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<p>* * * * * * * * TERRIE'S TAKE - BY TERRIE LLOYD * * * * * *<br>
A weekly roundup of news & information from Terrie Lloyd, a
long-term<br>
technology and media entrepreneur living in Japan.<br>
(<a class="moz-txt-link-freetext" href="http://www.terrielloyd.com">http://www.terrielloyd.com</a>)<br>
<br>
General Edition Sunday, Sep 02, 2017, Issue No. 912<br>
<br>
- What's New -- The Good and Bad of Using Linked-In Within Japan<br>
- News -- Japanese firms sitting on mountain of money<br>
- Upcoming Events<br>
- Corrections/Feedback - None<br>
- Travel Picks -- Kodaharu Oyster House in Shimbashi, Heinraku
Chinese Chow house in Takayama<br>
- News Credits<br>
<br>
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<br>
BACK ISSUES<br>
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<a class="moz-txt-link-freetext" href="http://mailman.japaninc.com/pipermail/terrie/">http://mailman.japaninc.com/pipermail/terrie/</a><br>
<br>
+++ WHAT'S NEW<br>
<br>
Back in 2015, James Riney, the head of 500 Startups in Japan,
wrote a piece speculating why the Japanese don't use Linked In,
and how the tool isn't all that useful for doing business in
Japan. Instead he noted that Japanese business people use Facebook
and Twitter. Riney surmised that Linked In isn't popular because:
a) when Japanese business people first establish a personal
relationship, they do it with a face-to-face meeting, and b)
because laying out your resume publicly is seen as "boasting".
Instead, he reckoned that Facebook's design allows "humble
bragging" and therefore is better suited to the Japanese psyche. <br>
<br>
Certainly we agree these are valid points. We joined Linked In
around 2006, and the lack of Japanese counterparts in the
community is very noticeable. Not that there are no Japanese on
the platform, but most who are there are internationalized in some
way, making them a small percentage of potential users. So we
would expand on Riney's notes by saying:<br>
<br>
1. Japanese are indeed a private people, who don't like to have
everything aired out in public. This is a highly competitive
society and exposing your personal details to anyone wanting to
see them might in some inadvertent way open you up to attack or
disadvantage later. For example, where you went to school, your
stagnating career, or even your lack of international experience.<br>
<br>
2. It's a noisy world out there, and the same societal
competitiveness also results in unwanted approaches from the
unfiltered public. Given that life is short and most business
people are happy with the suppliers they already have, it's a
psychic intrusion at worst and irritation at best when new company
recruits - as they are forced to do for their first 3-5 years (to
toughen them up) - start bombarding you with sales pitches.<br>
<br>
3. Probably the main reason, though, that Japanese don't post on
Linked In is that their boss might see it. The mere fact of
publishing one's bio online suggests that you are looking for a
new job. Once the boss gets wind of that fact, they are hardly
going to promote you into more responsibility.<br>
<br>
------------ Japan Travel Group Tour Services -------------<br>
<br>
Japan Travel's Type-2 licensed travel agency business is one
Japan's few independently foreign-owned inbound DMCs. Our
specialty is looking after<br>
groups of 10-30 people, and we have already assisted schools,
businesses, special interest organizations, and extended family
groups. If you are responsible for managing an inbound company
incentive tour or management training, we can help create unique
experiences from a blend of memorable destinations, dining,
activities, guides, and transport options.<br>
<br>
If you have a group needing assistance, we invite them to contact
us at: <a class="moz-txt-link-abbreviated" href="mailto:tours@japantravel.com">tours@japantravel.com</a>.<br>
Or visit our pages at:
<a class="moz-txt-link-freetext" href="http://japantravel.co.jp/en/about/travel-agency/">http://japantravel.co.jp/en/about/travel-agency/</a><br>
-----------------------------------------------------------<br>
<br>
[...Article continues]<br>
<br>
This last point about seeking employment opportunities is in our
opinion the biggest challenge for Linked In. Elsewhere, the
platform is primarily a recruiting tool, as evidenced by the
resume format of content and the prevalence of recruiters, but in
Japan there is not really a sufficient volume of resumes to
support a recruiting practice and so the ecosystem needed to make
the platform work, fails. From experience, we've found that
running Positions Vacant ads on Linked In is an expensive waste of
time if you want Japanese - the sole (but important) exception
being if you want foreign-educated bilinguals, then the quality of
candidates is pretty good, but the volume of candidates is still
sparse. <br>
<br>
Linked In need to re-think how resumes are presented, and to
educate Japanese job seekers how to use the site in a way that
doesn't betray their intentions to their boss. If they can do
that, there really isn't an equivalent platform available from a
local company, and so they still have a chance to build a decent
business here.<br>
<br>
Another problem for Japanese business users (and many non-Japanese
here), apart from how to anonymize their details, is to understand
that with Linked In there is a certain etiquette for initiating
interaction that isn't immediately obvious to those users, being:
the need to gently but competently connect, then to evolve the
communication, THEN move on to something more concrete. Again this
is due to a lack of education, and Linked In needs to address the
problem - something that the company doesn't seem to care about.
