* * * * * * * * * 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, December 19, 2010, Issue No. 595<br>
<br>+++ INDEX<br><br>- What's New<br>- Short Takes<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><br><br>----------------- PBXL WILL BUY YOUR PBX ------------------<br><br>Is your PBX vendor requiring you to purchase a new PBX <br>
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<br>Offer expires 15 Dec 2010.<br><br>------------ PBXL is BUSINESS COMMUNICATIONS --------------<br><br><br>+++ WHAT'S NEW<br><br>It's been a tough year. One of recovery for some, but for <br>most Japanese domestic firms it has been an increasingly <br>
negative story and a wake-up call that they are going to <br>have to change how they do things. In particular, the 70% <br>of companies who are not international are suddenly <br>starting to realize that they are going to need overseas <br>
income or they'll go belly up. This opens up all kinds of <br>opportunities for those of us servicing that market.<br><br>Here are our top 10 news items for the year, accompanied by<br>a short analysis of why we think they are important and <br>
will affect us in the coming year. We invite your comments <br>and feedback. Did we miss a key event that you think has <br>profound ramifications for business and the economy in the <br>future? Please let us know.<br><br>
** January -- Toyota Recall<br><br>We start the year with the tribulations of Japan's largest <br>and most profitable corporation (profit in absolute terms, <br>not by ratio to costs) -- Toyota Motor Corporation. As you <br>
may remember, Toyota announced in January that it was going<br>to do a massive recall of 2.3m cars having problems with a <br>sticky gas pedal and then the brakes. The company's stock <br>price plummeted 16.7% in the week after the announcement, <br>
and for a while it looked like Toyota might come undone. <br>About 7m vehicles and 10 months later, however, the firm has<br>got on top of its problems and is once again making lots of <br>money. The Japanese Tax Office must be sighing a breath of <br>
relief. By our reckoning, Toyota pays about 2% of Japan's <br>corporate taxes.<br><br>** February -- Whaling arrest<br><br>While the high seas arrest of Green Peace activist Peter <br>Bethune hardly counts as major news, and in any case he was<br>
released to detention back in New Zealand after a short <br>stay in a Japanese jail, the case nonetheless highlights <br>Japan's uphill battle to keep on fishing the high seas as <br>it likes. Whales are an emotional issue and one which is <br>
earning Japan some very negative publicity abroad, but the <br>banning of the hunting of them is the start of a slippery <br>slope for fishing of other species -- at least this is how <br>we think the Japanese Fisheries Ministry sees it. <br>
<br>After whales there is the potential banning of tuna, <br>narrowly avoided several months ago at the CITES <br>conference, then the banning of fishing of other species. <br>For a fish-eating nation like Japan, this is a real threat <br>
and so it's not surprising they're fighting for their <br>traditional rights whenever they can. The issue is whether <br>these fights are appropriate. We think not, and sooner or <br>later, just like the TPP (Trans-Pacific Partnership) threat<br>
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<br>[...Article continues]<br><br>** April -- Debut of mass market EVs<br><br>Although the oil crisis caused by the Iraq war is no longer<br>with us, peak oil is, and it will only be a matter of time <br>(and possibly an air raid by Israel on Iran's reactors) <br>
before oil prices once again soar out of control. Both <br>Mitsubishi and Nissan are counting on this, and have <br>committed huge amounts of capital to ensure that they are <br>in the forefront of the Electric Vehicle (EV) revolution. <br>
What surprises us is that there hasn't been more <br>collaboration around the world on battery technology, <br>because clearly Tesla and some foreign battery makers have<br>sorted part of that problem out. Both Nissan and Mitsubishi<br>
need to get to about 300km on a charge before they will be <br>really viable in the markets.<br><br>** May -- Launch of Apple iPad<br><br>As with many other places in the world, the Apple iPad <br>created a huge level of excitement by fans and the media, <br>
