April 18, 2012

News Wednesday 18th, April 2012


Japanese Customer News

Wednesday 18th, April 2012

Book: Rediscovering Japanese Business Leadership


"explores the experiences and philosophies of 15 Japanese managers who are steering their companies to new growth in the twenty-first century."

1. Only one out of Japan’s 54 nuclear reactors now online

“ From supplying 30% of Japan’s electricity, all but one of Japan’s 54 reactors are now offline

Source: Japan close to nuclear restart by Tsuyoshi Inajima, Australian Financial Review Newspaper, Wednesday 11th April, 2012, page 45

2. Is the Japanese consumer the world’s most discerning?

the Japanese consumer is still probably the most discerning consumer in the world

3. 7 Eleven opening new stores in Japan

opened 1,201 new 7-Eleven stores in Japan--a record for Seven & i--and shut 428 stores in the just-ended year, bringing the total number in Japan to 14,005 as of February 29. It also aims to open 1,350 new stores--another record--in the current fiscal year ending February 2013.

Source: CSPNET

4. A cold winter pushes up the sales of retailer Uniqlo

“ An unusually cold winter in Japan had boosted sales of Uniqlo’s popular “Heattech” products as well as light-weight down jackets and pants.. Fast Retailing said it expected to earn 81.50 billion yen on sales of 945.1 billion yen for the full year ended in August, up from its previous forecast of 70 billion yen and 937 billion yen, respectively.

Source: Japan Today

5. Japanese foreign investment estimated at 56% of GDP

The much touted Japanese household frugality combined with the country’s decades of trade surpluses has resulted in a net foreign investment of 56%; in effect, the Japanese private sector owns 233% of GDP in Japanese government bonds plus 56% of GDP in foreign assets.

Note:  Many Japanese websites delete their links after 24 hours

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