Japán MotoGP
2013.10.27. | Motegi - Twin Ring Motegi
Business
Statistics: • GDP: US$4.9 trillion (estimate 2006).
• Main exports: Cars, computers, semi-conductors, electronic devices and chemicals.
• Main imports: Machinery and equipment, fuel, food, chemicals and textiles.
• Main trade partners: USA, China (PR), Taiwan (China), Korea (Rep) and Germany.
Economy: After suffering massive destruction during WWII, Japan was the economic phenomenon of the late 20th century. At US$4.2 trillion, the country’s GDP ranks second in the world after the USA. The structure of the Japanese domestic economy revolves around a group of large multi-product corporations (many of which are global household names), linked in loose alliances with banks and finance houses.
The model worked superbly until the early 1990s, when competition from abroad and excessive lending by the banks began to exert pressure. The extent of the problem became apparent with the 1991 property crash and, more spectacularly, the 1997 Asian financial crisis.
In the following years the economy stagnated, remaining at 0% inflation for a few years. Unemployment, a comparative novelty in a country where jobs were typically guaranteed for life, reached 5.4%.
From 2003, the economy showed signs of recovery. Unemployment peaked at 5.4% in 2002, went to 5.3% in 2003 (its first improvement in 13 years), and as of June 2007, it stood at 3.7%. In 2005, the economy grew by 2.6%. Interest rates now stand at 0.75%. Agriculture accounts for just 2% of the GDP.
Business Etiquette: A large supply of business cards printed in English and Japanese is essential. Cards can be quickly printed on arrival with Japanese translation on the reverse side. Appointments should be made in advance and, because of the formality, visits should consist of more than a few days. Punctuality is important. Business discussions are often preceded by tea and are usually very formal. Seniority is strictly observed.
Office hours: Mon-Fri 0900-1700. Some offices are open Sat 0900-1200.
Business Contacts: Japanese Chamber of Commerce in the UK
Salisbury House, 29 Finsbury Circus, London EC2M 5QQ, UK
Tel: (020) 7628 0069.
Website: www.jcci.org.uk
Nippon Shoko Kaigi-sho (The Japan Chamber of Commerce and Industry)
2-2 Marunouchi 3 Chome, Chiyoda-ku, Tokyo 100-0005, Japan
Tel: (3) 3283 7824.
Website: www.jcci.or.jp
JETRO (Japan External Trade Organisation)
Ark Mari Building, 6F 12-32, Akasaka 1-Chrome, Minato-Ku, Tokyo 107-6006, Japan
Tel: (3) 3582 5511.
Website: www.jetro.go.jp
JETRO in the UK
MidCity Place, 71 High Holborn, London WC1V 6AL, UK
Tel: (020) 7421 8300.
Website: www.jetro.go.jp/uk
Japan Convention Bureau
2-10-1 Yurakucho, Chiyoda-ku, Tokyo 100-0006, Japan
Tel: (3) 3216 2905.
Website: www.jnto.go.jp
Conferences & Conventions: The Japan Convention Bureau is a division of the Japan National Tourist Organisation (see Contact Addresses); its Convention Planner’s Guide to Japan lists 35 cities with conference facilities including Hiroshima, Kyoto, Nagasaki, Osaka, Tokyo and Yokohama. Kyoto has proved to be one of the most popular locations for international meetings over the last few years.
Statistics: • GDP: US$4.9 trillion (estimate 2006).
• Main exports: Cars, computers, semi-conductors, electronic devices and chemicals.
• Main imports: Machinery and equipment, fuel, food, chemicals and textiles.
• Main trade partners: USA, China (PR), Taiwan (China), Korea (Rep) and Germany.
Economy: After suffering massive destruction during WWII, Japan was the economic phenomenon of the late 20th century. At US$4.2 trillion, the country’s GDP ranks second in the world after the USA. The structure of the Japanese domestic economy revolves around a group of large multi-product corporations (many of which are global household names), linked in loose alliances with banks and finance houses.
The model worked superbly until the early 1990s, when competition from abroad and excessive lending by the banks began to exert pressure. The extent of the problem became apparent with the 1991 property crash and, more spectacularly, the 1997 Asian financial crisis.
In the following years the economy stagnated, remaining at 0% inflation for a few years. Unemployment, a comparative novelty in a country where jobs were typically guaranteed for life, reached 5.4%.
From 2003, the economy showed signs of recovery. Unemployment peaked at 5.4% in 2002, went to 5.3% in 2003 (its first improvement in 13 years), and as of June 2007, it stood at 3.7%. In 2005, the economy grew by 2.6%. Interest rates now stand at 0.75%. Agriculture accounts for just 2% of the GDP.
Business Etiquette: A large supply of business cards printed in English and Japanese is essential. Cards can be quickly printed on arrival with Japanese translation on the reverse side. Appointments should be made in advance and, because of the formality, visits should consist of more than a few days. Punctuality is important. Business discussions are often preceded by tea and are usually very formal. Seniority is strictly observed.
Office hours: Mon-Fri 0900-1700. Some offices are open Sat 0900-1200.
Business Contacts: Japanese Chamber of Commerce in the UK
Salisbury House, 29 Finsbury Circus, London EC2M 5QQ, UK
Tel: (020) 7628 0069.
Website: www.jcci.org.uk
Nippon Shoko Kaigi-sho (The Japan Chamber of Commerce and Industry)
2-2 Marunouchi 3 Chome, Chiyoda-ku, Tokyo 100-0005, Japan
Tel: (3) 3283 7824.
Website: www.jcci.or.jp
JETRO (Japan External Trade Organisation)
Ark Mari Building, 6F 12-32, Akasaka 1-Chrome, Minato-Ku, Tokyo 107-6006, Japan
Tel: (3) 3582 5511.
Website: www.jetro.go.jp
JETRO in the UK
MidCity Place, 71 High Holborn, London WC1V 6AL, UK
Tel: (020) 7421 8300.
Website: www.jetro.go.jp/uk
Japan Convention Bureau
2-10-1 Yurakucho, Chiyoda-ku, Tokyo 100-0006, Japan
Tel: (3) 3216 2905.
Website: www.jnto.go.jp
Conferences & Conventions: The Japan Convention Bureau is a division of the Japan National Tourist Organisation (see Contact Addresses); its Convention Planner’s Guide to Japan lists 35 cities with conference facilities including Hiroshima, Kyoto, Nagasaki, Osaka, Tokyo and Yokohama. Kyoto has proved to be one of the most popular locations for international meetings over the last few years.