🌸Japanese Customer : Industry

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Showing posts with label Industry. Show all posts
Showing posts with label Industry. Show all posts

May 01, 2015

Fitch rating down grades Japan's credit rating from A+ to A

10,000 yen note

Picture: 10,000 yen note 





"Fitch Ratings downgraded Japan's credit rating by one notch after the government failed to take steps in this fiscal year's budget to offset a delay in a sales tax increase...Fitch cut its rating on Japan by one notch to A, which is five notches below the top AAA rating. "







Source: Fitch downgrades Japan, joins Moody's in warning on fiscal policy
April 28, 2015
Stanley White
The Age newspaper





April 11, 2015

Japanese companies are large investors into the Australian food industry


Video: Japanese Investment in Australia
Source: Austrade You Tube Channel
http://www.youtube.com/watch?v=bhJeG4Xd2b8



"Japan remains a vital stakeholder in the 
Australian food industry. It's investment is 60 percent larger than China's, coming from the likes of KIrin, Asahi, Marubeni, Itochu and Sumitomo"





Source: China's appetite heralds good times for Aussie growers
By Damon Kitney
The Weekend Australian
2nd November, 2013, page 23

March 20, 2015

Japan leads smartphone game market in terms of cash revenue



Japanese flip phone Copyright Peter Hanami 2007

Picture: Japanese flip phone



"Japan is by far the world's No. 1 biggest smartphone games market by cash income (other markets are bigger in terms of free downloads, but Japan is No. 1 globally in terms of cash revenues). So Japanese game companies have a big home advantage."


Source: Eurotechnology.com Newsletter
 March 19th 2015

January 20, 2015

Japan's Daiwa house maybe looking at investing in Australian homebuilder Devine

Housing in Tokyo Copyright Peter Hanami 2007
Title: Housing in Tokyo 






"Japan's biggest homebuilder by market value. Daiwa House Group, is understood to be looking at the purchase of listed residential developer Devine, majority owned by Leighton Holdings....Daiwa...has set up an Australian company headed by Masaomi Yamadira"



Source: Japan's Daiwa shows interest in Leightons Devine
By Matthew Cranston
Australian Financial Review
Thursday 3rd July 2014, page 39


October 03, 2014

Softbank chief Masayoshi Son estimated Japans richest man with $16.6 billion



 
Japanese sake Copyright peter hanami 2007
 Picture: Japanese sake 
 
 
 
"..Softbank chief Masayoshi Son ($16.6 billion) has surpassed Fast Retailing Co. Chairman Tadashi Yanai ($16.2 billion) as Japan’s richest man."



Source: Small Print: October 1, 2014
Death for meth, gangster golf, May J. and more...
By Steve Trautlein Posted 2 days ago | Issue 1071
http://metropolisjapan.com/small-print-october-3-2014/

September 23, 2014

88 percent of electricity in Japan generated by LNG and coal according to report



Japanese electricity plug & outlet Copyright peter hanami 2005
Picture: Japanese electricity plug & outlet 


"Japan has more than doubled soalr capacity to about 13,500 megawatts since beginning a clean energy incentive program in July 2012. ...Fossil fuels such as liquefied natural gas and coal now account for 88 per cent of power produced in Japan...While renewable sources that also include wind and geo thermal account for just 2.2 per cent of electricity generation"


Source: Farmers reap solar benefits 
By Aya Takada & Chisaki Watanabe
Bloomberg
Thursday May 29th 2014, p22

September 08, 2014

Australian businesses must get serious about North Asia opportunities according to Catherine Livingstone, Business Council of AUstralia

Japanese Green tea with Manju Copyright Peter Hanami 2007 all rights reserved
Picture: Japanese Green tea with Manju



(Australian) "Business needs to devise implementation strategies to maximize the opportunities that will arise from getting preferential access to North Asian markets and managing costs and increasing productivity in order to be genuinely attractive to our regional customers" 


Catherine Livingstone, President Australian Business Council of Australia


Source: Asia in no doubt Australia means business
By Catherine Livingstone
The Australian Newspaper
Monday 28th APril 2014, page 12

Read full article here

July 21, 2014

"Japanese automakers...focus on core principles that don't change: reliability, affordability and practicality" Rework - Jason Fried







"Japanese automakers...focus on core principles that don't change: reliability, affirdability and practicality. People wanted those things thirty years ago, they want them today, and they'll want them thirty years from now"

Source: Rework - Change the way you work forever
By Jason Fried & David Heinemeier Hansson
Page 85
Vermilion books, 2010

June 20, 2014

Japan has completely liberalised the retail electricity market

Electric bath control panel Copyright  2005
Title: Electric bath control panel 




"We have implemented complete liberalisation of the retail electricity market" and scrapped a 40 year old subsidy to cut rice planting, Mr. Abe said"




