consumer electronics, robotics and the automotive industry
Consumer Electronics
 Largest consumer electronics industry in the world
 Produce television, camcorders, audio and video players
 Responsible for a number of important innovations, including
• Transistor radio and the Walkman (Sony)
• First mass-produced laptops (Toshiba)
• VHS recorder (JVC), and solar cells
• LCD screens (Sharp)
 Major companies include Canon, Casio, Hitachi, JVC Kenwood, Nikon, Panasonic, Sony, TDK,
Toshiba and Yamaha
Robotics
 Many variations of Japanese robotics
• Humanoid Entertainment Robots
• Androids
• Animal (four-legged) Robots
• Social Robots
 Robotics industry more important in Japan than any other country in the world
 Employs over a quarter of a million industrial robot workers
 Next 15 years, that number to jump to over one million
 Expect revenue for robotics to be near $70 billion by 2025
Technological Environment
Automotive Industry
 No longer have the stigma they had in the 1950s and 1960s when they first emerged
internationally
 In the top three of the countries with most cars manufactured since the 1960s, surpassing
Germany
 1970s to 1990s - Oriented both for domestic use and worldwide export
 Overtook USA as production leader with up to 13 million cars per year manufactured and
significant exports
 Currently the third largest automotive producer in the world after China and USA
 Home to a number of companies that produce cars, construction vehicles, motorcycles, ATVs,
and engines including
 Toyota, Honda, Daihatsu, Nissan, Suzuki, Mazda, Mitsubishi, Subaru, Isuzu, Kawasaki,
Yamaha
Process Innovation
 Kaizen
 Just-in-time
 Total Quality Management
 Quality circles
Technological Environment
TOP 5 Exports by Japan
VEHICLES – US$141.9 Billion
MACHINERY – US$124 Billion
ELECTRONICS – US$98.3 Billion
OPTICAL, TECHNICAL , MEDICAL APPARATUS – $35.9 Billion
IRON, STEEL – US$24.5 Billion
 Japan shipped
US$645.2 billion worth
of goods around the
globe in 2016, up by
3.2% from 2015 to
2016.
 Given Japan’s
population of 126.7
million people, its total
$645.2 billion in 2016
exports translates to
roughly $5,100 for
every resident.
Top Imports by Japan
1. Mineral fuels including oil: US$110.7
billion (18.2% of total imports)
2. Electrical machinery, equipment: $89.9
billion (14.8%)
3. Machinery including computers: $59.4
billion (9.8%)
4. Pharmaceuticals: $24.4 billion (4%)
5. Optical, technical, medical apparatus:
$24.2 billion (4%)
Fuel
2nd largest importer of fossil fuel, Middle Eat and
North Africa, Australia
Crude oil: US$50.8 billion
Petroleum gases: $34.1 billion
Coal, solid fuels (from coal): $15.2 billion
Processed petroleum oils: $9.3 billion
Electronics
China, South Korea, Taiwan, Thailand, Malaysia
Phone system including smartphones: US$23.7 billion
Integrated circuits/microassemblies: $17 billion
Insulated wire/cable: $6.1 billion
Solar power diodes/semi-conductors: $5.9 billion
Machinery
USA, China, South Korea, Taiwan, Germany
Computers, optical readers: US$13.2 billion
Turbo-jets: $6.3 billion
Printing machinery: $4.1 billion
Machinery for making semi-conductors: $2.8 billion
Pharma
USA, Germany, Malaysia
Medication mixes in dosage: US$17.1 billion
Blood fractions (including antisera): $6.1 billion
Sutures, special pharmaceutical goods: $591.8
million
Medication mixes not in dosage: $313.3 million
Top Japanese Multinationals
Rank Logo Name Brand value
(US $Million)
1 Toyota 53,580
2 Honda 22,106
3 Cannon 11,081
4 Nissan 11,066
5 Sony 8,315
Japanese Multinationals
Sony
Established in the wake of World War II
1946 - Masaru Ibuka started an electronics shop in Tokyo, with a
capital of ¥190,000 and a total of eight employees
May 1946 - Joined by Akio Morita to found a company called Tokyo
Tsushin Kogyo (Tokyo Telecommunications Engineering Corporation).
