Fresh & hot from Japan, from 8 to 12 May 2017

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

8 May LIXIL returned the best sales performance, thanks to a solid shower toilet selling well in China

The net income of the settlement of accounts (international accounting standards) of a house equipment major, LIXIL Group, recorded the highest gain of 42,500 million yen for March, 2017 period (cf. a deficit of 25,600 million yen in 2016).  This was due to results of cost cutting and good sales performance of overseas restroom business including China.

Comments: This news indicates consumer interests in China have turned to the improvement of living conditions.

9 May You may be a sales person even above 70 years old, Daiwa Securities to lift the age limit of reemployment

Securities major Daiwa Securities Group Inc. decided to lift the age limit of the reemployment of the sales job, which presently is 70 years old. It is intended to reinforce sales force by utilizing abundant experience of the veteran work force.

Comments: Good not to eliminate resources because of the age, but what will be their payment? A major problem of the present Japanese reemployment after the legal retirement age is a sharp decrease of wages even for the same job.

10 May Film for tablets that may not be broken, invented by RIKEN TECHNOS Corp.

A plastic film maker, RIKEN TECHNOS CORPORATION, returned a record high operating income of 5,800 million yen for March 2017, up by 15.3% from the previous year.  While the main product was a vinyl  chloride material for automobiles, the company developed a plastic film which was hard to be broken for the screens of tablet terminals, anticipating that the number of cars produced in Japan may not grow any more.

Comments: From core-competence, taking into account the digital markets, innovation is born.

12 May Search by a smartphone application of strolling person due to dementia, the first field trial in Aichi-ken

A trial to look for an elderly person strolling around because of dementia using an application of smartphone started. Those who look for such person may send some information of the missing person such as his/her characteristics to  the smartphones of the cooperators, thus expand a search network to the entire region. The first field experiment in Japan took place in Kasuga-shi, Aichi-ken in April.

Comments: A key to success may be to have a large number of people who install and pay attention to such an application, or social awareness raiding.

  • 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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