October 31, 2015

Japanese Customer News October 31st 2015

“Australians consume 300kg of dairy product per person every year, while the Japanese are up to 80 kg each, China is still at 30 kg a head: the opportunity for growth is huge”

Charlie McEhone, International Trade Manager, Dairy Australia

Source: Big-cheese ambition is a feta accompli, by Sue Neales, The Australian, Monday 26th October, 2015, page 2.

“Sony is likely to strengthen its image sensor business by acquiring a competing arm from Toshiba sources say. Sensors are a core component of digital cameras…Analysts say market for sensors is likely to grow, in part because of smartphone demand”

Source: Sony pursues Toshiba sensor unit as camera focus intensifies, Wall Street Journal, The Australian, Monday 26th October, 2015, page 22.

“Japanese newspaper Yomiuri reported that Nippon Life was set to acquire 80 per cent of National Australia Bank’s (NAB) life insurance unit for Y220 billion (AUS$1.2 billion)”

Source: NAB set for $2bn sale of life unit, by Michael Bennet, The Australian, Wednesday October 28th, 2015, page 19.

“Top export destinations (for Australian dairy products)

Thailand $200 million

Japan $400 million

China $600 million

Source: Dairy Australia “

Source: Milk it for all its worth: farmers urged to expand and meet Asian demand, by Sue Neales, The Australian, Wednesday October 28th, 2015, page 19.

“Japanese companies selling in China have benefited from bargains created by the cheaper yen. Shares of Okamoto Industries, Japan’s dominant condom maker hit a record high this month and have jumped 183 per cent this year. AT Japanese duty-free, store Laox, $US 800 (AUS$1100) rice cookers and $US500 toilet seats are selling briskly”

Source: ‘New China’ firms going strong in a weak economy, by Wei Gu, The Wall Street Journal, The Australian, Wednesday October 28th, 2015, page 24.

“Nintendo said yesterday that its first mobile application would be called Miitomo … (making) the leap to smart phones…Nintendo could generate Y6billion (AUS$70 million) in operating profit a year from one smart phone game” said Osamu Kamada an analyst at Tokai Tokyo Securities”

Source: Nintendo puts its game face on, by Mayumi Negishi and Takashi Mochizuki, The Wall Street Journal, The Australian, Friday October 30th, 2015, page 24.

“One of the most daunting cities for foreign visitors, Tokyo is a manic, hyperactive assault on the senses…Japanese addresses are often confusing”

Source: Everything is better in the East, by Ingrid Williams, Australian Financial Review, 30th October – 1st November, 2015, L17, Life & Leisure.

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