2nd Yr - MGT Japan Business Etiquette

Top 5 Companies in Japan

Nippon Telegraph and Telephone

Mistubishi Corporation

Honda Motor

Mitsui & Co

East Japan Railway

Type N700 (speeds up to 186mph)

Bullet Train

Sushi

Sumo wrestlers

2011 Tohoku Earthquake and Tsunami

Estimated Tens of Billions of Dollars worth of Damage

Earthquake and Tsunami

Japan’s Economy Now

Currency: Japanese Yen ( ¥ ) Aging Population 3rd largest nominal GDP 4th largest Purchasing Power Parity Largest Creditor Nation Public Debt: $13.64 Trillion (229.77% of GDP) Revenues: $1.1 Trillion Expenses: $1.157 Trillion Respect and Honor

Exports

Vehicles excluding trains and streetcars: $162,829,579,000 (20.4%)

Machinery: $158,870,832,000 (19.9%) Electronic equipment: $125,918,110,000 (15.8%) Optical, technical and medical apparatus: $45,644,401,000

(5.7%) Iron and steel: $39,473,911,000 (4.9%) Plastics: $28,528,586,000 (3.6%) Organic chemicals: $23,404,749,000 (2.9%) Ships, boats and other floating structures: $22,229,398,000

(2.8%) Articles of iron or steel: $15,492,322,000 (1.9%) Rubber and rubber articles: $14,878,861,000 (1.9%)

Known Automobile Makers

Honda Mazda Mitsubishi Nissan Subaru Suzuki Toyota Yamaha

Top Japanese Car Automobile Brands

Imports

Petroleum 15.5% Liquid natural gas 5.7% Clothing 3.9% Semiconductors 3.5% Coal 3.5% Audio and visual apparatus 2.7% Precious metals (Gold, Silver, Aluminum)

Greetings

Bowing

Receiving a Business Card

Business Attire

Appointments

Appointments are required and, whenever possible, should be made several weeks in advance.

Etiquette & Customs in JapanMeeting Etiquette If at all possible, wait to be introduced. While foreigners are expected to shake hands,

the traditional form of greeting is the bow.Gift Giving Etiquette Good quality chocolates or small cakes are

good ideas. Gifts are not opened when received. Give a gift and receive a gift with both hands

and a slight bow.

Etiquette & Customs in Japan

Watch your Table Manners! Wait to be told where to sit. If you do not want anything more to

drink, do not finish what is in your glass. If you leave a small amount of rice in

your bowl, you will be given more.

Etiquette & Customs in JapanHelpful Hints Avoid using the number "four" if

possible. The Japanese may ask personal

questions. The Japanese do not express opinions

and desires openly. Do not expect a Japanese person to say

"no."