1950 - Built Japan's first tape recorder, called the Type-G
1958, the company changed its name to "Sony“
Headquarter- Minato, Tokyo, Japan.
Developed a music playing robot called Rolly, dog-shaped robots
called AIBO and a humanoid robot called QRIO.
World's 10th-largest information technology company by revenue
Japanese Multinationals
Sony
As of 1 April 2016, organized into the following business segments:
 Mobile Communications (MC),
 Game & Network Services (G&NS),
 Imaging Products & Solutions (IP&S),
 Home Entertainment & Sound (HE&S),
 Semiconductors, Components, Pictures, Music, Financial Services
As of 2017 below are the figures
 Income:- (¥)73.3 billion
 Total Assets:- (¥)17.66 trillion
 Operating Income:- (¥)288.7 billion
 Revenue: (¥)7.6 trillion
 Total equity (¥)2,497 trillion
 Number of employees:- 125,300
Japanese Multinationals
Honda
Public multinational conglomerate corporation primarily known as a
manufacturer of automobiles, aircraft, motorcycles, and power equipment.
Been the world's largest motorcycle manufacturer since 1959
Became the second-largest Japanese automobile manufacturer in 2001
4th largest automobile manufacturer in world behind Toyota, Volkswagen,
and Hyundai
First Japanese automobile manufacturer to release a dedicated luxury
brand, Acura, in 1986
1986 - Involved with artificial intelligence/robotics research and released
their ASIMO robot in 2000
2004 - Ventured into aerospace with the establishment of GE Honda Aero
Engines, began production in 2012
2013 - Invested about 5.7% (US$6.8 billion) of its revenues in research and
development
2013 - Became the first Japanese automaker to be a net exporter from the
United States, exporting 108,705 Honda and Acura models, while importing
only 88,357
Japanese Multinationals
Honda
Products
 Automobiles – Civic, Accord, CR-V, Fit-Jazz
 Motorcycles – CBR500, CB1100, NM4
 Power products – Water pumps, Engines, Generators, Snow throwers
Figures as of 2016
 Revenue ¥14.60 trillion
 Operating income ¥503.3 billion
 Net income ¥344.5 billion
 Total assets ¥18.22 trillion
 Total equity ¥6.76 trillion
 Number of employees 208,399
India to Japan
 Mahindra and Mahindra
 2003 - Farm Equipment Sector won the Deming Application Prize
 2007 - Received the Japan Quality Medal for implementing TQM
 2015 - Mitsubishi Heavy Industries and Mahindra enter into Strategic
Partnership in Agricultural Machinery
 Mitsubishi factory in Japan where the 1500 and Max series Mahindra
tractors are made!
 2011 - Mahindra Sanyo Special Steel Private Limited (MSSSPL), Joint
venture between
 Mahindra & Mahindra Limited (51%) India
 Sanyo Special Steel Co., Ltd (29%) Japan and
 Mitsui & Co., Ltd (20%) Japan
 Mahindra Sanyo - leading, pioneer manufacturer of Carbon, Alloy & Tool
Die Steels in As Cast, Forged, Rolled, Turned, Heat treated and Ring forged
supply condition
India to Japan
Tata Consultancy Services Japan
 2014 - Inauguration of a Japan-centric Delivery Center (JDC) of TCS
 2,400 strong Japan-based workforce
 Joint venture with Mitsubishi Corporation
 TCS and Mitsubishi Corporation join forces, create strategic Japanese IT
services company
 Tata Consultancy Services Japan (TCS Japan)
 IT Frontier Corporation (ITF),
 Mitsubishi Corporation's (MC) 100 percent IT subsidiary, and
 Nippon TCS Solution Center (NTSC)
 TCS will have 51 percent equity; MC will have 49 percent equity.
