November 07, 2015

Japanese Customer News November 7th 2015














“According to Euromonitor data, Japanese people eat about 96 kilograms of vegetables and 34 kilograms of fruits per person per year. The cut vegetables and fruits market has been one of the significant booms in Japan, worth around US$750 million, due to the growing number of single-person households and ageing population, as well as strong demand for convenience foods”

Source: JAEPA opens opportunities for Australian vegetable exporters, Australian Trade Commission, Wednesday 4th November, 2015, Export Update, November 2015 edition


“Self-sufficiency of food production in Japan also remains relatively low. The rate on a calorific basis in 2014 was 39 per cent – the same rate since 2010.”

Source: JAEPA opens opportunities for Australian vegetable exporters, Australian Trade Commission, Wednesday 4th November, 2015, Export Update, November 2015 edition



“Japan retains impressive power resources. It is a democracy that has been at peace for 70 years, with a stable government and a high standard of living. Its per capita income is five times that of China”

Source: Japan sold short but Abe must push beyond comfort zone, By Joseph. S. Nye, Jr., The Australian, Wednesday 4th November, 2015, page 10.



“Japan Post Bank controls more than Y200 trillion (AUS$2.3 trillion) in assets. Making it one of the worlds largest asset managers. Its main profit comes from what it earns on those assets. About half the money is in Japanese government bonds”

Source: Japan Post prepares to deliver $12 billion IPO, by Atsuko Fukase, The Wall Street Journal, The Australian, Wednesday 4th November, 2015, page 24.



“The kotatsu is a table with an electric heater underneath and a heavy blanket on top. You’ll never need to leave your bed again with this Japanese innovation. It combines your bed, lounge seating and table into one incredibly cosy piece of furniture.”

Source: The Japanese innovation that lets you stay in bed all day by Madeleine Wedesweiler, The Age Newspaper Online, Nov 4, 2015 http://www.domain.com.au/news/the-japanese-innovation-that-lets-you-stay-in-bed-all-day-20151104-gkqp9q/





“The listing of Japan Post Holdings and its banking and insurance units is the world's biggest IPO this year and Japan's biggest since 1998. More than 80 per cent of the shares are being sold to individuals as the government hopes the $US12 billion privatisation will spur households to put more of the country's enormous pool of household savings in to the stock market….The offering put 11 per cent of each company in private hands. The government plans to eventually sell all of the bank and the insurer through additional offerings and retain a third of the parent. Some of the proceeds will be used to rebuild areas in the northeast that were damaged by the 2011 earthquake and tsunami”

Source: Japan Post surprises with strong debut, The Age Newspaper Online, Bloomberg, November 4, 2015 http://www.theage.com.au/business/markets/japan-post-opens-sharply-higher-after-us12b-float-20151104-gkqbxe#ixzz3ql4cTyWq



“Compared with seven years ago, people in Japan sent three billion fewer letters, packages and postcards in the year ending in March, according to Bloomberg. Japan Post is focusing on freight transport and expanding abroad. It bought Australian logistics company Toll Holdings this year for $6.5 billion (US$4.6 billion), its biggest acquisition.”

Source: Japan Post surprises with strong debut, The Age Newspaper Online, Bloomberg, November 4, 2015 http://www.theage.com.au/business/markets/japan-post-opens-sharply-higher-after-us12b-float-20151104-gkqbxe#ixzz3ql4cTyWq







“Eighteen months after opening its first store in Australia, Uniqlo has unveiled plans to open stores in Indooropilly next month and in Brisbane and Chatswood early next year, taking the number of stores to 10… Uniqlo generated sales of $33 million in the first five months after opening its first store in Melbourne's Emporium in April last year, according to ASIC filings, but sales for 2015 have not been released”

Source: Turning Japanese: Uniqlo unveils 10th Australian store, by Sue Mitchell, The Age Newspaper, November 5, 2015
http://www.theage.com.au/business/turning-japanese-uniqlo-unveils-10th-australian-store-20151103-gkq9gv



“Toyota, Nissan and Honda, all hope to bring a car to market about 2020 that the driver can switch to autopilot mode and want to use the Tokyo Olympics as a platform to unveil their cars of the future…. Japanese Prime Minister Shinzo Abe will also ease regulations to allow small drones to deliver packages in three years, which could encourage innovation in another field that Japan has lagged behind in recent years”

Source: Japan looks to self-driving cars, drones to spur innovation, by Stanley White and Takaya Yamaguchi, The Age Newspaper Online, November 5, 2015, http://www.theage.com.au/business/world-business/japan-looks-to-selfdriving-cars-drones-to-spur-innovation-20151105-gks294.html#ixzz3ql4Oduax







“Hiroko Masuhara and Koyuki Higashi arrived at city hall in the trendy Shibuya district early in the morning to collect the certificate that will allow them to rent an apartment, visit each other in hospital and gain a variety of other benefits as a couple…The certificate is not equivalent to a marriage certificate but does recognise the pair as a couple for benefits and hospital visitation purposes. Shibuya and Setagaya, considered the wealthiest of Tokyo's 23 wards, began issuing the certificates on Thursday..”

Source: Tokyo issues Japan's first same-sex partner certificates, by Shiori Ito, The Age Newspaper Online, November 5, 2015,
http://www.theage.com.au/world/tokyo-issues-japans-first-samesex-partner-certificates-20151105-gkrx6a.html










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