and there were lines outside Apple stores for several days<br>prior to the launch date. In retrospect, it's hard to say <br>whether the iPad is that great, but it has certainly <br>legitimized a form factor that other companies had tried <br>
and failed at. Here in Japan iPad sales are reportedly <br>slow, but in the medical and financial sectors, sales <br>people are embracing the machine as an ideal way to do <br>demonstrations for customers. Some pharmaceutical companies<br>
are buying thousands of iPads this year and next, to <br>"enable" their Medical Representatives to reach doctors <br>more effectively. Softbank must be happy and HP, Dell, and <br>others will be taking notes. We're expecting some really <br>
excellent iPad competition to come out -- on the Android <br>platform mostly. So if you don't have an iPad yet, it <br>might be worth holding on.<br><br>** May-July -- Strikes at Japanese plants in China<br><br>China has played a crucial part of Japanese manufacturing <br>
for more than ten years now, and the largest companies are <br>addicted to cheap labor there. Having invested so much into<br>China, they also believed that they have a strong <br>understanding with the party bosses to keep a good thing <br>
going. It must have come as some shock then, when workers <br>were allowed to go on strike at a number of major Japanese <br>companies, in search of better pay and conditions. Strikes <br>of this magnitude only happen if they are allowed to <br>
happen, so perhaps this is the Chinese government's way of <br>saying that the good times are coming to an end. Honda was <br>the first major company hit, followed by other auto and <br>electronics firms. After the strikes there would have been <br>
a number of urgent board meetings to look at relocating to <br>Vietnam, India, or elsewhere.<br><br>** August -- Groupon buyout of Qpon.jp<br><br>Japanese high-tech start-ups have frequently been buoyed by<br>foreign money and technology. After all, none of the major <br>
IT companies want them around and getting a meaningful <br>amount of private equity in Japan is extremely difficult. <br>That's why, when a quick, mostly-cash deal for big numbers <br>gets done, it's not just a success for the business owners <br>
but is a shot in the arm for everyone in the sector. Such <br>was the case of Groupon buying out local crowd sourcer (OK,<br>group buying website), Qpon. Interesting thing is that Qpon<br>had only been up and running online for 3 months before <br>
this US$10m deal got done. Its investors must have had a <br>smile on their faces. At the same time, Groupon promises to<br>try to turn Japan's restaurant industry's typically <br>churlish attitude to discounting on its head. It will be <br>
interesting to see if they are successful. We suspect <br>they'll have their work cut out for them.<br><br>** August -- Buy-out of Wall Street Associates<br><br>Although it didn't even make the Nikkei newspaper, a deal <br>
that was carefully noted by many of us in the foreign <br>community was the buy out of recruiting firm Wall Street <br>Associates by En-Japan, one of Japan's largest online <br>recruiting players. The apparent strategy of En-Japan is <br>
to supply bilingual workers to Japanese companies expanding<br>abroad, as well as to set up their own offices overseas as <br>well. Wall Street Associates will be the platform to do <br>that. This means that the smart money is identifying <br>
international recruiting as a major trend and is something <br>that other recruiters will be wanting a piece of. The owner<br>of Wall Street Associates got a very decent price for the <br>firm, with a sale price of JPY1.77bn (US$22m) for a firm <br>
founded in 2000. Not bad going...<br><br>** September -- Bankruptcy of Takefuji<br><br>There was a time when Takefuji and the other "sarakin" <br>(loan sharks) operated with impunity. They were covering <br>the ugly underbelly of Japan's financial sector and were <br>
left alone so long as they didn't get out of hand. But with <br>a wiretapping scandal and various suicides by desperate <br>borrowers, the government and courts decided to take action. <br>The government opened up the sector to foreign firms, which<br>
introduced accountability and above-board competition, then<br>in 2006, the courts passed a law allowing borrowers to seek <br>refunds for excess interest charged to them from 2003, the <br>so-called gray-zone rates. As a result, Takefuji and the <br>
