February 24, 2012

Japanese Customer News 24/2/12


#jcustomer

Japanese Customer News

Friday 24th February 2012


Picture: Japanese customer
 taking a break while out shopping



1. Japanese customers shopped in January according to recent sales figures store sales grew


“Sales at all stores increased 0.8% to 753.8 billion yen.”


Source: Nikkei, Tuesday Feb 21, 2012 http://e.nikkei.com/e/fr/tnks/Nni20120221D21SS019.htm





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2. Japanese parents likely to see Judo as a mandatory martial arts class at middles schools from April 1st, 2012


“When the Fundamental Law of Education was revised in 2006 to promote curriculums "valuing tradition and culture”


Source: Daily Yomiuri, Tuesday 21/2/12, http://www.yomiuri.co.jp/dy/national/T120220004311.htm





3. Japanese Customers selling their gold items as prices continue to rise


“More and more people who bought gold and jewelry in the 1980’s and 1990’s are selling back what they purchased”









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4. Japanese Interest rates 1985 – 2006 
compared to USA & Australia


Long Term Interest rates,


Average long-term interest rate % per annum in each period


Country   


              1985-1989  1990-1995   1996-2000    2001-2006
Japan       -                   5.1               2.1             1.4
USA         8.8               7.2               5.9              4.5
Australia   13.2              9.8               6.6              5.6
Mean        9.7               8.5               5.5              4.3


Source: Chapter 3, Economics page 52, How Australia Compares, Tiffen & Gittens, 2nd Edition, 2009.Table 3.7


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5. Inflation & Deflation as seen by Japanese customers



Inflation, 


Average annual rise in consumer price index,%


Country  


     1960-1973  1973-1979    1979-1989   1989-1999   2000-2007

Japan         6.2             9.9               2.5               1.1              -0.4
USA           3.2             8.5               5.5               3.0              2.8
Australia    3.5            12.2               8.4                2.5              3.2
Mean          4.6            10.4              6.3               2.4              2.0


Source:  Chapter 3, Economics page 52, How Australia Compares, Tiffen & Gittens, 2nd Edition, 2009.Table 3.6

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