 Sept 2014 – Prime Minister Narendra Modi flags off new TCS training
initiative in Japan
 Jan 2016 - Starts a New Cloud Communication Infrastructure Service
ASTEPLUG CI for Mitsubishi Corporation Group
 Dec 2016 - TCS Japan Wins Pega Japan Best Partner Award 2016
 2017 - launch in Japan of ignio™, the company’s award-wining cognitive
automation solution for IT operations.
Japan - -Where
traditionmeets the
future
Avideo by
visitjapan
References
https://en.wikipedia.org/wiki/Japan
http://www.worldstopexports.com/japans-top-10-imports/
http://www.worldsrichestcountries.com/top_japan_imports.h
tml
https://tradingeconomics.com/japan/population
https://www.sony.net/SonyInfo/CorporateInfo/History/capsule
/23/index.html

International business japan

  • 1.
  • 2.
    Introduction Japanese name “Nihon”or “Nippon” which means “sun origin” Asian country, an island nation surrounded by the Sea of Japan to the East and the Pacific Ocean to the West Highest point in Japan in Mount Fuji, which stands at 3,776m Tokyo is the capital and the largest city, Other major cities Osaka, Nagoya, and Sapporo Currency of Japan is “Japanese yen” ¥ Over 50% Shinto and 35% Buddhism Japanese is the official language Has four different writing styles: Kanji (ancient), Hiragana and Katakana (modern scripts), and Romaji (Written using English letters) 日本国
  • 3.
    Symbols of JapaneseCulture Shinto Tea House Sand Gardens – Zen Cherry Blossom - Sakura Ikebana and Bonsai
  • 4.
    Introduction Samurai warriors, skilledfighters and swordsmen Different forms of martial arts - Karate, Judo, Sumo, Jujutsu, and Aikido Popular cuisine - well-known dishes are sushi, sashimi and tempura Insufficient land for agriculture, imports most of its food Lacks many raw materials needed for industry and energy, such as oil, coal, iron ore, copper, aluminium and wood
  • 5.
  • 6.
    Economy and Industry Ignored defence spending in favour of economic growth, allowing for a rapid economic growth referred to as the Japanese post-war economic miracle Third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity World's largest creditor nation, generally runs an annual trade surplus and has a considerable net international investment surplus An industrialized nation, producing some of the most technologically advanced motor vehicles, electronics, and machine tools As of 2015, 54 of the Fortune Global 500 companies are based in Japan, down from 62 in 2013 Increasing competition from China and South Korea
  • 7.
  • 8.
    PoliticalStability&AbsenceofViolence/Terrorism 0 10 20 30 40 50 60 70 80 90 100 1996 1998 20002002 2004 2006 2008 2010 2012 2014 USA Japan 0 20 40 60 80 100 120 USA Japan Regulatory Quality 0 10 20 30 40 50 60 70 80 90 100 USA Japan China Voice & Accountability Source: Global Business Perspectives, UT Tyler Summer II 2016 Group 6 - Taylor Martin, Cody Holloway, Zachary McKinley Transparency International corruption index – stable between 75 to 80 – 2006 to 2015 Rule of law – stable between 82 to 90 – 1996 to 2015 Parliamentary government with a constitutional monarchy Branches Executive Legislative Judicial Major leaders His imperial Majesty the Emperor Akihito Prime Minister – Shinzo Abe Legislative House of Councilors (Sangi-in) House of Representatives (Sungi-in) Led by Prime Minister Political Environment
  • 9.
    Japan Vs USAGDP – Trillion US $ Exports (% of GDP) Source: Global Business Perspectives, UT Tyler Summer II 2016 Group 6 - Taylor Martin, Cody Holloway, Zachary McKinley Imports of goods & services (% of GDP) 0 2 4 6 8 10 12 14 16 18 20 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 USA Japan Economical Free market economy 4th largest economy in world Top 2 exports – automobiles, machinery Member of the group of Seven (G7) $5.007 trillion in GDP 73.2% Service 25.6% Industry 1.1% Agriculture Issues Aging population (25% over the age of 65) Rampant Deflation Slow Economic Growth 0 2 4 6 8 10 12 14 16 18 20 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 USA Japan 0 2 4 6 8 10 12 14 16 18 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 USA Japan Economical Environment
  • 10.
