* * * * * * * * * T E R R I E 'S T A K E * * * * * * *<br>A weekly roundup of news & information from Terrie Lloyd.<br>(<a href="http://www.terrie.com">http://www.terrie.com</a>)<br><br>General Edition Sunday, May 16, 2010 Issue No. 565<br>
<br>+++ INDEX<br><br>- What's new<br>- News<br>- Candidate roundup/Vacancies<br>- Upcoming events<br>- Corrections/Feedback<br>- News credits<br><br>SUBSCRIBE to, UNSUBSCRIBE from Terrie's Take at:<br><a href="http://mailman.japaninc.com/mailman/listinfo/terrie">http://mailman.japaninc.com/mailman/listinfo/terrie</a><br>
<br>BACK ISSUES<br><a href="http://www.japaninc.com/terries_take">http://www.japaninc.com/terries_take</a>, or,<br><a href="http://mailman.japaninc.com/pipermail/terrie/">http://mailman.japaninc.com/pipermail/terrie/</a><br>
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<br>------------- PBXL is Business Communications -------------<br><br><br>+++ WHAT'S NEW<br><br>Now that Japan's population is officially dropping and will<br>probably continue to do so for the foreseeable future, it <br>
is easy to predict that from here on we will start to <br>experience a surplus of vacant housing. Actually, this <br>trend is already happening in the countryside areas all <br>over the nation, not just from people dying faster than <br>
they are born, but also because of the ongoing trend of <br>urban migration. <br><br>Indeed, last year, Tokyo was one of the few cities to <br>continue recording an increase in population, adding 83,000<br>people. And if you include the surrounding bed towns, then <br>
the migration trend is even more obvious. So just how many <br>vacant properties are there in Japan? According to the <br>Internal Affairs and Communications Ministry in 2008, there<br>were an amazing 4.127m unoccupied housing units, up 451,900<br>
from 2003. <br><br>That's a lot of unused homes.<br><br>[Continued below...]<br><br>----------- Making Web Sites More Affordable --------------<br><br>LINC Media's Electronic Commerce team is proud to announce<br>
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<br>Unoccupied homes, otherwise known as "akiya" in Japan <br>apparently account for about one in eight dwellings. We <br>could not find any definitive figures, but from our <br>experience, they fit broadly into three major categories:<br>
<br>1) The ancestral home, where all the kids have moved to <br>nearby cities and mom and pops are either in old age homes <br>or have already died of old age. These houses are <br>recognizable because they're older style homes that are <br>
being overrun by vines and vermin, and yet no one seems to <br>be making much effort to stop the rot. Most such homes <br>should be demolished, but since this costs more than the <br>place might be worth, the family legally leaves things as <br>
they are. Many of these homes are beyond repair and <br>although officially registered are uninhabitable.<br><br>2) Next are the apartments and postage stamp size houses <br>in bed towns and the countryside where people have simply <br>
upped and moved to the city and were unable to sell the <br>house. Often these places have tax liens against them, and <br>you can often see them coming up for sale in tax <br>foreclosures. Check out the site <a href="http://bit.sikkou.jp/">http://bit.sikkou.jp/</a>. We <br>
have a friend in Okayama who bought one of these houses and<br>she was telling us about a property consisting of a <br>recently built log house on 60 tsubo of land, that was <br>being sold by the local court for just JPY3MM. That would <br>
have been about 50% of the replacement value of the house <br>alone. Of course, you'd have to want to live in the deep <br>countryside to wind up with such a bargain. The closer you <br>get to the major cities, the higher the bids by people <br>
wanting to buy foreclosed property. You can track the bids<br>on the website. Quite interesting stuff. All in Japanese of<br>course.<br><br>3) Second homes owned by wealthy city dwellers who fell in <br>love with a town or countryside location, bought some <br>
property and built a house, then forgot about it. The best <br>way to find these places is to drive around your favorite <br>location and go in and pester the local real estate agents.<br>Favorite places to find such homes include the Izu <br>
