japan presentation2
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JAPAN
Background
• Native Inhabitants: Japanese
• Language: Japanese
• Independence (660b.c.)
Tokyo
The Japanese desire for power
History of Japan
Government
• Constitutional Monarchy with a Parliamentary Government.
• 2 Legislative Houses (House of Counselors, House of Representatives)
• Head of Government: Prime Minister
Japanese Yen
• The national currency of Japan
Bank of Japan (B.O.J.)
• The Central Bank of Japan
Geography
• Western Asia, Island Chain between North Pacific Ocean and the Sea of Japan, East of Korean Peninsula
Land
Natural Resources– Rice, Fish
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Electronics
• 27% of Global electronics production
People
• Language: Japanese• Population: • 127,463,611• Age Structure:
– 0-14 years: 14.2%– 15-64 years :65.7%– 65 years +: 20%
– GDP: $28,700
• Population growth rate: 2%(2,549,272)
• Life Expectancy: 81 years
Etiquette• Not a society where there is
physical contact between one another.
• The equivalent to the hand shake is to Bow.
Bowing
• The common Greeting in Japan
• In formal/professional situations the you respect your elders/superiors by bowing lower than them.
Business Attire
• Similar Attire to US.• Business Attire,
Conservative
Business
• Normal Business Hours (Monday-Friday) : 9:00 am-5:00 pm
(Saturday): 9:00am-12:30pm
Government Offices (M-F):
10:00am-5:00pmBank Hours (M-F)9:00am-3:00pm
Department Stores (daily, except for one day closed usually Wednesday or Thursday)
10:00am-6:00pm• Normal lunch
break:12:00pm-1:00pm
Foreign Direct Investment
Religion
• No Official Religion
• There is Syncretism: The incorporations of many religious beliefs into everyday life
Education
• 90% of student attend high school
• 2.5 million students attend a university or college
• Literacy Rate 99%
Holidays
•The Public Holiday Law (1948)is what establishes the occasions that are recognized in Japan as a legal holiday
Unions
• Three Tiered Structure
National Centers
Trade Unions
Enterprise Unions
Economy
Labor
Interest Rates
TRADE
International Business
• Export Partners:• US 22.9%, China
13.4%, South Korea 7.8%, Taiwan 7.3%, Hong Kong 6.1%
• Import Partners: • China 21%, US 12.7%,
Saudi Arabia 5.5%, UAE 4.9%, Australia 4.7%, South Korea 4.7%, Indonesia 4%
Automobile industry
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Japan has truly entered the automobile market with a boom, in luxury and suv/truck sales taking off. Japan is the world's second largest automobile manufacturer and exporter, after the United States. Japan has six of the world's ten largest automobile manufacturers.
Imports
• Machinery and equipment, fuels, foodstuffs, chemicals, textiles, raw materials
• $524.1 billion f.o.b.
Steel and Iron
• A leading industry in Japan.
• Critical to economic growth in the 1950’s.
Exports
• transport equipment, motor vehicles, semiconductors, electrical machinery, chemicals
• $590.3 billion.
Business
Negotiations
• Quiet
• Calm
• In Direct
• Non Confrontational
• Conservative
Contract’s
Property
• Registering
• Availability
• Size
Credit
Disclosure Index
CDICommitment to Development
Sources
• Center for Global Development
• Google• YAHOO!• YAHOO! Finance• CIA Fact book• Nation Master• Kiss, Bow, Shake
Hands
• Encyclopedia Britannica Online