Fresh & Hot from Japan, 29 August to 2 September 2016

Please enjoy fresh & hot news from Japan with comments by Europe-Japan Dynamics.

29 Aug. Japanese companies heading to the last mega market, 73 MOUs in Africa after TICAD6

In connection with the sixth Tokyo International Conference on African Development (TICAD6) held in Nairobi, Kenya, 22 Japanese companies and organizations signed 73 memorandums (MOU) with African organisations. Eighty four (84) Japanese companies participated in TICAD to appeal their presence, expecting business development in “The last mega market”.

Comments: Africa has been far and unknown for Japanese companies till recently.

30 Aug. Kubota entering the drone market for agrochemical spraying, one 2 million yen per drone

Kubota Corp., a major vendor of agricultural machinery, announced that the company would enter the market of drone (robot plane) to spray pesticides from the air by May 2017. A drone would cost around 2 million yen, and Kubota would sell 1,000 drones per year three years after the market entry to generate sales of about 2 billion yen.

Comments: Drones may be a good idea to avoid human beings to get affected by harmful ingredients of pesticides.

31 Aug. Production index of manufacturing sector remained flat in July, no renewal of trend assessment

The preliminary figure of the production index of manufacturing sector (2010 = 100, seasonal adjustment) of July released by the Ministry of Economy, Trade and Industry was 96.9, which remained flat since last month. The trend assessment remained unchanged, being “Fluctuating, while some improvements are seen”.

Comments: We only expect economic recovery.

1 Sep. FamilyMart absorbed UNY, the number of the combined convenience stores become next to that of Seven-Eleven

FamilyMart and UNY group holding performed business integration on 1st September to give rise to UNY FamilyMart Holdings. A large distribution group is born, which has the second largest number of convenience stores and super markets strong in the Tokai Region.

Comments: Large scale supermarkets and convenience stores must revamp their competition strategies.

2 Sep. Kobayashi Pharmaceutical to introduce “Anmerutsu” in the US markets at last at the 50th anniversary of its market release

Antiphlogistic balm “Anmerutsu”, which has been in the market for 50 years since its release in 1966, is entering the US markets. Kobayashi Pharmaceutical, which is in charge of the medicine’s sale, announced that the company acquired a US company, Perfecta Products, Inc., to promote the sale of “Anmerutsu” in the US.

Comments: It’s a good idea to bring well-established medicine to new markets.

アンメルツ

  • All the news items are picked up from “Asahi Digital”, and summarized and translated by Europe-Japan Dynamics. The articles are not an official translation by the Asahi Newspaper.
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Author: Yoshiko KURISAKI (栗崎由子)

I am Yoshiko Kurisaki, Japanese, executive consultant specializing in cross-cultural management between Europe and Japan. Being based in Geneva, I travel between Europe and Japan. Culture may be a stop factor in business. That said, if you go beyond that, culture is a vaIuable source of inspirations and innovation. I help European businesses to turn cultural barriers to innovation.   栗崎由子(くりさき よしこ)、ダイバーシティ マネジメント コンサルタント。二十余年間欧州の国際ビジネスのまっただ中で仕事をしてきました。その経験を生かし、日欧企業むけにビジネスにひそむ異文化間コミュニケーションギャップを解消し、国籍、文化、性別など人々の違いを資源に変えることのできるマインドセットを育てるための研修やコンサルティングを行なっています。文化の違いは”面倒なこと”ではなく新しい価値を生み出す源泉です。日本人の良さを国際ビジネスに生かしながら、違いを資源に変えて価値を創造しましょう。ジュネーブ在住で、日本とスイスを往復しています。

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