Archive for the 'Japan: Business & Work' Category

Teramento – Taking the wind out of the FSA

If you haven’t already heard, news broke a week or two that a small firm based in Kawasaki, Teramento (テラメント) Corporation falsely reported to have acquired a 51% stake in six large (giant) Japanese companies: Sony Corporation; Toyota Motor Corporation; Nippon Telegraph & Telephone Corporation (NTT); Fuji Television Network Inc.; Mitsubishi Heavy Industries Ltd.; and, [...]

Japanese Farmers and Subprime: Would the real farmer please stand up?

Who is Japan’s little known rice growin’
financial hotshot?The UK has it’s first bank run in 150 years. Citibank fired it’s CEO. The whole financial world is reeling from the financial mess called subprime (see here for our easy to understand footnote on subprime).

Even GM (last I checked they made cars and not houses!) [...]

Shareholder Activism The Japanese way: Is it all about “Wa”?

On October 5, 2007, two drug stores announced their intent to merge. CFS and Ain Pharmaciez. Never heard of either? Interestingly they are both within the top 10 drug store chains in Japan and if the merger is successful their combined sales will be about 250 billion JPY and rocket them into #2 in the industry

Japan High Court Rules Against Saucy Gaijins

The famous Tonkatsu Sauce maker “Bulldog”, facing a potential takeover by the foreign investment firm Steel Partners, was saved last week in a disturbing effort by the Japanese courts to prevent foreign money and ownership permeating into an important aspect of the Japanese cultural dinner table.

Female Shacho (CEO) in Focus: Emura Rika (江村林香)

Ever since reading a recent article on stippy.com about the under-representation of female CEOs in Japan, I’ve been racking my brains to find one. My first thoughts were of Tomoyo Nonaka of Sanyo Electric or Fumiko Hayashi of Daiei, but as Chairwomen, they both strike me more as figure heads than actual active, managing [...]

Why do the Japanese Work so Hard?

There remains this enormous and wicked sociocultural myth. It is this: Hard work is all there is.

Work hard and the world respects you. Work hard and you can have anything you want. Work really extra super hard and do nothing else but work and ignore your family and spend 14 hours a day at the [...]