Comments on: Nestle To Bail Out The City Of Yubari With Chocolates http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/ A fresh look at Japan, by gaijins for gaijins! Sat, 22 Nov 2008 11:34:15 +0000 http://wordpress.org/?v=2.6.3 By: Gunkanjima Odyssey and Yubari City | One from the Peanut Gallery http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-80947 Gunkanjima Odyssey and Yubari City | One from the Peanut Gallery Wed, 13 Aug 2008 15:14:53 +0000 http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-80947 [...] melons are deservedly famous, they’re apparently not paying enough of the bills (but Nestle is helping with Yubari Melon KitKat); Yubari has declared itself [...] [...] melons are deservedly famous, they’re apparently not paying enough of the bills (but Nestle is helping with Yubari Melon KitKat); Yubari has declared itself [...]

]]> By: steve88 http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-16314 steve88 Thu, 21 Jun 2007 01:20:40 +0000 http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-16314 I read in one of the Japanese newspapers over the weekend that Yubari is the poorest city in Japan, by over 3 times! The next was another city in Hokkaido, and actually most of the top 10 were Hokkaido cities. Next was Osaka, with a bunch of poor cities there too. Are Hokkaido and Osaka not cool anymore? I read in one of the Japanese newspapers over the weekend that Yubari is the poorest city in Japan, by over 3 times! The next was another city in Hokkaido, and actually most of the top 10 were Hokkaido cities. Next was Osaka, with a bunch of poor cities there too. Are Hokkaido and Osaka not cool anymore?

]]> By: Jon http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-13326 Jon Mon, 11 Jun 2007 21:05:52 +0000 http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-13326 Certainly there must be some Yubarians who could donate to the fund. I am sure they are not all dirt poor. I liked the green tea kit kat. Certainly there must be some Yubarians who could donate to the fund. I am sure they are not all dirt poor.

I liked the green tea kit kat.

]]> By: Japan News for June 01, 2007 » Japan Probe http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-10235 Japan News for June 01, 2007 » Japan Probe Fri, 01 Jun 2007 05:55:16 +0000 http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-10235 [...] Nestle has decided to donate 10 yen to the famously bankrupt city of Yubari from every pack sold of its new Yubari Melon flavor of Kit Kat. [Link] [...] [...] Nestle has decided to donate 10 yen to the famously bankrupt city of Yubari from every pack sold of its new Yubari Melon flavor of Kit Kat. [Link] [...]

]]> By: Sotei-guy http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-10175 Sotei-guy Fri, 01 Jun 2007 01:33:03 +0000 http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-10175 Akio48, ah it took me a while. For those of you who couldn't work it out either. Heisei Denden (平成電電) was a small independent telecom operator that raised cash from Mr. and Mrs. Watanabe by promising them a 10% interest rate on special bonds that they called "Heisei Denwa Partner System". As is always the case they forgot to read the small print that said 「倒産した場合には資金は一切返済されない」 and so when the company went bust last year for fraud they got zero back. This was pretty contraversial as in Japan normally small investors get protected (by the government) when a company goes bankrupt. (Although a lot of professional investors got burnt on Mycal, most Mr. and Mrs. Watanabe bond holders got a good chunk of their money back). Akio48, ah it took me a while.
For those of you who couldn’t work it out either.
Heisei Denden (平成電電) was a small independent telecom operator that raised cash from Mr. and Mrs. Watanabe by promising them a 10% interest rate on special bonds that they called “Heisei Denwa Partner System”. As is always the case they forgot to read the small print that said

「倒産した場合には資金は一切返済されない」

and so when the company went bust last year for fraud they got zero back. This was pretty contraversial as in Japan normally small investors get protected (by the government) when a company goes bankrupt. (Although a lot of professional investors got burnt on Mycal, most Mr. and Mrs. Watanabe bond holders got a good chunk of their money back).

]]> By: Sotei-guy http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-10139 Sotei-guy Fri, 01 Jun 2007 00:52:30 +0000 http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-10139 Tousen, you've got to remember that it is the city that went bankrupt and not the individuals who live there. My guess is that at least half of the population are probably pensioners who clearly don't contribute to income tax - and we all know that Japanese pensioners have huge hoards of cash in their bank accounts (and their drawers!!). It wouldn't surprise me if the other half of the population are farmers and because 90% of farmers in Japan don't pay any income tax at all then they aren't going to be contributing much to the parties held at City Hall either. It just shows the apathy of the locals to the problems. Someone who is smart at marketing has sucked in the rest of the country but the locals seem to know best... Tousen, you’ve got to remember that it is the city that went bankrupt and not the individuals who live there.
My guess is that at least half of the population are probably pensioners who clearly don’t contribute to income tax - and we all know that Japanese pensioners have huge hoards of cash in their bank accounts (and their drawers!!).
It wouldn’t surprise me if the other half of the population are farmers and because 90% of farmers in Japan don’t pay any income tax at all then they aren’t going to be contributing much to the parties held at City Hall either.
It just shows the apathy of the locals to the problems. Someone who is smart at marketing has sucked in the rest of the country but the locals seem to know best…

]]> By: Akio48 http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-10130 Akio48 Thu, 31 May 2007 23:44:03 +0000 http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-10130 Does anyone know if you can buy Kit Kat in Heisei Denden Aji? Does anyone know if you can buy Kit Kat in Heisei Denden Aji?

]]> By: gman http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-10062 gman Thu, 31 May 2007 15:08:48 +0000 http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-10062 well maybe they can get a good tax break for donating to charity.....themselves lovely melons! well maybe they can get a good tax break for donating to charity…..themselves

lovely melons!

]]> By: tousen http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-10050 tousen Thu, 31 May 2007 13:17:41 +0000 http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-10050 There wouldn't really be a point for them to donate to themselves. There wouldn’t really be a point for them to donate to themselves.

]]> By: Sotei-guy http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-9993 Sotei-guy Thu, 31 May 2007 08:52:41 +0000 http://www.stippy.com/japan-news-and-media/nestle-to-bail-out-the-city-of-yubari-with-chocolates/#comment-9993 I love this city. I clicked on the link for the yellow handkerchief fund and you can actually pull up the number of people who donated money to it. They even offer a nice geographical split of where the donations came from: Japan (not including Hokkaido) = 195,000 yen Hokkaido (not including Yubari) = 337,481 yen Yubari City = 0 yen Banzai for the citizens of Yubari! I love this city. I clicked on the link for the yellow handkerchief fund and you can actually pull up the number of people who donated money to it. They even offer a nice geographical split of where the donations came from:

Japan (not including Hokkaido) = 195,000 yen
Hokkaido (not including Yubari) = 337,481 yen
Yubari City = 0 yen

Banzai for the citizens of Yubari!

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