As a result, you get a these hard-selling fresh recruits trying to
make their quotas who pester other more senior members by
demanding meetings and deals without even establishing a personal
connection. Head hunters in particular are slow (or too greedy) to
understand this fundamental point, which is why we and many like
us refuse head hunter connection requests out of hand. <br>
<br>
Another part of that etiquette is to show respect to others by
maintaining a complete profile and contributing to groups and
discussions sufficiently to maintain name awareness and qualify as
an expert in whatever area you want others to approach you for.
Because many Japanese create a Linked In profile but don't bother
building them out, they come across as being unsubstantiated -
potentially fake postings - and again, users like us will reject
the connection because the requesting member profile looks like it
was written by a Nigerian scam gang. <br>
<br>
As an aside, there ARE many fake profiles on Linked In, something
that the company ignores on its site documentation and yet
obviously knows happens since they have functions that
specifically help you report impersonators. You can easily spot
them because the person has a nice professional-looking photo and
has a bunch of impressive credentials but can't spell. Or they
have gone from being a Lawyer to becoming a bank manager (wanting
to lend you US$10m). Unfortunately in all-too-trusting Japan, you
often see Japanese members who are not able to discern scamsters,
accept the connection and thereby unwittingly lend their name and
respectability to these crooks.<br>
<br>
What Linked In in Japan is good for, is finding bilingual staff.
Since competition is fierce to connect to the smallish number of
active members who are probably available to recruit, there are
some techniques that yield better results than just diving in with
job offers. For example, we don't go looking for people who are
looking for a job, because often these people are unemployed for a
reason, and we'd prefer not having to be the next go-around.
Instead, we focus on bilinguals who have attended college overseas
and after coming back to Japan have listened to their moms and
taken a job with a prestigious Japanese firm. About 12-18 months
later, these people become especially receptive to the idea of
changing jobs, as they start to discover just how ruthless
Japanese bosses can be (hours, hierarchy, rules, low salary,
gender discrimination, etc.) - completely different to what they
learned was normal in their overseas university courses.<br>
<br>
The second thing Linked In in Japan is good for, is to present a
thorough, credible and curated profile to the world around you.
Doing business internationally from Japan, we are always surprised
how many business development discussions with companies abroad
are quickly verified by them with a Linked In check. It may be
obvious, but Linked In is a sufficiently trusted proxy
internationally that you must have a presence and a believable one
at that. How to make your profile credible? Well you have to put
some work into it (look at Mr. Riney's Linked In profile for "text
book" construction), having a very complete profile, plenty of
endorsements from reliable sources, and Recommendations, again
from credible sources. Once again, Linked In needs to educate the
Japanese business community that this kind of self promotion is
worth doing and will open up export doors for their firms.<br>
<br>
The third and last good thing about Linked In is the groups.