    Source: Global BusinessPerspectives, UT Tyler Summer II 2016 Group 6 - Taylor Martin, Cody Holloway, Zachary McKinley Population – increased with steady since last 25 years HDI – increased with same rate as USA Japanese, 98.5 Korean, 0.5 Chinese, 0.4Other, 0.6 Population: 127,103,388 Ethnic groups Shintoism 51.82% Buddhism 34.9% Christianity 2.3% Other 10.98% Age and Gender breakdown About half male and half female 0-14 years: 13.2% 15-24 years: 9.7% 25-54 years: 38.1% 55-64 years: 25.8% 65 years +: 24.8% Education and Language Strong emphasis on work ethics High literacy rate Emphasis on being bilingual Social Environment
  • 11.
    Innovations in Japan Crucialrole in the digital revolution since the 20th century in fields such as electronics and robotics Video games – Playstation - Sony PlayStation was invented by Ken Kutaragi. Finance - Futures contract - first futures exchange market was the Dōjima Rice Exchange in Japan in the 1730s Food science  Instant noodle - Invented by Momofuku Ando in 1958  Umami - Umami as a separate taste was first identified in 1908 by Kikunae Ikeda Bullet train - World's first high volume capable (initially 12 car maximum) "high-speed train" was Japan's Tōkaidō Shinkansen, October 1964 Hybrid electric vehicle - Toyota Prius launched in 1997 2003 – Unveiled Humanoid robot with strong visual human-likeness developed by Osaka University and manufactured by Kokoro Company Ltd
  • 12.
    Focused and prominentin consumer electronics, robotics and the automotive industry Consumer Electronics  Largest consumer electronics industry in the world  Produce television, camcorders, audio and video players  Responsible for a number of important innovations, including • Transistor radio and the Walkman (Sony) • First mass-produced laptops (Toshiba) • VHS recorder (JVC), and solar cells • LCD screens (Sharp)  Major companies include Canon, Casio, Hitachi, JVC Kenwood, Nikon, Panasonic, Sony, TDK, Toshiba and Yamaha Robotics  Many variations of Japanese robotics • Humanoid Entertainment Robots • Androids • Animal (four-legged) Robots • Social Robots  Robotics industry more important in Japan than any other country in the world  Employs over a quarter of a million industrial robot workers  Next 15 years, that number to jump to over one million  Expect revenue for robotics to be near $70 billion by 2025 Technological Environment
  • 13.
    Automotive Industry  Nolonger have the stigma they had in the 1950s and 1960s when they first emerged internationally  In the top three of the countries with most cars manufactured since the 1960s, surpassing Germany  1970s to 1990s - Oriented both for domestic use and worldwide export  Overtook USA as production leader with up to 13 million cars per year manufactured and significant exports  Currently the third largest automotive producer in the world after China and USA  Home to a number of companies that produce cars, construction vehicles, motorcycles, ATVs, and engines including  Toyota, Honda, Daihatsu, Nissan, Suzuki, Mazda, Mitsubishi, Subaru, Isuzu, Kawasaki, Yamaha Process Innovation  Kaizen  Just-in-time  Total Quality Management  Quality circles Technological Environment
  • 14.
    TOP 5 Exportsby Japan VEHICLES – US$141.9 Billion MACHINERY – US$124 Billion ELECTRONICS – US$98.3 Billion OPTICAL, TECHNICAL , MEDICAL APPARATUS – $35.9 Billion IRON, STEEL – US$24.5 Billion  Japan shipped US$645.2 billion worth of goods around the globe in 2016, up by 3.2% from 2015 to 2016.  Given Japan’s population of 126.7 million people, its total $645.2 billion in 2016 exports translates to roughly $5,100 for every resident.