other 3 top companies have been paying out JPY300bn a year <br>in refunds, ruining those companies. On September 28th the <br>management of Takefuji couldn't take it any more and filed <br>for bankruptcy, ending a less-than-proud era for Japan.<br>
<br>** October -- Softbank Mobile record profits<br><br>Softbank's Masayoshi Son is an upstart as far as DoCoMo and<br>AU are concerned, and they must have been pretty sure four <br>years ago that he'd bitten off more than he could chew when<br>
he raised US$17bn in debt to buy Vodafone Japan. Whether by <br>luck or genius, Son's huge bet has paid off, and with the <br>help of Apple's iPhone, Softbank Mobile is making tons of <br>money. In October they announced the group Q2 profit had <br>
surged by 30% to JPY57.4bn. At this rate, Son will have <br>paid off his Vodafone purchase in ten years or less. Not <br>bad for such a huge bet. We believe that Son will continue <br>to challenge his competitors, forcing them to provide <br>
better services at lower costs and keeping Japan a <br>telecoms and mobile internet haven -- which is just what <br>we need to push innovation in the technology sector ahead.<br><br>** November -- Bombardment of Yeonpyeong island<br>
<br>The bombardment of Yeonpyeong island in South Korea by the <br>North has had two important and far-reaching effects for <br>Japan. Firstly, it has reminded the nation that it has <br>dangerous neighbors and has firmed government resolve to <br>
increase defense spending. Chief amongst the shopping items<br>is a speeded up implementation of the PAC-3 missile defense<br>system being supplied by Raytheon of the USA. Secondly, the<br>bombing has reminded Japan just how much it still needs the<br>
friendship of the USA. We expect all kinds of evidence in <br>2011 in the financial and trade markets based on this <br>realization. The TPP trade talks which include the USA <br>would be a good start and Kan seems intent in "ramming" a<br>
trade agreement of some kind through.<br><br>*************<br><br>To all our readers, a Merry Christmas and Happy New Year!<br>This is our last Take for 2010. It's been a tough year but<br>an interesting one. We take 4 weeks off a year, including<br>
2 weeks over the Christmas New Year's break, so our next<br>newsletter will be in your mail box on January 9th 2011.<br>Don't let that stop you sending us tips and comments, <br>though!<br><br>Lastly, did you notice that we're giving away a PAIR of <br>
United Airlines tickets next week in the Metropolis Members<br>Club (MMC)? That's a ticket for you and a friend or spouse <br>anywhere in Asia or the USA served by United Airlines. The <br>MMC is free to enter and the only requirement is that you <br>
receive our weekly email newsletter. More details in <br>"Short Takes" just below. Sure will make a great Christmas<br>present for some lucky person.<br><br>...The information janitors/<br><br>***------------------------****-------------------------***<br>
<br><br>+++ SHORT TAKES<br><br>We recommend products and services that you might find <br>interesting or useful while living in Japan.<br><br>=> 1. ENERGY -- GUARANA<br><br>Working in Tokyo is demanding and despite the best diet <br>
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this all the time, but if you need to stay alert, <br>especially during that after-lunch low, then try one of <br>these capsules in the morning. They really get the job <br>done. Lots of caffeine, but from the guarana plant, which <br>
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* <a href="http://iherb.com">iherb.com</a> referral code -- LOY499<br>* Pays us a small commission at no extra cost to you.<br><br>=> 2. THE BIG ONE! UNITED AIR TICKETS in this week's MMC!<br><br>Becoming a Metropolis Member is as simple as going to the<br>
website and signing up for the weekly newsletter. No other<br>obligations required. <a href="http://blogs.metropolis.co.jp/club/">http://blogs.metropolis.co.jp/club/</a><br><br>Next week's prize in the Metropolis Members Club is the<br>
most desirable of our prize line up, a PAIR of tickets to <br>any United direct destination in the USA or Asia, courtesy<br>of United Airlines.<br><br>Congratulations to Amr Tag, who won a nights accommodation <br>courtesy courtesy of Okinawa Marriott Resort & Spa. <br>
* 30 prizes scheduled in the next 30 weeks. <br>* No charge to enter.<br>* Simply receive the MMC newsletter to stay in the draw.<br><br>***------------------------****-------------------------***<br><br>--------- BIOS - Bilingual IT Systems and Support ---------<br>