Unfortunately, Linked In is polluting these communities with so
much promoted content that the value of them is rapidly
diminishing. One standout group which is a good information source
if you can put up with all the native ads is the "Business in
Japan" forum, which currently has about 54,518 members. It is
probably the largest English-language Linked In group in Japan.<br>
<br>
<br>
...The information janitors/<br>
<br>
***------------------------****-------------------------***<br>
<br>
----- Gourmet Ride Event - Tohoku nature and flavors! -----<br>
<br>
Two-day cycling tour in the beautiful countryside of Aomori and
Iwate, highlighted by gourmet cooking by famous chefs. Enjoy the
bounty of Honshu's northern region while enjoying the company of
other cyclists and local hosts. Learn more and join us!<br>
<br>
=> For Aomori Tour:<br>
<span style="color: rgb(0, 0, 0); font-family: Verdana, Arial,
Helvetica, sans-serif; font-size: 15px; font-style: normal;
font-variant-ligatures: normal; font-variant-caps: normal;
font-weight: normal; letter-spacing: normal; orphans: 2;
text-align: start; text-indent: 0px; text-transform: none;
white-space: normal; widows: 2; word-spacing: 0px;
-webkit-text-stroke-width: 0px; background-color: rgb(255, 255,
255); text-decoration-style: initial; text-decoration-color:
initial; display: inline !important; float: none;">Dates:
Saturday 30th September thru' Sunday 1st October, tours include
a</span><br style="color: rgb(0, 0, 0); font-family: Verdana,
Arial, Helvetica, sans-serif; font-size: 15px; font-style:
normal; font-variant-ligatures: normal; font-variant-caps:
normal; font-weight: normal; letter-spacing: normal; orphans: 2;
text-align: start; text-indent: 0px; text-transform: none;
white-space: normal; widows: 2; word-spacing: 0px;
-webkit-text-stroke-width: 0px; background-color: rgb(255, 255,
255); text-decoration-style: initial; text-decoration-color:
initial;">
<span style="color: rgb(0, 0, 0); font-family: Verdana, Arial,
Helvetica, sans-serif; font-size: 15px; font-style: normal;
font-variant-ligatures: normal; font-variant-caps: normal;
font-weight: normal; letter-spacing: normal; orphans: 2;
text-align: start; text-indent: 0px; text-transform: none;
white-space: normal; widows: 2; word-spacing: 0px;
-webkit-text-stroke-width: 0px; background-color: rgb(255, 255,
255); text-decoration-style: initial; text-decoration-color:
initial; display: inline !important; float: none;">one-night
stay at an onsen.</span><br style="color: rgb(0, 0, 0);
font-family: Verdana, Arial, Helvetica, sans-serif; font-size:
15px; font-style: normal; font-variant-ligatures: normal;
font-variant-caps: normal; font-weight: normal; letter-spacing:
normal; orphans: 2; text-align: start; text-indent: 0px;
text-transform: none; white-space: normal; widows: 2;
word-spacing: 0px; -webkit-text-stroke-width: 0px;
background-color: rgb(255, 255, 255); text-decoration-style:
initial; text-decoration-color: initial;">
<span style="color: rgb(0, 0, 0); font-family: Verdana, Arial,
Helvetica, sans-serif; font-size: 15px; font-style: normal;
font-variant-ligatures: normal; font-variant-caps: normal;
font-weight: normal; letter-spacing: normal; orphans: 2;
text-align: start; text-indent: 0px; text-transform: none;
white-space: normal; widows: 2; word-spacing: 0px;
-webkit-text-stroke-width: 0px; background-color: rgb(255, 255,
255); text-decoration-style: initial; text-decoration-color:
initial; display: inline !important; float: none;">Details &
Registration:<span> </span></span><a
href="http://or-waste.com/?p=22" style="color: rgb(51, 102,
153); text-decoration: none; font-family: Verdana, Arial,
Helvetica, sans-serif; font-size: 15px; font-style: normal;
font-variant-ligatures: normal; font-variant-caps: normal;
font-weight: normal; letter-spacing: normal; orphans: 2;
text-align: start; text-indent: 0px; text-transform: none;
white-space: normal; widows: 2; word-spacing: 0px;
-webkit-text-stroke-width: 0px; background-color: rgb(255, 255,
255);">http://or-waste.com/?p=22</a><br>
<br>
=> For Iwate Tour:<br>
<span style="color: rgb(0, 0, 0); font-family: Verdana, Arial,
Helvetica, sans-serif; font-size: 15px; font-style: normal;
font-variant-ligatures: normal; font-variant-caps: normal;
font-weight: normal; letter-spacing: normal; orphans: 2;
text-align: start; text-indent: 0px; text-transform: none;