  • 15.
    Top Imports byJapan 1. Mineral fuels including oil: US$110.7 billion (18.2% of total imports) 2. Electrical machinery, equipment: $89.9 billion (14.8%) 3. Machinery including computers: $59.4 billion (9.8%) 4. Pharmaceuticals: $24.4 billion (4%) 5. Optical, technical, medical apparatus: $24.2 billion (4%) Fuel 2nd largest importer of fossil fuel, Middle Eat and North Africa, Australia Crude oil: US$50.8 billion Petroleum gases: $34.1 billion Coal, solid fuels (from coal): $15.2 billion Processed petroleum oils: $9.3 billion Electronics China, South Korea, Taiwan, Thailand, Malaysia Phone system including smartphones: US$23.7 billion Integrated circuits/microassemblies: $17 billion Insulated wire/cable: $6.1 billion Solar power diodes/semi-conductors: $5.9 billion Machinery USA, China, South Korea, Taiwan, Germany Computers, optical readers: US$13.2 billion Turbo-jets: $6.3 billion Printing machinery: $4.1 billion Machinery for making semi-conductors: $2.8 billion Pharma USA, Germany, Malaysia Medication mixes in dosage: US$17.1 billion Blood fractions (including antisera): $6.1 billion Sutures, special pharmaceutical goods: $591.8 million Medication mixes not in dosage: $313.3 million
  • 16.
    Top Japanese Multinationals RankLogo Name Brand value (US $Million) 1 Toyota 53,580 2 Honda 22,106 3 Cannon 11,081 4 Nissan 11,066 5 Sony 8,315
  • 17.
    Japanese Multinationals Sony Established inthe wake of World War II 1946 - Masaru Ibuka started an electronics shop in Tokyo, with a capital of ¥190,000 and a total of eight employees May 1946 - Joined by Akio Morita to found a company called Tokyo Tsushin Kogyo (Tokyo Telecommunications Engineering Corporation). 1950 - Built Japan's first tape recorder, called the Type-G 1958, the company changed its name to "Sony“ Headquarter- Minato, Tokyo, Japan. Developed a music playing robot called Rolly, dog-shaped robots called AIBO and a humanoid robot called QRIO. World's 10th-largest information technology company by revenue
  • 18.
    Japanese Multinationals Sony As of1 April 2016, organized into the following business segments:  Mobile Communications (MC),  Game & Network Services (G&NS),  Imaging Products & Solutions (IP&S),  Home Entertainment & Sound (HE&S),  Semiconductors, Components, Pictures, Music, Financial Services As of 2017 below are the figures  Income:- (¥)73.3 billion  Total Assets:- (¥)17.66 trillion  Operating Income:- (¥)288.7 billion  Revenue: (¥)7.6 trillion  Total equity (¥)2,497 trillion  Number of employees:- 125,300
  • 19.
    Japanese Multinationals Honda Public multinationalconglomerate corporation primarily known as a manufacturer of automobiles, aircraft, motorcycles, and power equipment. Been the world's largest motorcycle manufacturer since 1959 Became the second-largest Japanese automobile manufacturer in 2001 4th largest automobile manufacturer in world behind Toyota, Volkswagen, and Hyundai First Japanese automobile manufacturer to release a dedicated luxury brand, Acura, in 1986 1986 - Involved with artificial intelligence/robotics research and released their ASIMO robot in 2000 2004 - Ventured into aerospace with the establishment of GE Honda Aero Engines, began production in 2012 2013 - Invested about 5.7% (US$6.8 billion) of its revenues in research and development 2013 - Became the first Japanese automaker to be a net exporter from the United States, exporting 108,705 Honda and Acura models, while importing only 88,357
  • 20.
