Japan presentation1

JAPAN

History of Japan

Japanese Yen

• The national currency of Japan

Bank of Japan (B.O.J.)

• The Central Bank of Japan

Geography

• Western Asia, Island Chain between North Pacific Ocean and the Sea of Japan, East of Korean Peninsula

Land

• Coast

• Natural Resources– Rice, Fish

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Electronics

• 27% of Global electronics production

Automobile industry

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Japan has truly entered the automobile market with a boom, in luxury and suv/truck sales taking off. Japan is the world's second largest automobile manufacturer and exporter, after the United States. Japan has six of the world's ten largest automobile manufacturers.

People

• Language: Japanese• Population: • 127,463,611• Age Structure:

– 0-14 years: 14.2%– 15-64 years :65.7%– 65 years +: 20%

– GDP: $28,700

• Population growth rate: 2%(2,549,272)

• Life Expectancy: 81 years

Etiquette

• Not a society where there is physical contact between one another.

• The equivalent to the hand shake is to Bow.

Bowing

• The common Greeting in Japan

• In formal/professional situations the you respect your elders/superiors by bowing lower than them.

Religion

• Syncretism: The incorporations of many religious beliefs into everyday life

Education

• 90% of student attend high school

• 2.5 million students attend a university or college

Holidays

•The Public Holiday Law (1948)is what establishes the occasions that are recognized in Japan as a legal holiday

Unions

• Three Tiered Structure

Economy

Interest Rates

TRADE

Buisness

• Normal Buisness Hours (Monday-Friday) : 9:00 am-5:00 pm

(Saturday): 9:00am-12:30pm

Government Offices (M-F):

10:00am-5:00pmBank Hours (M-F)9:00am-3:00pm

Department Stores (daily, except for one day closed usally Wednesday or Thursday)

10:00am-6:00pm• Normal lunch

break:12:00pm-1:00pm

International Business

• Export Parters:• US 22.9%, China 13.4%, South Korea

7.8%, Taiwan 7.3%, Hong Kong 6.1%

• Import Partners: • China 21%, US 12.7%, Saudi Arabia

5.5%, UAE 4.9%, Australia 4.7%, South Korea 4.7%, Indonesia 4%

Imports

• Machinery and equipment, fuels, foodstuffs, chemicals, textiles, raw materials

• $524.1 billion f.o.b.

Steel and Iron

• A leading industry in Japan.

• Critical to economic growth in the 1950’s.

Exports

• transport equipment, motor vehicles, semiconductors, electrical machinery, chemicals

• $590.3 billion F.O.B.

Business

Contract’s

Property

• Registering

• Availability

• Size

Credit

Disclosure Index

Government

• Constitutional Monarchy with a parlimentary Government.

• Political Parties:

IMPORTS/EXPORTS