Peninsular, Karuizawa, and in and around Mount Fuji. Now <br>that several foreign banks are willing to lend against <br>second homes, this is quite viable as an option. We're told<br>the key to a bargain is to be persistent with the owner and<br>
wait until they need the money badly enough. With the <br>economy sputtering along the way it is, you may not have to<br>wait that long.<br><br>You can find akiya all over the country, and particularly <br>out in the countryside. Trawling the internet has turned up<br>
some quite interesting websites and blogs of foreigners who<br>have bought into local communities rather cheaply, by <br>acquiring a disused Japanese style house ("Minka") and <br>fixing it up. Not all the experiences being posted are <br>
positive, but they certainly point to the fact that in the <br>face of declining populations, many countryside towns would<br>welcome anyone, even foreigners, into the midst so long as<br>it means the rejuvenation of their community.<br>
<br>One reason why foreigners are a good fit to solve the <br>vacant housing problem is that they are more willing to <br>live in older properties and to perform their own <br>maintenance. Japanese have been educated over the last 50 <br>
years that housing older than 25 years old should be <br>demolished and rebuilt, leading people to really only want <br>to buy new places. This writer knows this firsthand, after <br>a relative bought a countryside property, built a <br>
substantial Japanese-style post-and-beam house on the land <br>(and which will last another 50 to 100 years), but being <br>told by the bank several years ago that the house itself is <br>now considered to already have zero value....!<br>
<br>So with this in mind, we have been wondering if there isn't<br>a business in gathering information about akiya, and <br>setting up some kind of buy-sell-rent exchange center, <br>where a property manager would handle the details but <br>
owners could find tenants looking for a bargain. There is<br>in fact such a company doing this, and we met with them <br>last year, but they told us that the demand by Japanese <br>themselves for akiya is very low. As a result, although <br>
they are the largest handler of akiya in the nation, they <br>only have 4,500 dwellings on their books. <br><br>Akiya might be in low demand with Japanese right now, but <br>if the polarization in the economy continues for much <br>
longer, there will be an increasing number of people who <br>can't be choosy. And then, of course there are the <br>foreigners. Our imagination quickly conjures up a program <br>of akiya communities in, say, Kyushu or Sado Island, <br>
serving Chinese and students of other nationalities, <br>needing somewhere cheap to live while they study Japanese. <br>We don't know if the locals would be too happy about it, <br>but we figure they will get over it as the rent money starts to<br>
flow. :-)<br><br>Or are property owners just too stubborn to want foreigners<br>in their midst?<br><br>The Japan Times ran an interesting article last week about <br>an organization called the Japan Property Management <br>
Association, which called a seminar of 170 real estate <br>agents to discuss how to get more foreigners into the <br>vacant housing stock of the nation. Indeed, with <br>foreigners in Japan being the only increasing population <br>
group, it is inevitable that they will be the renters of the <br>future.<br><br>The seminar basically dug up the same old stuff about the <br>majority (60% according to one survey) of all estate agents<br>being uncomfortable dealing with foreigners and not being <br>
able to communicate. It appears that the Association is <br>making vigorous efforts to help overcome the language <br>barrier and has published guides in four foreign languages <br>for non-Japanese tenants, spelling out the rules of <br>
tenancy. It is going to take a long while for old <br>prejudices to be broken down and certainly the problem <br>isn't just non-Japanese speaking foreigners not knowing<br>which trash to throw out on which specific day. <br>
<br>In the end, we wonder if the language of cold hard cash <br>might not overcome that discomfit? This has certainly been <br>the experience of another moribund area that was <br>rejuvenated by foreigners moving in -- we speak of <br>
