Japan SWOT Analysis
Strengths:
Economy- Economy has a long term positive impact on Japan, which will add to its value. The qualitative factor of economy will lead to a decrease in costs for Japan
Japanese Biotechology-
Hard working People-
Sophisticated consumers with high purchasing power- They help Japan set trends and utilize latest technology. These customers tend to appreciate fashionable, name brand items that allow luxury goods makers to use their profits and knowledge of the Japanese consumer market to expand globally. Technology companies sell high tech and high priced goods to Japanese customers, which allows the entire country to utilize the latest technology. technology has a major correlation with productivity,
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Initially, the labor participation rates (which are low in many countries) can also be increased to temporarily reduce or delay the shortage. On the positive side, such a shortage increases the demand for labor, which can potentially result in a reduced unemployment rate as well as higher wages. As the birthrate in developed countries drops well below the “replacement rate” of 2.1 children born to every woman, to somewhere between 1.1 and 1.4 children — the declining population will have severe consequences in the near and distant future. Demographic decline causes anxiety because it is thought to go hand-in-hand with economic decline. With fewer, younger workers to pay the health and pension bills of an elderly population, states face an unprecedented fiscal burden. The dependency ratio of those aged 65 and over to those of working age looks set to double from one-to-four to one-to-two in 2050."
Natural Disasters-
Female Managers in Japan- Only 8% of managers are female in Japan, whereas, they are 40% in America and 20% in China. This difference in female participation means Japan is only getting their ideas from men. The loss of creative ideas is a debilitation consequence of low female participation.
Lost Cost of Capital in Japan-Japan's reliance on low cost of capital is hurting their economy. Japan's government institutions hand out money to try and revitalize ailing companies. These low
The Zaibatsu, which is a combination of the top grossing companies in Japan and have many connections in the government and court system that give them a substantial amount of power. Lastly, Japan’s resources are very limited because only 12% of its land is fertile, and they must import 80% of its energy to them. Socially, Japan’s ageing population is another reason why the economy has become stagnate. The ageing population will eventually cause labor shortages that Japan cannot replace.
The United States wanted to be able to trade with Japan. Japan is on the trade route to china so the americans wanted to set up a coal station in Japan, so they could get fuel for their steamships. The U.S sent a representative to try and discuss about getting a coal station, but he was told to leave. Next commodore Perry entered edo with four huge war ships and several objectives; to get supplies and coal from Japan, to protect sailors and american ships that might need help, and to have an official trade agreement with Japan. After the third time the United states came into japan asking for a coal station the bakufu decided to sign the treaty in 1854. At the time japan felt that this agreement was a huge accomplishment because, it allowed them to still be independent and control over their country, although no trade agreement was actually made, but Perry’s other two objectives were met; two ports were opened to the U.S ships, and shipwrecked sailors were to
During the decade of the 1960s, the monetary value of exports grew at an average annual rate faster than the average rate of all noncommunist countries. This rapid productivity growth in manufacturing industries made Japanese products more competitive in world markets. With the fixed exchange rate for yen during the decade of 1960, the chronic deficits that the nation faced in the 1950s had disappeared by the middle of the 1970s.
In Chapter 15: Aging and the Elderly, the U.S. birth rate has been falling for more than a century. It happens because children are more likely to survive into adulthood, and so couple have fewer children. As more women work outside the home, they choose to have fewer children. Greater material wealth and advances in medicine have raised living standards so that people benefit from better housing and more nutrition. The oldest segment of the U.S. population, is increasing rapidly and is already forty times greater than in 1900.
Japan 's market economy, which is mostly industrial, is the third-largest economy in the world by GDP, which currently sits at 4.92 trillion USD. Japan has one of the world’s largest consumer markets, mostly due to its large population and well-educated work force.
Japan’s unemployment rate of about 4% opposed to the U.S. unemployment rate of close to 10%. Even the financial debt to GDP ration is an advantage, and debt in the private sector has not increased unlike the U.S. and European countries, (Time, 2009). In addition, since Japan is a huge exporter and with the U.S. demand going downward, the international balances and growth declined especially as the dollar value dropped and the yen surged. •
The largest Japanese import, undisputedly, is video games. Nintendo, Sega, and the Sony Playstation have made the biggest impact on this nation. Just about every game you pick up in from Japan. Sonic the Hedgehog, Super Mario, even Pac-man. Video games have come farther than anyone could have imagined. With new crazes like Dance Dance Revolution, a game in which you literately dance on a pad to popular J-pop songs, and new technology Americans will keep buying Japanese games.
Today in Japan, a reinvention is necessary. There are many struggles with the young generation, the old generation, and catastrophic events which should be addressed. Specifically, the Japanese economy has been experiencing deflation for the past twenty years. In an article, the results of the deflation were described. The authors said, “Because of fewer available jobs and lower
The fall of the Japanese Shogun proceeded the end of the Warring States era and it begin the whole new process of uniting Japan. During the process of unifying Japan, there were three main rulers that each took a different access to not only Japan, but by reaching relations with the Westerners. The three main rulers that were involved in this unifying was: Oda Nobunaga, Toyotomi Hideyoshi, and Tokygawa Ieyasu.
Japan ranks as the third largest economy in the world as of 2010. The GDP at current prices in US dollars in Japan was reported at 5068.06 billion in 2009, according to the International Monetary Fund (IMF). Japan’s resurgence after World War II has however reached an inflection point in yearly 1989 after the burst of Japan’s asset price and real estate bubbles. As can be seen from the graph below, Japan’s GDP has hovered around the same level through more than 20 years of economic stagnation. The GDP’s slow growth has been exacerbated by the world financial crisis of 2008. A major landmark of Japan’s stagnation has been the BOJ’s fight against deflation.
In 1950, the average number of children per woman was around 5 and in 2010 that number decreased by 50 percent to 2.5. The major contributor to this dramatic change was advancements in medicine (i.e. birth control). In 1950 the life expectancy of a child was forty-seven and in 2010 it went to seventy. One of the major contributors to this shift was lifestyle changes to healthier living (exercise, diet and less smoking) and advancements in medicine. With aging societies, there comes some potential negative implications to international stability and US national security.
The Japanese economy, the 2nd largest in the world, accounts for 7.1% Global World GDP, at US$4.6 triliion and a per capita income of approximately US$33,550 (World Bank 2006). As a result of globalisation, literacy levels are at 99% and the general living standards of the
When most people think about Japan they come up with two opposing images. One image reflects the busy day life of this island; filled with salary man and companies. While the second image features an explosion of colorful LED lights and clubs that are common within the nightlife. Today in present day, Japan has evolved and flourished to become one of the top growing economies and industries in the world. Making Japan a prime and excellent area for jobs to prosper. One of these modern jobs that have flourished is the Hostess lifestyle. Known in modern society as the elegant young women who entertain men, this lifestyle can be traced to many other types of jobs residing in Japan. While a subtler job career opposing the hostess lifestyle are
Following the UK referendum, in which the country voted to leave the EU, Japan has issued what is regarded as an unprecedented message to both the UK and EU. Although Japan is keen to state that it respects the will of the British people, the Japanese government have collated the concerns of Japanese businesses operating in the EU to ensure that both the UK and EU remain an attractive destination for doing business.