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May 18, 2024
 

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JAPANESE PERSPECTIVES

BUSINESS / JAPANESE PERSPECTIVES
Nov 29, 2004
National security may prove weak link in maintaining economic ties
Last week, Prime Minister Junichiro Koizumi and Chinese President Hu Jintao met -- for the first time in a year -- on the sidelines of the summit of the Asia-Pacific Economic Cooperation forum in Chile. Ever since Tokyo and Beijing restored diplomatic ties in the 1970s, there has been an underlying belief...
BUSINESS / JAPANESE PERSPECTIVES
Nov 22, 2004
Firms think little of government statistics, questionnaire shows
Among government statistics detailing the condition of the Japanese economy, the Cabinet Office's quarterly estimates of gross domestic product, the Finance Ministry's report on corporate activity, and the "tankan" survey by the Bank of Japan are widely known. But there are many other economic statistics...
BUSINESS / JAPANESE PERSPECTIVES
Nov 15, 2004
The importance of questioning fearlessly and answering honestly
"Any damn fool can answer a question. The important thing is to ask one."
BUSINESS / JAPANESE PERSPECTIVES
Nov 8, 2004
Five economic factors point to future deterioration of dollar
The dollar's exchange rate against the yen, which was fluctuating within the 108-112 yen range until early October, has begun to move downward in recent weeks despite such negative factors as the devastating typhoons and earthquakes that ravaged Japan.
BUSINESS / JAPANESE PERSPECTIVES
Nov 1, 2004
Antimonopoly Law reform amendment falls short of the mark
A proposed amendment to the Antimonopoly Law was submitted to the Diet on Oct. 15 -- as promised by the ruling Liberal Democratic Party.
BUSINESS / JAPANESE PERSPECTIVES
Sep 27, 2004
Oil-shock veteran Japan strong enough to weather surging prices
Members of the Organization of Petroleum Exporting Countries agreed at a conference in Vienna on Sept. 15 to increase daily crude oil production by 1 million barrels to 27 million. This is a record that exceeds even the 26.7 million barrels agreed on in fall 2000, and signals OPEC's intent to correct...
BUSINESS / JAPANESE PERSPECTIVES
Sep 20, 2004
Despite reforms, future looks grim without consumption tax hike
In the "Okuda Vision (Japan 2025)" report released in January 2003, Keidanren used a simulation to present the medium to longer-term prospects for Japan's fiscal and social security systems. We made it clear that the measures which would be needed to maintain the sustainability of national and local...
BUSINESS / JAPANESE PERSPECTIVES
Sep 6, 2004
End-of-summer thoughts
"The harvest is past, the summer is ended, and we are not saved" (Jeremiah 8:22).
BUSINESS / JAPANESE PERSPECTIVES
Aug 30, 2004
Financial-sector shakedown afoot
Amid close scrutiny both in Japan and abroad, the integration of Japan's major banks is progressing at a rapid pace -- and triggering unprecedented legal battles in the process.
BUSINESS / JAPANESE PERSPECTIVES
Aug 16, 2004
A fairy tale warning for financial giants
Oscar Wilde is the spinner of some of the finest tales in literary history. He wrote for a very wide-ranging public, including children. His fairy tales are truly fine. It is a characteristic of Wilde's fantasy tales for children that they contain profound insights into the very real world of adult folly...
BUSINESS / JAPANESE PERSPECTIVES
Aug 2, 2004
Supply of safe beef large enough to ignore odd U.S. trade demands
The question of whether to lift the import ban on U.S. beef is being closely watched, especially in terms of how it relates to another issue of high public interest -- when will people be able to eat "gyudon (beef bowls)" again?
BUSINESS / JAPANESE PERSPECTIVES
Jul 26, 2004
Despite its luck, Japan must not shirk reform
In the July 11 House of Councilors election, the main opposition force -- the Democratic Party of Japan -- made big gains while the leader of the ruling coalition -- the Liberal Democratic Party -- fell short of its modest target of a one-seat gain. Nevertheless, the LDP-led coalition government still...
BUSINESS / JAPANESE PERSPECTIVES
Jul 5, 2004
Apprentice Fukui and the prisoner of the Bank of Japan