white-space: normal; widows: 2; word-spacing: 0px;
-webkit-text-stroke-width: 0px; background-color: rgb(255, 255,
255); text-decoration-style: initial; text-decoration-color:
initial; display: inline !important; float: none;">Date:
Saturday 14th October</span><br style="color: rgb(0, 0, 0);
font-family: Verdana, Arial, Helvetica, sans-serif; font-size:
15px; font-style: normal; font-variant-ligatures: normal;
font-variant-caps: normal; font-weight: normal; letter-spacing:
normal; orphans: 2; text-align: start; text-indent: 0px;
text-transform: none; white-space: normal; widows: 2;
word-spacing: 0px; -webkit-text-stroke-width: 0px;
background-color: rgb(255, 255, 255); text-decoration-style:
initial; text-decoration-color: initial;">
<span style="color: rgb(0, 0, 0); font-family: Verdana, Arial,
Helvetica, sans-serif; font-size: 15px; font-style: normal;
font-variant-ligatures: normal; font-variant-caps: normal;
font-weight: normal; letter-spacing: normal; orphans: 2;
text-align: start; text-indent: 0px; text-transform: none;
white-space: normal; widows: 2; word-spacing: 0px;
-webkit-text-stroke-width: 0px; background-color: rgb(255, 255,
255); text-decoration-style: initial; text-decoration-color:
initial; display: inline !important; float: none;">Details &
Registration:<span> </span></span><a
href="http://or-waste.com/?p=1177" style="color: rgb(51, 102,
153); text-decoration: none; font-family: Verdana, Arial,
Helvetica, sans-serif; font-size: 15px; font-style: normal;
font-variant-ligatures: normal; font-variant-caps: normal;
font-weight: normal; letter-spacing: normal; orphans: 2;
text-align: start; text-indent: 0px; text-transform: none;
white-space: normal; widows: 2; word-spacing: 0px;
-webkit-text-stroke-width: 0px; background-color: rgb(255, 255,
255);">http://or-waste.com/?p=1177</a><br>
<br>
These events are hosted by The Cuisine Press Inc., email us:
<a class="moz-txt-link-abbreviated" href="mailto:jointheaction@or-waste.com">jointheaction@or-waste.com</a><br>
-----------------------------------------------------------<br>
<br>
***------------------------****-------------------------***<br>
<br>
+++ NEWS<br>
<br>
- Civil servants' retirement age to rise<br>
- Japanese firms sitting on mountain of money<br>
- Working mothers' definition of failure<br>
- What's US$50m between friends?<br>
- Another grey August<br>
<br>
<br>
=> Civil servants' retirement age to rise<br>
<br>
It was already unfair that civil servants could retire at 60 while
private sector workers are on track for a phased increase in
retirement age to 65. However, the government now appears to be
preparing to raise the retirement age for government workers to 65
as well. The legislation, if it is passed, will go to the Diet
next year and likely be implemented in 2019. ***Ed: Given that the
government still likes to favor it's own, we think is is only a
matter of time before the private sector retirement age is lifted
yet again, whether to 70 or 75 is hard to say at this stage.**
(Source: TT commentary from asia.nikkei.com, Sep 01, 2017)<br>
<br>
<a class="moz-txt-link-freetext" href="http://s.nikkei.com/2vBXkBk">http://s.nikkei.com/2vBXkBk</a><br>
<br>
=> Japanese firms sitting on mountain of money<br>
<br>
The nation's non-financial companies held an estimated
JPY406.23trn on their balance sheets in FY2016, according to the
Finance Ministry last week. This amount is up 7.5% on last year,
and will add fuel to the argument that the government should pass
some form of legislative penalization of companies hoarding cash
instead of paying it out to employees and making investments. The
amount is the highest in five years since 2013. ***Ed: How much is
JPY400trn yen? Well if you took the amount in JPY100 coins and
stacked them, you'd have a pile that would reach the moon and back
about 8 times** (Source: TT commentary from japantimes.co.jp, Sep
01, 2017)<br>
<br>
<a class="moz-txt-link-freetext" href="http://bit.ly/2x25mUB">http://bit.ly/2x25mUB</a><br>
<br>
=> Working mothers' definition of failure<br>
<br>
Surely the best definition of failure to tens of thousands of
mothers who want to re-enter the workforce but cannot do so
because of lack of day care access, must be PM Abe's hollow
promises that he would help working mothers out. Right now there
are 26,081 kids officially waiting to get into nursery schools.
