● “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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