Source: BOJ puts the ball in Abe's court
By Gerard Baker, Jacob.M.Schlesinger
The Wall Street Journal
The Australian
Monday May 26th, 2014, page 20 

June 15, 2014

Japanese companies increasingly interested in Australian financial service firms

Suburban street scene, Australia Copyright 2006
Picture: Suburban street scene, Australia 



"Japanese firms have demonstrated an appetite for building their prescence in Australia's financial scene...Nikko Asset Management snaffled the assets of Suncorp Group in 2010, the same year Dai - Ichi (Life Insurance) bought out the remainder of Tower Australia (in a $1.6 Billion deal)"




Source: National Australia Bank touts MLC risk book
Street Talk
Australian Financial Review
Thursday 3rd April 2014, page 22

April 16, 2014

Exclusive: Japanese fashion brand Uniqlo opens first Australian store in Melbourne today opened by the founder Tadashi Yanai, Japan's richest man




Video: The opening of Uniqlo's first Australian store in Melbourne, Wednesday 16th April 2014

Source: Japanesecustomer.com YouTube Channel


At 7am this morning in Melbourne, Australia security guards lined Lonsdale street in front of Australia's newest and largest fashion retail space the Emporium Building and questioned morning pedestrians on their way to work as they passed the new shopping centre to be officially opened today with Australia's first Uniqlo store. Dogged with industrial action during its long construction and delayed start date, today it finally opened! 

The air was still cool, the moon still in the sky and the sun slow to rise in the CBD. A buzz was in the air as many people on the street knew about the store and stopped to take photos as they walked past. Staff manning a pop-up coffee stall bounced around to keep warm as they set up, many staff lined the street in front of the store getting ready for the official launch at 9.50am for the official tape cutting by the founder Tadashi Yanai, Japan's richest man with an estimated wealth of AUS $18.2billion.

The crowd slowly built up during the early morning and by the time the tape cut came at 9.50am , Lonsdale street was full of customers lining up waiting to enter the store at 10am. 

Japanese customer service is based on many principles such as omotenashi (hospitality) and kikubari (anticipating customer needs). 

This was in full swing even before customers entered the store with, polite staff keeping those who waited in line, warm with drinks such as freshly brewed coffee. Japanese customer service is the benchmark of Asia, amazing to watch but impossible to replicate or match so far by western companies.

Inside the four storey store, many colourful displays for men, women and children were on display. The store was overstaffed with customer service staff just as in a typical Japanese store, a very good sign for Melbourne shoppers.

Uniqlo is renowned for high quality with low prices and ongoing new products and promotions. Customers are typically spoilt once inside the store. You enter the changing rooms and can get alterations done on the spot if you decide to buy pants in most cases. If a store does not stock an item advertised they will track the item down for you at another store and notify you when it is in stock.

In my experience with Uniqlo in Japan over the past ten years their customer service is world class.

For example

I once bought a business shirt in Tokyo and on returning home found a button hole was not properly sewn. I called the store, spoke to staff and within 2 hours a member of staff, had personally come out to my house and brought a replacement shirt. Yes, WOW! So if this is any indication of what to expect, you will be pleasantly surprised by their customer service.



Picture: Uniqlo logo


Check out some of the products to look for when you visit

Our range of Uniqlo product review videos

Video: 

 Uniqlo Product Review 

Mens 240 gram down jacket ユニクロ




Video: 

Product Review Uniqlo Fleece 
















Press today announcing today's launch

"Ranked the world's 35th richest person and Japan's richest man at $18.2 billion, Mr (Tadashi) Yanai has ambitious plans for his low-cost casual wear store, a household name in Asia, to revolutionise the Australian fashion market" page 1

"He admits that labour costs and rent in Australia are high and would make it difficult for the company to keep their trademark low prices. "Labour costs and import duty is very high" page 1

"A pop-up Uniqlo store has been operating in Melbourne since January meters away from the Lonsdale street, 2180 square metre, four storey shop" page 8

" Uniqlo is a wholly owned subsidiary of listed Japanese company Fast Retailing and has more than 1200 stores in 14 countries" page 8

Source: Japanese giant Uniqlo uses Australia roadmap
By Patrick Durkin and Lucille Keen
Australian Financial Review
Wed 16th April, 2014



"High profile Japanese retailer Uniqlo is set to open its first Sydney store, taking space at Lend Lease's Mid City Complex at the premier retail strip Pitt Street Mall"


Source: Uniqlo signs for Sydney space
By Mercedes Ruehl
Australian Financial Review
Wed 16th April, 2014, page 37


"You have 20 million population in this marketplace, and we aim for one store per 200,000 people, so 100 stores will be just enough to cover it" Tadashi Yanai "I'm hopeful that 50 more stores could be built in three years, so if that is doable, I'd be very happy" p19