Nisseko. Sooner or later, the financial needs outweigh the <br>emotive ones: Maslow's hierarchy of needs at work...<br><br>*******<br><br>Last call for any budding entrepreneurs wanting to start a<br>company in Japan. Our quarterly Entrepreneur Handbook <br>
seminar is taking place next Saturday, May 22nd. We still<br>have some seats available. If you are already in business, <br>or are simply thinking about it, this seminar will help you<br>figure out what to expect and how to deal with the <br>
inevitable challenges that will come your way. <br><br><a href="http://www.japaninc.com/entrepreneur_handbook_seminar">http://www.japaninc.com/entrepreneur_handbook_seminar</a><br><br><br><br>...The information janitors/<br>
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-----------------------------------------------------------<br><br><br>+++ NEWS<br><br>- Solar-electric car test in Tsukuba<br>- Nissan Leaf orders exceed factory output<br>- IMF reckons government debt to hit 250% of GDP<br>
- Vege prices back under control<br><br><br><br>-> Solar-electric car test in Tsukuba<br><br>The first full-scale test of an electric vehicle charging <br>system using solar power to top up the recharging station <br>batteries is being launched in Tsukuba, in cooperation with<br>
Mazda. What's interesting is that the Mazda <br>DemioProgression is powered by Norwegian company Think <br>Global's drive trains and the US-based Enerdel's <br>solar-driven charging stations. The test will be called the<br>
Tsukuba Environmental Style Test Project. (Source: TT <br>commentary from <a href="http://tonic.com">tonic.com</a>, May 15, 2010)<br><br><a href="http://www.tonic.com/article/japan-first-test-solar-electric-car/">http://www.tonic.com/article/japan-first-test-solar-electric-car/</a><br>
<br>-> Nissan Leaf orders exceed factory output<br><br>While doubters wonder if all the effort will actually pay <br>off, Nissan's Carlos Ghosn is having his company forge <br>ahead with plans to ramp up production of the all-electric <br>
Leaf vehicle, which will go on sale in December this year. <br>According to Ghosn, Nissan has already received 13,000 <br>orders in the U.S. and Japan, exceeding the 12,000 vehicles<br>that it can actually produce between now and March 2011. <br>
(Source: TT commentary from <a href="http://businessweek.com">businessweek.com</a>, May 13, 2010)<br><br><a href="http://www.businessweek.com/ap/financialnews/D9FLQBCO0.htm">http://www.businessweek.com/ap/financialnews/D9FLQBCO0.htm</a><br>
<br>-> IMF reckons government debt to hit 250% of GDP<br><br>The International Monetary Fund (IMF) reckons that Japan's <br>government debt will hit 250% of GDP by 2015 if spending <br>and deficits continue at the current rate. At present it <br>
says that Japan's deficit will be 9.8% of GDP for 2010, <br>dropping down to 7.3% by 2015. ***Ed: Not sure why the IMF <br>thinks that the government has the guts to implement the <br>austerity measures needed to get the deficit down by any <br>
meaningful amount -- although it does mention the <br>consumption tax rising to 10% as one way. Instead we think <br>there will need to be an international loss of confidence <br>in Japan and a run on its bond market, to cause the <br>
government to take any action.** (Source: TT commentary <br>from <a href="http://nikkei.com">nikkei.com</a>, May 15, 2010)<br><br><a href="http://e.nikkei.com/e/fr/tnks/Nni20100514D14JFN04.htm">http://e.nikkei.com/e/fr/tnks/Nni20100514D14JFN04.htm</a><br>
<br>-> Vege prices back under control<br><br>Vegetable prices rose 30%-45% higher than normal in April, <br>due to the late cold weather that plagued the nation this <br>year. Now that warmer weather has returned, prices are <br>
coming back down to normal levels. According to the Nikkei,<br>the wholesale price of cabbages is now 45% lower than four <br>weeks ago and spinach is down by 30%. ***Ed: Makes you <br>realize that despite all the talk of imports from China, a <br>
lot of household produce is still grown locally.** (Source:<br>TT commentary from <a href="http://nikkei.com">nikkei.com</a>, May 13, 2010)<br><br><a href="http://e.nikkei.com/e/fr/tnks/Nni20100512D12JFA05.htm">http://e.nikkei.com/e/fr/tnks/Nni20100512D12JFA05.htm</a><br>