<br>BiOS full-service IT solutions has a new service.<br><br>Working with our fully licenced temporary dispatch group,<br>we are now able to provide Japan in-country workers<br>for companies not yet registered in Japan.<br>
<br>This innovative service is available for companies needing<br>to hire staff for Japanese customers, but who are unable<br>to commit to the expense and infrastructure of maintaining<br>an office in Japan. We take care of all aspects of the<br>
employment, contracting, and dispatch -- including <br>management of the employee.<br><br>For more information on this and other SI and IT services,<br>in English or Japanese:<br><br>Phone: 03-5773-3090, Email: <a href="mailto:solutions@biosjp.com">solutions@biosjp.com</a><br>
Web: <a href="http://www.biosjp.com">www.biosjp.com</a><br>-----------------------------------------------------------<br><br><br>+++ NEWS<br><br>- Tourist numbers sag...<br>- ...But overall traveler trend looks positive<br>
- Next year's car sales expected to be worst in 34 years<br>- Tea drinking suppresses weight gain<br>- Medical tourism takes another step forward<br><br><br><br>-> Tourist numbers sag...<br><br>Although the final industry numbers are not in yet, it <br>
appears that the number of Chinese tourists coming to Japan<br>has dropped significantly in the last two months. Hotels <br>such as the Shinjuku Washington Hotel and the Osaka <br>Imperial have seen Chinese tourist bookings plunge 50% and <br>
60% respectively for December and January. Overall the <br>October numbers were down just 1.8%, so it seems that the <br>latest plunge can be directly connected to the September <br>Senkaku islands dispute between Japan and China, which will<br>
likely show up in November travel numbers. The Japan <br>Tourism Agency (JTA) reckons that Chinese tourists spend an<br>average JPY95,000 on shopping in Japan versus JPY47,000 for<br>people from the USA. (Source: TT commentary from <br>
<a href="http://e.nikkei.com">e.nikkei.com</a>, Dec 18, 2010)<br><br><a href="http://e.nikkei.com/e/ac/tnks/Nni20101218D17JFA21.htm">http://e.nikkei.com/e/ac/tnks/Nni20101218D17JFA21.htm</a><br><br>-> ...But overall travel trend looks positive<br>
<br>According to Japan's leading tourist agency, JTB, the <br>expected number of Japanese traveling in 2011 and <br>foreigners visiting Japan is set to increase modestly. JTB <br>says that Japanese will make 302m domestic trips and 17.3m <br>
foreign trips next year, up 1.3% and 3.7% respectively. The<br>increase is attributed to lower highway tolls and the <br>opening of the Haneda airport to more Asian flights. At the<br>same time, the number of foreign tourists coming to Japan <br>
is expected to rise around 5.7% to 9.2m people. (Source: TT<br>commentary from <a href="http://e.nikkei.com">e.nikkei.com</a>, Dec 17, 2010)<br><br><a href="http://e.nikkei.com/e/ac/tnks/Nni20101217D17SS935.htm">http://e.nikkei.com/e/ac/tnks/Nni20101217D17SS935.htm</a><br>
<br>-> Next year's car sales expected to be worst in 34 years<br><br>Japan's car makers are doing well abroad, but are having <br>and will continue to have a terrible time in the local <br>market. The Japan Automobile Manufacturers Association <br>
reckons that sales will fall by at least 10% to just 4.4m <br>units next year, the lowest sales level since 1977. <br>Although there was a brief pick up in numbers this year, <br>leading to probably around 4.9m units being sold, this was <br>
largely due to the government subsidies on green vehicles <br>and this ended recently. (Source: TT commentary from <br><a href="http://just-auto.com">just-auto.com</a>, Dec 17, 2010)<br><br><a href="http://www.just-auto.com/news/2011-car-sales--lowest-in-34-years_id108089.aspx">http://www.just-auto.com/news/2011-car-sales--lowest-in-34-years_id108089.aspx</a><br>
<br>-> Tea drinking suppresses weight gain<br><br>Kobe University researchers have found that both green and <br>black tea fed to lab mice over a 14-week period suppressed <br>weight gain when the mice were put on a high-fat diet. <br>
Black tea ingested regularly in particular suppressed blood<br>effects of a high-fat diet, such as aiding lower <br>cholestrol, lower blood glucose, and lower insulin <br>resistance. (Source: TT commentary from <a href="http://indiatimes.com">indiatimes.com</a>, Dec <br>
