‘Business & Economy’ Archives
Japanese Yen rises higher
It's a real surprise for many of Japanese businesses. Today's news says 1 dollar became equivalent to 83 JPY. This seems the highest exchange rate for Japanese Yen to US dollar in the last 15 years. Some or maybe many have suspected this high rate since the crash of American Economy by sub-prime loan crisis. Also some of them even expect [...]
English Schools in Japan bankrupt. Teachers go home
An English school called GEOS in Japan recently announced bankruptcy. This is the 2nd time bankruptcy among large English schools in Japan, the first one was NOVA. There have been 3 or 4 large chain schools in Japan, Aeon, Nova, Geos, and ECC. It means 2 out of 4 schools are already gone. Frankly speaking, those English schools are not [...]
Terrible News from Media
Seeing news on TV everyday, I often lose my hope to the future. Probably many of wise news watchers know that Japanese media don't tell the truth at all. What they report is only beneficial things for themselves. It's really desperate. Many of them know that Japanese media are working closely with powerful politicians. And the controlling power [...]
Japan has 769 billion dollar US Bonds now
This is an amazing number. 769 billion dollar US bonds ! Today's news says that Japan again outnumbered China on the UD bond holding amount. This means that Japan has been constantly buying US bonds whatever Japanese economy situation may be. We know that accumulating amount of US bonds has no value because Japan can't sell it. But the [...]
Toyota, and Honda next ?
Toyota's recall is really serious recently. Everyday, news about Toyota is updated, and all of them are negative news. Toyota will be losing huge profit this year with the recall works. Of course, Toyota must deal with all the problems in the world. But to be honest, many feel strange about this recall matter. Recent news of Toyota are like [...]
New York Burger sold out ? McDonalds
In Japan, among the hamburger shops McDonalds is the most popular and it's a successful company. In the USA, the original birth place of McDonalds, it's often thought to be a junk food. In Japan, there certainly are some critical people who say it's Junk, but average people still like McDonald's and they don't think it's a Junk food. I don't [...]
RAKUTEN starts new business in CHINA with BIDU.O 百度
Rakuten Ichiba (楽天市場）, or Internet Shopping Site, RAKUTEN will start EC business in China with BIDU.O (百度）. This is a really big news for us Japanese. Rakuten started it's business on the internet only about 10 and something years ago. But it already became the Japan's NO.1 internet shopping company, and it's ranked within top [...]
China became the biggest trading partner of Japan
Of course,the USA has been the largest country for Japan in the sense of trading and influence after the war. Japanese prosperity after the war, in a sense, was realized by the relation with the USA. But China seems to have taken place of the NO.1 trading status for Japan, according to the recent news. This is a good news. It's really [...]
SEIBU department Yurakucho store to close this year
This is a little shocking news for me because I often visit this department store. SEIBU department store has a lot of branch stores in Japan, and Yurakucho store or the Ginza area store is one of the most sophisticated branch store of them all. It's located just near the Yurakucho station, and the building is a complex with some good cinema [...]
DENTSU buys Innovation Interactive
I don't know the present status of the Advertising company, Dentsu. But it used to be ( or still is ) a world largest advertising company. At least Dentsu is the largest AD company in Japan still with a big distance to the second company, Hakuhodo. That guliver like company, Dentsu, seems to buy an American internet advertising company [...]