As any sorcerer's apprentice will tell you, it is always easier to start something than to finish it. Exit strategies are by far the most difficult part of any game plan. The most recent and graphic case in point is, of course, the Americans in Iraq. But the same is equally applicable to monetary policy,...
BUSINESS / JAPANESE PERSPECTIVES
Jun 28, 2004
Decline in savings rate a warning to reform-resistant politicians
As Japan continues to maintain a current account surplus, it will remain subject to overseas criticism that its people should spend more and save less. However, the truth is that Japan's savings ratio has rapidly declined over the past decade. Let us look at some data and discuss why this is happening,...
BUSINESS / JAPANESE PERSPECTIVES
Jun 21, 2004
Translating laws into English would make good business sense
Japan is pushing for judicial reform, and efforts to establish a judicial system that the public can clearly understand and feel familiar with -- including the recent enactment of a law introducing the so-called citizen judge system -- are fully under way.
BUSINESS / JAPANESE PERSPECTIVES
Jun 7, 2004
Kanebo's rescue: cosmetic surgery or a new lease on 'beautiful life'?
"Kanebo, for beautiful human life."
BUSINESS / JAPANESE PERSPECTIVES
May 31, 2004
Numbers show road to recovery fraught with inflationary risk
The preliminary GDP figures Japan released May 18 show that the gross domestic product in the January-March quarter expanded 1.4 percent (5.6 percent annualized) in real terms over the previous quarter. Compared with the same period in 2003, first-quarter GDP grew a robust 5.4 percent. The GDP has now...
BUSINESS / JAPANESE PERSPECTIVES
May 24, 2004
Making the shift from 'defensive' to 'offensive' restructuring
Most of the major Japanese corporations have released their earnings results for the latest business year ended in March. Many of them reported brisk earnings, including Toyota Motor Corp., whose net profit topped 1 trillion yen for the first time. According to the Bank of Japan's "tankan" survey and...
BUSINESS / JAPANESE PERSPECTIVES
May 17, 2004
The yes and no of inflation revival -- how far downstream are you?
Once upon a time, there was this epidemic that people were suffering from all over the world. People called it "inflation." Three causes were determined for its emergence. One was demand-pull. This happened when too many people were wanting too much of everything at the same time. The other was cost-push....
BUSINESS / JAPANESE PERSPECTIVES
May 3, 2004
Will intervention-happy BOJ see new risks as danger or deja vu?
Bank of Japan Gov. Toshihiko Fukui has entered his second year at the helm of the central bank, and in an economic climate radically different from the time when he first took up the job.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Japan to review romanization system for first time in 70 years
An advisory panel to the education ministry will consider how the Japanese language should be transcribed into the Latin alphabet, including unifying different romanization styles currently in use.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
Japan’s economy contracts as consumers and firms cut spending
Japan's gross domestic product shrank at an annualized pace of 2% in the three months through March.
New Taiwan president to set tone for ties with China at inauguration
Taiwan President-elect Lai Ching-te arrives at the CyberSec 2024 Exhibition in Taipei on Wednesday.
Unraveling the Japanese prose of Yukio Mishima
Author Yukio Mishima accepts the Arts Festival Award in the drama category at the 20th Arts Festival Award Ceremony on Jan. 22, 1966.
New Taiwan president to set tone for ties with China at inauguration
Taiwan President-elect Lai Ching-te arrives at the CyberSec 2024 Exhibition in Taipei on Wednesday.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
Japanese rap creates its mecca in Pop Yours
Tokyo-based artist Jumadiba says he forgoes the label of simply “rap” for his music because the Japanese rap scene isn’t confined to a particular sound.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.

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