<br><br>NOTE: Broken links<br>Many online news sources remove their articles after just a<br>few days of posting them, thus breaking our links -- we<br>apologize for the inconvenience.<br><br>***------------------------****-------------------------***<br>
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***------------------------****-------------------------***<br><br>+++ CANDIDATE ROUND UP/VACANCIES<br><br>=> BiOS, a Division of the LINC Media group, is actively <br>marketing the following positions for customers setting up <br>
or expanding in Japan, as well as other employers of <br>bilinguals.<br><br>** HIGHLIGHTED POSITION(S)<br><br>BiOS is now sourcing experienced candidate for the role of <br>eSourcing Account Manager, to work in a specialist <br>
eAuctions company and aid in the rapid expansion that <br>their fledgling Japan side operations are currently <br>enjoying. In this role you will be responsible for a <br>variety of tasks including project management, executing <br>
reverse eAuctions, category expertise, strategic sourcing <br>and assisting sales meetings, and will report directly to <br>the Managing Director. International travel is also a part <br>of this role.<br><br>As an ideal starting point to your application you will <br>
have at least 3 years experience in a procurement <br>environment, hopefully more, and ideally in a retail <br>procurement background. As well as this, you will need to <br>have a strong eye for detail, excellent communication <br>
skills, and an energetic go getting attitude to support <br>the growth of this expanding company.<br><br>Remuneration is JPY4.5m – JPY5.5m depending on your <br>experience and level.<br><br>** POSITIONS VACANT<br><br>- Jnr Sales Rep, Plastics Manf, Ebina, JPY4m – JPY6m<br>
- Onsite Coordination Mgr, Global Vendor, JPY3m – JPY4.5m<br>- 1st Tier, H/w & Apps Support, Global Vendor JPY3m – JPY4m<br>- FileNet Architect, European Insurance co., JPY6m – JPY7.5m<br>- Unix Engineer, Okinawa I-Bank, JPY4m – JPY5m<br>
<br>Interested individuals may e-mail resumes to:<br><a href="mailto:stuart.gibson@biosjp.com">stuart.gibson@biosjp.com</a><br><br>** BiOS Job Mail<br><br>Every 2 weeks BiOS sends out a regular communication to its<br>job seeking candidates, called BiOS Job Mail. Every edition<br>
carries a list of BiOS's current and most up-to-date<br>vacancies, with each entry featuring a short job<br>description and a direct link to the main entry on the BiOS<br>home page. Regardless of whether you are unemployed and<br>
searching, thinking about a career change, or just curious<br>to know if there is something out there that might suit you<br>better, the BiOS Job Mail newsletter is an easy and<br>convenient way for you to stay informed. If you would like<br>
to register for the BiOS Job Mail, or to find out more,<br>please email <a href="mailto:stuart.gibson@biosjp.com">stuart.gibson@biosjp.com</a>.<br><br>Interested individuals may e-mail resumes to:<br><a href="mailto:stuart.gibson@biosjp.com">stuart.gibson@biosjp.com</a><br>
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<br><a href="http://www.cch-japan.jp">www.cch-japan.jp</a><br><br>-----------------------------------------------------------<br><br>***------------------------****-------------------------***<br><br>+++ UPCOMING EVENTS/ANNOUNCEMENTS<br>
<br><br>------------ Entrepreneur's Handbook Seminar --------------<br><br>Start a Company in Japan<br><br>Entrepreneur's Handbook Seminar 22nd of May, 2010<br><br>If you have been considering setting up your own company,<br>
find out what it takes to make it successful.<br>Terrie Lloyd, founder of over 13 start-up companies in Japan,<br>will be giving an English-language seminar and Q and A on<br>starting up a company in Japan. Over 300 people have <br>
attended this seminar over the last 8 years.<br><br>This is an ideal opportunity to find out what is involved,<br>and to ask specific questions that are not normally answered<br>in business books. All materials are in English and are <br>
Japan-focused.<br><br>For more details:<br><a href="http://www.japaninc.com/entrepreneur_handbook_seminar">http://www.japaninc.com/entrepreneur_handbook_seminar</a><br>-----------------------------------------------------------<br>