But if the total number of kids waiting included those wanting
private day care facilities, then there are apparently about
69,224 kids with nowhere to go. That's almost 70,000 mothers who
should be contributing to alleviate workforce shortages but who
logistically cannot. ***Ed: We have two working moms at our
company, and both are still having problems getting day care,
after more than a year each trying. Pathetic.** (Source: TT
commentary from the-japan-news.com, Sep 02, 2017)<br>
<br>
<a class="moz-txt-link-freetext" href="http://bit.ly/2guAm4I">http://bit.ly/2guAm4I</a><br>
<br>
=> What's US$50m between friends?<br>
<br>
Insurer Sompo Holdings has announced that it will sell its UK
subsidiary, Sompo Canopius, to private equity firm Centerbridge
Partners. The selling price will be US$952m, about US$50m less
than what Sompo paid for the business back in 2014 when it bought
the firm from Lloyd's of London. ***Ed: Although Sompo is putting
a positive spin on the deal, saying that it will replenish the
firm's coffers for other deals, the reality is that they clearly
failed to manage and develop the Canopius business. In this sense,
it's remarkable that Sompo only lost US$50m. Other Japanese majors
who joined the M&A trend in the early 2010's lost their shirts
on write downs.** (Source: TT commentary from reuters.com, Sep 01,
2017)<br>
<br>
<a class="moz-txt-link-freetext" href="http://reut.rs/2euROpb">http://reut.rs/2euROpb</a><br>
<br>
=> Another grey August<br>
<br>
As happened several years ago, some parts of Japan have been
enveloped in overcast skies for weeks on end, spelling trouble for
the nation's vegetable and grain-growing regions. For example,
Sendai had 36 consecutive days of rain, leading to a potential
outbreak of rice blight. As a result, we can expect that not only
will vegetable and fruit prices increase, but with the price rises
consumer sentiment is expected to become more negative, leading to
lower consumption in other goods. ***Ed: Economists are
forecasting more deflation as a result.** (Source: TT commentary
from bloomberg.com, Aug 31, 2017)<br>
<br>
<a class="moz-txt-link-freetext" href="https://bloom.bg/2xHIzKu">https://bloom.bg/2xHIzKu</a><br>
<br>
<br>
NOTE: Broken links<br>
Some online news sources remove their articles after just a few
days of posting them, thus breaking our links -- we apologize for
the inconvenience.<br>
<br>
***------------------------****-------------------------***<br>
<br>
+++ UPCOMING EVENTS<br>
<br>
---------- ICA Event - Friday 29th September --------------<br>
<br>
Title: "Tokyo IT Professionals Networking Party"<br>
<br>
Details: Complete event details at <a class="moz-txt-link-freetext" href="http://www.icajapan.jp">http://www.icajapan.jp</a>. Please
follow the link within the write up to register for the event and
pay online and note the requirements for New Sanno Hotel. This
event is joint collaboration with AFCEA Tokyo, ACCJ ICT Committee,
Women in Tech Japan and ICA Japan.<br>
<br>
Date: Friday 29th September, 2017<br>
Time: 6:00pm to 9:00pm<br>
Cost: $35 USD (members), $60 USD (non-members) Open to all and no
signups at the door. Strictly payment online -
<a class="moz-txt-link-freetext" href="https://afceatokyo.org/event/tokyo-it-professionals-networking-party/">https://afceatokyo.org/event/tokyo-it-professionals-networking-party/</a><br>
RSVP: By 5pm on Monday 25th September 2017<br>
Venue: New Sanno Hotel, 4-12-20 Minami-Azabu, Minato-ku, Tokyo
106-0047<br>
-----------------------------------------------------------<br>
<br>
+++ CORRECTIONS/FEEDBACK<br>
<br>
=> No corrections this week.<br>
<br>
***------------------------****-------------------------***<br>
<br>