    Japanese Multinationals Honda Products  Automobiles– Civic, Accord, CR-V, Fit-Jazz  Motorcycles – CBR500, CB1100, NM4  Power products – Water pumps, Engines, Generators, Snow throwers Figures as of 2016  Revenue ¥14.60 trillion  Operating income ¥503.3 billion  Net income ¥344.5 billion  Total assets ¥18.22 trillion  Total equity ¥6.76 trillion  Number of employees 208,399
  • 21.
    India to Japan Mahindra and Mahindra  2003 - Farm Equipment Sector won the Deming Application Prize  2007 - Received the Japan Quality Medal for implementing TQM  2015 - Mitsubishi Heavy Industries and Mahindra enter into Strategic Partnership in Agricultural Machinery  Mitsubishi factory in Japan where the 1500 and Max series Mahindra tractors are made!  2011 - Mahindra Sanyo Special Steel Private Limited (MSSSPL), Joint venture between  Mahindra & Mahindra Limited (51%) India  Sanyo Special Steel Co., Ltd (29%) Japan and  Mitsui & Co., Ltd (20%) Japan  Mahindra Sanyo - leading, pioneer manufacturer of Carbon, Alloy & Tool Die Steels in As Cast, Forged, Rolled, Turned, Heat treated and Ring forged supply condition
  • 22.
    India to Japan TataConsultancy Services Japan  2014 - Inauguration of a Japan-centric Delivery Center (JDC) of TCS  2,400 strong Japan-based workforce  Joint venture with Mitsubishi Corporation  TCS and Mitsubishi Corporation join forces, create strategic Japanese IT services company  Tata Consultancy Services Japan (TCS Japan)  IT Frontier Corporation (ITF),  Mitsubishi Corporation's (MC) 100 percent IT subsidiary, and  Nippon TCS Solution Center (NTSC)  TCS will have 51 percent equity; MC will have 49 percent equity.  Sept 2014 – Prime Minister Narendra Modi flags off new TCS training initiative in Japan  Jan 2016 - Starts a New Cloud Communication Infrastructure Service ASTEPLUG CI for Mitsubishi Corporation Group  Dec 2016 - TCS Japan Wins Pega Japan Best Partner Award 2016  2017 - launch in Japan of ignio™, the company’s award-wining cognitive automation solution for IT operations.
  • 23.
    Japan - -Where traditionmeetsthe future Avideo by visitjapan
  • 24.

Editor's Notes

  • #4 Bonsai -  Japanese art form using trees grown in containers Ikebana (生け花, "arranging flowers") is the Japanese art of flower arrangement, placed in the tokonoma alcove of a home
  • #5 Bonsai -  Japanese art form using trees grown in containers Ikebana (生け花, "arranging flowers") is the Japanese art of flower arrangement, placed in the tokonoma alcove of a home
  • #7 http://www.telegraph.co.uk/news/2017/04/11/japans-population-shrink-third-2065/ https://www.tofugu.com/japan/population-decline/ Birth rate shrink, life expectancy high
  • #14 Umami - Umami as a separate taste was first identified in 1908 by Kikunae Ikeda of the Tokyo Imperial University while researching the strong flavor in seaweed broth.
  • #16 When Japan started its rapid industrialization phase post World War Two, there was a lack of effective management skills. Japan learned from overseas how to control management. They imported Statistical Quality Control (SQC) from the United States. Statistical Quality Control began in the 1930`s with the industrial use of control charts. In order to meet wartime conditions, the production systems of the times needed to be revolutionized. By implementing SQC, the United States (and Britain) were able to produce supplies at lower cost and in large quantity. This was the origins of Statistical Quality Management and Japan`s quality improvement process journey. Dr. Deming is recognized for introducing quality control to Japan.
  • #17 Higher Exports
  • #24 Ease of doing business rank 34 Japan’s low tolerance of uncertainty has created a society which adheres closely to rules and regulations. strong hierarchical system Gender inequality strong hierarchical system, life-long employment high context communication. In other words, Japanese often imply and infer rather than verbalise directly