18, 2010)<br><br><a href="http://bit.ly/fMy8yY">http://bit.ly/fMy8yY</a><br><br>-> Medical tourism takes another step forward<br><br>The Justice Ministry has announced that it will start <br>issuing 6-month medical visas for patients looking for <br>
medical treatment in Japan. Prior to the new visa, patients<br>had to leave after 90 days, which isn't long enough for <br>recovery from major medical procedures. In addition to the <br>patients, the visas will be offered to those coming to care<br>
for the patient, such as relatives and specialized medical <br>staff. ***Ed: It will be interesting to see if the Ministry<br>restricts which hospitals patients can use, or whether they<br>will be allowed to pick any treatment provider.** (Source: <br>
TT commentary from <a href="http://japantimes.co.jp">japantimes.co.jp</a>, Dec 18, 2010)<br><br><a href="http://search.japantimes.co.jp/cgi-bin/nn20101218a3.html">http://search.japantimes.co.jp/cgi-bin/nn20101218a3.html</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>+++ 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<br><br>BiOS is now urgently looking for experienced Network <br>Engineers with experience supporting investment bank <br>infrastructure to work with a client’s network operations <br>
out of a location in the Shin Kiba area. This role <br>predominantly involves maintenance and configuration of <br>Cisco network products, in particular Switches and Routers,<br>but can also involve a deeper level of work depending on <br>
your technical capabilities. As well as that, there is a <br>good opportunity here to earn extra money for project <br>implementations and emergency requests.<br><br>Due to the technical nature and high pressure environment, <br>
someone with solid experience from the finance industry, <br>and relevant qualifications (such as CCNA and CCNP) would <br>be best suited to this role. In addition, due to the work <br>involving some out of hours support and potential weekend <br>
project work, a flexible individual with a positive can-do <br>attitude, even under pressure, is essential. Finally, as <br>this role will also involve vendor interactions on <br>occasion, your Japanese ability will need to be at a solid <br>
business level to function effectively.<br><br>Remuneration is JPY8m – JPY10m depending on your experience<br>and technical level.<br><br>** POSITIONS VACANT<br><br>- Snr Engineer, BiOS, JPY5m – JPY7.5m<br>- Part-Time Data Centre Support, JPY2m – JPY2.5m<br>
- Snr and Jnr PM, LCD Manuf., JPY3.5m – JPY4m<br>- Tech Support Analyst, global IT co., JPY5m – JPY6m<br>- Okinawa Wintel Engineer, ibank, JPY5m – JPY6m<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><br>-----------------------------------------------------------<br><br>----------- Bar Quest for Great Entertainment -------------<br>
<br>Looking for a rockin' place in Roppongi? Well your search <br>is over..! Bar Quest's doors are open everyday from 19:00 <br>until morning. Try our delicious Aussie meat pies, beer <br>and Bundy rum! We take party reservations for such events <br>
as Bounenkai, Shinnenkai, birthdays, etc.<br><br>Come to our New Year's Countdown party on Dec.31st to <br>ring in 2011. Entrance is free until 22:00!<br>No.2 Rene bldg., 5-3-1 Roppongi, Minato-ku, Tokyo<br>Tel: 03-5414-2225, Contact: <a href="mailto:info@barquestroppongi.com">info@barquestroppongi.com</a><br>
<br><a href="http://www.barquestroppongi.com">www.barquestroppongi.com</a><br>-----------------------------------------------------------<br><br>***------------------------****-------------------------***<br><br><br>+++ UPCOMING EVENTS/ANNOUNCEMENTS<br>
<br>---------------- ICA Event - January 20 -------------------<br><br>Speaker: Keith Wilkinson, Google Analytics<br>- Web Marketing & CMS Consultant<br><br>Title: How Much Is Your Web Site Worth?<br>How to Leverage Web Analytics and Web Marketing!<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, January 20, 2011<br>Time: 6:30 Doors open, Buffet Dinner included and cash bar<br>
Cost: 4,000 yen (members), 6,000 yen (non-members) Open to <br>all. Venue is The Foreign Correspondents' Club of Japan.<br><br><a href="http://www.fccj.or.jp/aboutus/map">http://www.fccj.or.jp/aboutus/map</a><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 comments or feedback this week.<br><br>***********************************************************<br>END<br><br>SUBSCRIBERS: 8,758 members as of December 19, 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>
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