+++ TRAVEL DESTINATIONS PICKS<br>
<br>
=> Oyster House Kodaharu, Shimbashi<br>
Restaurant specializing in oysters<br>
<br>
Oyster House Kodaharu, located 2 minutes from Shimbashi station,
is somewhere not to miss if you are an oyster fan. The oysters are
carefully selected from different areas around Japan, so they
cover the whole taste spectrum in terms of saltiness and
sweetness. The staff are keen to introduce the many ways to
prepare and enjoy oysters, such as serving them raw, grilled, or
even shabu-shabu style (hot pot) style, and they'll help you
choose.<br>
<br>
For those who are not satisfied with eating only oysters, Oyster
House Kodaharu also provides a variety of seafood, such as the
combination of oyster and sea urchin, whose rich flavors and
creamy taste complement each other. Sashimi is also popular as you
can enjoy the freshest fish each season. Oyster House Kodaharu
serves more than 90 types of alcohol to accompany their menu,
including oyster sake which you will not normally see in other
restaurants. <br>
<br>
<a class="moz-txt-link-freetext" href="http://bit.ly/2vE1KI2">http://bit.ly/2vE1KI2</a><br>
<br>
=> Heianraku<br>
A lovely little restaurant in Takayama<br>
<br>
Takayama in central Japan's Gifu Prefecture is a beautiful
destination for several reasons - a well-preserved Edo Period old
town, its spring and autumn festivals (considered to rank among
Japan's three most famous), and wonderful people and fantastic
food. The latter two come together most delightfully at Heianraku,
a small Chinese restaurant on Kokubunji-dori.<br>
<br>
As tiny as it is charming, Heianraku embodies Japanese
hospitality. The cozy restaurant seats about a dozen people at low
tables on tatami mats or at the counter, where you can watch chef
and owner Hiroshi work his culinary magic. The cuisine served at
Heianraku is mostly Chinese, but Japanese classics such as udon or
sukiyaki are also on the menu. Opened in 1963, Heianraku offers
great, homemade food in a traditional setting, but most of all,
Hiroshi and his wife, Naoko, welcome their guests as part of the
family. Heianraku has ranked among Japan's top ten restaurants
twice in a row on TripAdvisor, even making it to the very top of
the list in summer 2016 despite being a tiny 2-people operation. <br>
<br>
<a class="moz-txt-link-freetext" href="http://bit.ly/2vXCDen">http://bit.ly/2vXCDen</a><br>
<br>
***------------------------****-------------------------***<br>
<br>
------------- Office Admin Position Open ------------------<br>
<br>
Japan Partnership Inc. is urgently seeking an Administration
Coordinator to help run its small but dynamic international media
business in the<br>
heart of Tokyo that publishes Japan's number 1 English magazine,
Metropolis. Preference is for someone who is E/J bilingual but at
least native in Japanese with some English capability.<br>
<br>
Interested applicants should email <a class="moz-txt-link-abbreviated" href="mailto:neil@metropolisjapan.com">neil@metropolisjapan.com</a> for
details<br>
-----------------------------------------------------------<br>
<br>
***********************************************************<br>
END<br>
<br>
SUBSCRIBERS: 6,455 members as of Sep 03, 2017 (We purge our list
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<br>
+++ ABOUT US<br>
<br>
STAFF<br>
Written by: Terrie Lloyd (<a class="moz-txt-link-abbreviated" href="mailto:terrie.lloyd@japaninc.com">terrie.lloyd@japaninc.com</a>)<br>
<br>
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<br>
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<br>
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