Abenomics refers to the economic policy introduced
by Japanese Prime Minister, Shinzo Abe, the current
Prime Minister of Japan. Abe assumed office on 26
December 2012. His aim was to revive the sluggish
economy with Thre
Japanese Era Names
1603 -1867: Edo Period =Tokugawa Shogun
1868: Meiji Restoration
1868 1912: Meiji = Mutsuhito
1912 -1926: Taisho = Yoshihito
Mutsuhito assumed the throne in 1867, on October 23, 1868, the
era name w
MITI was one of the most powerful
agencies of the Government of Japan.
At the height of its influence, it
effectively ran much of Japanese
industrial policy, fun
One job for Life!
Lifetime Employment: Companies (mostly
large companies) hire their employees right after
graduating from colleges, and they stay working
there until their retirement. Its one job for life.
The government of Japan is a constitutional monarchy
where the power of the Emperor is limited, relegated
primarily to ceremonial duties.
His role is defined by the 1947 constitution as "the symbol
Location: Eastern Asia
Total: 377,915 sq km (145,850 Sq M)
It consists of 7,000 islands- The four main
islands: Hokkaido, Honshu, Shikoku, and
Slightly smaller than Califo
SAN FRANCISCO STATE UNIVERSITY
COLLEGE OF BUSINESS
IBUS 596-1: Doing Business in Japan
Schedule No. 69115
a uniquely Japanese form
of corporate organization
A keiretsu is a grouping or family of affiliated
companies that form a tight-knit alliance to work
toward each other's mutual success.
The member companies own small portions of the
In Japan where hierarchy and seniority are still valued,
business titles are seen as very important and a way of
reinforcing hierarchy. The Japanese are very sensitive
and respectful of authority. They be
Rivalry in postwar Japan was the fiercest force, but
fortunately for Japans largest firms the postwar
political economy allowed them to adapt measures
to harness some of the forces of com
There are only a few studies that look at the overall
drivers of corporate strategies in postwar Japan.
Most of the business research of the postwar period
In late 1997, the aftermath of the bubble economy
turned into crisis.
A series of scandals (banks, investment banks, the
Bank failures begun in 1995
The greatest obstacle to corporate renewal
was a dearth of laws.
In 1997, Japan began to revise the
Commercial code almost every
1998-2006: Japans political economy
underwent a dramatic change.
Lost Decade of stagnation-now clear it was
a turning point toward corporate renewal.
Profound transformation of the regulator
Japans Economic Bubble
The Japanese bubble economy is a period from
1986 to 1991, in which real estate and stock
The bubble's collapse lasted for more than a
decade with stock prices
Post War-Economic Miracle
Occupation by Allied Troops
General Douglas MacArthur was Supreme Commander of
the Allied Powers (SCAP), to supervise the occupation of
Goals:(1) eliminating Japan's war pot
Early History of Japan
Jomon Period ( - B.C. 300)
-fishing and hunting
Yayoi Period (B.C. 300 - A.D. 250)
-wet rice cultivation begins
Kofun Period (A.D. 250 - )
-The Yamato Court was established in 350.
Trans Pacific Partnership (TPP)
Trans Pacific Partnership
The Trans-Pacific Partnership Agreement ("TPP") is a free
trade agreement aimed at further expanding the flow of
goods, services and capital across borders and currently
being negotiated by twelve