October 14, 2013

Japanese Customer Newsletter October 14th 2013

Japanese Customer Newsletter, October 14th 2013.

#1. Solar Energy

“Japan's feed-in-tariffs (FIT) for renewable energy are almost 3 times higher than in Germany….94% of the first wave of renewable energy projects under Japan's feed-in-tariffs are for solar. However, wind, biomass, geothermal projects are also in preparation, and will follow.”

Source: Thriving solar energy project in Japan thriving,July 16th 2013, Eurotechnology Japan

#2. Food

“Yakiniku (Korean barbecue) restaurants have been popular in Japan for a long time now…of all types of restaurants in Japan, the yakiniku sector has grown a hearty 14% compared to the previous year. ….As a result we are seeing other restaurants and bars adopting charcoal grills to tap into this success.”

Source: Business booming for yakiniku restaurants, but are customers chemically dependent on meat? July 16th 2013, Japan Today

#3 Coffee

“consumption in the developed world—American, European and Japanese drinkers consume more than half the world's coffee—is flat, and the recession has squeezed the profits of big food companies such as NestlĂ© and Kraft.”

Source: Why are coffee-growers unhappy? By E.H, July 15th, 2013
The Economist

#4. English

“EF Education First (EF) English Proficiency Index (EPI). …..Japan ranked 22nd of 54 countries. The findings for Japan showed differences by region, gender and age group. Scores from Tokyo and the wider Kanto region exceeded those of other areas of the country, likely due to the greater concentration of international business operations and opportunities to use English.”

Source: EF Japan helps foster future leaders, By Chris Betros, Japan Today, July 15th 2013

#6. Quote

“she was too distracted to look at him, ..but then this kind of thing happened often enough in this cold, unfriendly workplace." p8

Natsuo Kirino

Source: Novel: Out

#7. Deflation

“by pledging to double the monetary base, the Bank of Japan managed to engineer a massive foreign investor driven currency depreciation under the guise of domestic monetary stimulus. However, by front loading the effect of QE into weakening the currency, the first impact on the world was disinflationary because a weaker yen exports deflation to the rest of the world by making Japanese goods and services cheaper.”
Henry Maxey, a fund manager at Ruffer Investment Management

Source: Markets and monetary policy,The deflation/inflation conundrum, Jul 12th 2013, 16:51 by Buttonwood, The Economist

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