JIN-508 -- The Big Sleep
jin at mailman.japaninc.com
jin at mailman.japaninc.com
Fri May 1 16:26:29 JST 2009
-----------------------------------------------------------
Every PBXL wireless phone comes standard with:
a big color screen,
a 03 Tokyo number,
voicemail,
and more!
Everything you expect from the best office phone system
on the market.
Call today! 03-4550-2557
Get your new phone system in 3 steps: http://www.pbxl.jp/plans
PBXL is Hosted Business Telephony
Monthly seminars at Cisco HQ: http://www.pbxl.jp/seminarstt
More about PBXL: http://www.pbxl.jp/aboutus2
-----------------------------------------------------------
J at pan Inc Newsletter
The 'JIN' J at pan Inc Newsletter
A weekly opinion piece on social, economic and political trends in Japan.
Issue No. 508 FridayMay 01, 2009, Tokyo
It's like something out of a Raymond Chandler novel... except it's
autoparts manufacturers being investigated not paralyzed millionaires
and their psychotic daughters. Well, actually it's nothing like a
Raymond Chandler novel - but there are P.I.s involved. Toyota, in its
bid to avoid going the same way as Chrysler, has been employing
private detectives to dig into the affairs of Toyota city's thousands
of parts suppliers. According to a report by Bloomberg, the automotive
giant has been paying the P.I.s to try to work out which of its parts
makers are going to fail and when. Toyota is looking to plug any
potential holes in its supply chains and this means that it will be
looking elsewhere if or, almost certainly, when, the suppliers go
down.
The Bloomberg story is worth reading. You can check it out here. The
article looks at Hironori Minezawa, a private detective that is sent
out to investigate companies whenever rumors start circulating about a
possible bankruptcy. The story quotes Tokyo-based supply chain analyst
Takeshi Miyao from CSM Worldwide, who says that a change in balance
could occur. Presently Toyota controls the procurement system,
squeezing parts suppliers profit margins. At the moment some
subcontractors' margins are as little as 1 percent or less, according
to the report.
It'll be interesting to see if the surviving parts makers both here
and elsewhere are able to claw back some control from a weekended
Toyota. Of course, Toyota has to survive. This would have been
unthinkable a year ago, but as their counterparts in the US are
showing us, anything is possible.
Bankruptcies in the Japanese auto sector were up 52 percent in March
compared to last year - 41 companies folded. In Aichi prefecture, home
to Toyota city where 80 percent of employment comes from the auto
industry, the number newly registered unemployed was up 88 percent in
February. The Japanese automakers' market share in North America has
increased but it is little consolation considering that Crysler just
declared bankruptcy, GM and Ford have needed to be bailed out and,
well, also considering that no-one is buying cars in the US...
But while our intrepid gumshoe Minezawa may have plenty of jobs over
the next year or two, at least there is some hope on the horizon.
Potentially anyway. On Thursday it was announced that overall
industrial output rose in March for the first time in six months.
Production rose by 1.6 percent from February. We have to be careful to
read too much into this but it is positive, nonetheless. The Bank of
Japan has still downgraded its forecast for the economy, stating that
GDP will shrink by 3.1 percent in the year to March 2010. Earlier, it
had forecast 2 percent. The IMF however, was more pessimistic,
forecasting the GDP to shrink by 6.2 percent.
The figures and forecasts are by no means fantastic but they do seem
to indicate that there has been some improvement. Reuters suggests
that the manufacturers' survival strategies - cutting production,
reducing shifts and laying off staff - may be working. Sentiment is
still bad as the recent Tankan survey showed but at least
manufacturers said that they expect industrial production to continue
to rise, by 4.3 percent during April and by 6.1 percent in May.
Michael Condon
Editor-in-chief
----------------- Web Hosting in Japan --------------------
With prices comparable to those available in the US, and a
full range of hosting services, there is no need to put up with
slow-downloading websites hosted overseas anymore.
With nearly 10 years experience in the Japanese market,
Tsukaeru.net provides great value for money to both the
Japanese and English speaking clients.
We provide low cost shared hosting accounts from just 210
yen per month,to fully managed complex hosting.
Customers moving from our competitors receive
up to JPY10,000 cashback on completion of migration.
http://tsukaeru.net/en
Isao 050-3533-8241
-----------------------------------------------------------
-----------------------------------------------------------
Entrepreneur Association of Tokyo - Seminar-Tuesday, May 12th
Speaker: Rob Van Nylen, Group CEO of JCS bvba
Rob Van Nylen's past endeavors have included working with
Euro-Japan Consulting Ltd. to help establish and grow the
Manneken, Belgian waffle shop chain to over 100 locations.
Rob is currently working as Group CEO of JCS bvba which is
marketing high-end decorative mirror products through Arte
Japan Ltd. and introducing a soon to be smash hit, Poken
through his distribution company Akoni KK.
Please sign up early while seats are available.
Date/Time: Tuesday, May 12th-Doors open at 6:30
(Seminar starts at 7:00)
Location: The Foreign Correspondents' Club of Japan
Language: English
Website: http://www.ea-tokyo.com
-----------------------------------------------------------
------------------- ICA Event - May 21 --------------------
Speaker: Tom Garry, Director of Sales Engineering,
Verizon Business
Title: Creating IT flexibility to contain costs, increase
productivity and manage IT architectures
Details: Complete event details at http://www.icajapan.jp/
(RSVP Required)
Date: Thursday, May 21, 2009
Time: 6:30 Doors open, Buffet Dinner included and cash bar
Cost: 4,000 yen (members), 6,000 yen (non-members)
Open to all-venue is The Foreign Correspondents' Club of Japan
http://www.fccj.or.jp/aboutus/map
-----------------------------------------------------------
--
Editor-in-chief
Media Division
J at pan Inc. Communications, K.K.
Business ・ People ・ Technology
Japan Inc. Communications, K.K.
10F Minami-Aoyama First Building,
7-8-1 Minami Aoyama,
Minato-ku, Tokyo 107-0062
Tel: 03-4550-2929 (general)
Tel: 03-4550-2855 (direct)
Fax: 03-4550-2859
Email: michael at japaninc.com
English www.japaninc.com
日本語 www.japaninc.com/jp
***********************************************
The information in this Internet email is confidential and may be legally
privileged. If you are not the intended recipient, any disclosure, copying,
distribution or other action taken on it is prohibited. If you have received
this E-mail message in error, please notify the sender immediately by
telephone. Please also delete the message from your computer. Thank you.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://mailman.japaninc.com/pipermail/jin/attachments/20090501/ebfdef92/attachment.html
More information about the JIN
mailing list