"Uniqlo is also set to launch a new website today specifically for Australian customers who previously were unable to buy Uniqlo's products from the chains international operations" p19

Source: 
The Australian Newspaper
Wed 16th April, 2014

Video: Mark Hawthorne from the AGE newspaper interviews Tadashi Yanai 




#exclusive #uniqlo #breakingnews #melbourne #australia #opening #video #launch #japan

March 28, 2014

"Japan's deficit has also increased because we started importing more products" Tohru Sasaki - J.P.Morgan




"Japan's deficit has also increased because we started importing more products from outside mainly from China and other Asian countries" 


Tohru Sasaki - J.P.Morgan's head of Japan rates and foreign exchange research


Source: Japanese investors will love $A strategist
By Bianca Hartge - Hazelman
Australian Financial Review
Friday 28th February 2014, page 22

March 25, 2014

"Japan is feeling inflationary pressure" Tohru Sasaki, J.P.Morgan

"Japan is feeling inflationary pressure probably because of increasing imports from Asian countries which is why their trade balance is deteriorating"


Tohru Sasaki, J.P.Morgans head of Japan rates and foreign exchange research


Source: Japanese investors will love $A strategist
BY Bianca Hartge - Hazelman
Australian Financial Review
Friday 28th February, 2014 page 22

March 21, 2014

"Someday maybe the pace of the trade deficit (Japan) will increase" Tohru Sasaki - J.P.Morgan




"Someday maybe the pace of the trade deficit will increase and eventually the current account surplus will run into a deficit - it is worrisome" Tohru Sasaki - J.P.Morgan's head of Japan rates and foreign exchange research


Source: Japanese investors will love $A strategist
By Bianca Hartge - Hazelman
Australian Financial Review
Friday 28th February 2014, page 22

March 18, 2014

Japan's investment in Australian property in 2013 estimated at $4.58 billion

"Japan dropped out of the top five foreign direct investors (Australian Property)...Japan has slipped to sixth....Japan's investment was worth $4.58 billion with 11 approvals and $3 billion in mineral exploration"

Source: Chinese investors jump to top of property buying list
By John Kerin & Robert Harley
Australian Financial Review
Saturday 1st March 2014, page 8

March 17, 2014

Japanese yen may fall below Y100 against the US dollar according to J.P.Morgan head of research

Japanese currency Copyright Peter Hanami 2005
Picture: Japanese currency 



"Mr. Sasaki (J.P.Morgan's head of Japan rates & foreign exchange research) ..believes the yen could "break below Y100 (against the dollar) in one year's time" which would be the lowest that it has been since November"



Source: Japanese investors will love $A again strategist
BY Bianca Hartge - Hazelman
Australian Financial Review
FRiday 28th February, 2014, page 22



March 15, 2014

Japan Post announces a $US 13 billion investment prior to public stock offering

Japan Post delivering mail in Japan Copyright 2014
Picture: Japan Post delivering mail in Japan 






"Japan's postal system which runs one of the worlds biggest banks as well as the nations largest insurers, has announced a $US$13 billion investment plan to pave the way for a public stock offering next year "




Source: Japan Post sinks $US $13bn to deliver float
BY Atsuko Fukase
The Wall Street Journal
The Australian Newspaper
Friday February 28th 2014, page 21

March 14, 2014

Bitcoin collapse in Japan reminds Japanese investors of prior fraud case involving "enten"

"While Bitcoin has faced relatively little scrutiny in Japan, it has invited comparisons to a scandal involving enten, an electronic currency used by a Tokyo company to defraud investors of billions of yen in the Mid-2000's"


Source: Bitcoin faces greater regulation after Mt.Gox collapse
By Hiroko Tabuchi & Rachel Abrams
New York Times
Australian Financial Review
Saturday 1st March 2014, page 11



March 13, 2014

Japan has a uranium inventory estimated at 100 million tonnes

" Japan's uranium inventory sits at 100 million tonnes and will swell by about a fifth this year if its nuclear generators remain idle"


Source: Japan's nuclear plans put a glow on uranium
The Lex column
Financial Times
The Australian Financial Review
Wednesday 5th March 2014, page 27

February 23, 2014

Japanese customer demand for 40 year mortgages increasing as a way to enter housing market


Apartments in Tokyo, Japan Copyright Peter Hanami 2007
Picture: Apartments in Tokyo, Japan 



¨Demand for 40-year mortgages maybe set to rise as buyers try to get a foothold in the housing market.....demand for the longer period mortgages is rising in Canada, the UK and Japan



Source: Forty-year terms for first timers
By Larry Schlesinger
Australian Financial Review
Saturday 22nd February 2014, page 10