<br>------------------ ICA Event - May 20 ---------------------<br><br>Speaker: Jean-Denis Marx-Partner<br>-Baker & McKenzie Tokyo Aoyama Aoki Koma Law Office<br>(Gaikokuho joint enterprise)<br><br>Topic: Employee Rights in Japan<br>
<br>Details: Complete event details at <a href="http://www.icajapan.jp/">http://www.icajapan.jp/</a><br>(RSVP Required)<br><br>Date: Thursday, May 20, 2010<br>Time: 6:30 Doors open, Buffet Dinner included and cash bar<br>
Cost: 4,000 yen (members), 6,000 yen (non-members)<br>Open to all - Venue is The Foreign Correspondents' Club of Japan<br><a href="http://www.fccj.or.jp/aboutus/map">http://www.fccj.or.jp/aboutus/map</a><br><br>-----------------------------------------------------------<br>
<br>------------------- KEA Japan Event -----------------------<br><br>Kea Japan is honored to host an event with Brian Martin<br>Chairman of Japan New Zealand Business Council.<br><br>Brian has worked for companies around the world. Hear how <br>
he helped turn around two of Japan's largest international <br>companies, Levi's and Triumph. Learn which principles Brian<br>believes business leaders and entrepreneurs need to be <br>successful.<br><br>Date : May 19th 2010<br>
Place : Club 57, Roppongi, Tokyo, Japan<br>Time : 6pm to 9pm (doors open at 5:50pm)<br>Price : 2500yen pre-registered or 3000yen at the door<br><br>+++ Finger food and one drink included in the entry price<br>+++ Numbers are limited to 150 people, so get in quick to <br>
secure your spot<br>+++ live Jazz will begin from 8:30pm<br>Payment: <a href="mailto:e-mailjapan@keanewzealand.com">e-mailjapan@keanewzealand.com</a> to register and <br>receive event information and a paypal invoice.<br>
-----------------------------------------------------------<br><br><br>***------------------------****-------------------------***<br><br>+++ CORRECTIONS/FEEDBACK<br><br>In this section we run comments and corrections submitted<br>
by readers. We encourage you to spot our mistakes and<br>amplify our points, by email, to <a href="mailto:editors@terrie.com">editors@terrie.com</a>.<br><br>No feedback this week.<br><br><br>***********************************************************<br>
END<br><br>SUBSCRIBERS: 9,107 as of May 16th, 2010<br>(We purge our list regularly.<br><br>+++ ABOUT US<br><br>STAFF<br>Written by: Terrie Lloyd (<a href="mailto:terrie.lloyd@japaninc.com">terrie.lloyd@japaninc.com</a>)<br>
<br>HELP: E-mail <a href="mailto:Terrie-request@mailman.japaninc.com">Terrie-request@mailman.japaninc.com</a><br>with the word 'help' in the subject or body (don't include<br>the quotes), and you will get back a message with<br>
instructions.<br><br>FEEDBACK<br>Send letters (Feedback, Inquiries & Information) to the<br>editor to <a href="mailto:terrie.lloyd@japaninc.com">terrie.lloyd@japaninc.com</a>.<br><br>ADVERTISING INFORMATION<br>For more information on advertising in this newsletter,<br>
Contact <a href="mailto:ads@japaninc.com">ads@japaninc.com</a>.<br><br>SUBSCRIBE<br>Get Terrie's Take by giving your name and email address at<br><a href="http://www.japaninc.com/newsletters/free_sign_up">http://www.japaninc.com/newsletters/free_sign_up</a>, or go<br>
straight to Mailman at:<br><a href="http://mailman.japaninc.com/mailman/listinfo/terrie">http://mailman.japaninc.com/mailman/listinfo/terrie</a><br><br>BACK ISSUES<br><a href="http://www.japaninc.com/terries_take">http://www.japaninc.com/terries_take</a><br>
or, <a href="http://mailman.japaninc.com/pipermail/terrie/">http://mailman.japaninc.com/pipermail/terrie/</a><br><br>Copyright 2010 Japan Inc. Communications Inc.<br><br>----------------- Japan Inc opens up Japan ----------------<br>
<br>J@pan Inc is Japan's only independently published English-<br>language business website. Authoritatively chronicling <br>online the business trends in Japan, each posting brings <br>you in-depth analysis of business, people and technology in<br>
the world's second largest economy. <br><br>Visit <a href="http://www.japaninc.com">www.japaninc.com</a> for the best business insight on<br>Japan available.<br>-----------------------------------------------------------<br>
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