This Year has been a banner year for Japan. After something like 14
years of near recession, the country has discovered that there is such a
thing as rebirth. Exporters are experiencing massive profit growth, and
are busy reinvesting in plant, M & A, and R & D.
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Watching TV last night reminded me, though, that this rebirth could
be temporary. I can't help noticing that Shinzo Abe, the
nation's new PM, is no Junichiro Koizumi. Maybe it's just the
foreigner in me, but I liked the way Koizumi jousted with the
establishment and threatened the nation's many cozy self-interest
groups. I just don't see that in the Abe government, so one wonders
whether the period of reconstruction is now over. If it is, then that
means the opportunities for foreigners will decrease as well, as the
wagons are circled for the next down curve.
Still, right now in December 2006, it's all systems-go, and
foreign investors and companies are taking a strong second look at
Japan. Bypassed in favor of China for more than a decade, Japan is
suddenly cashed up and ready to take on new technology and new (often
foreign) business partners. The slip stream effect of this new activity
has been significant and beneficial for both the Japan Inc. magazine and
our online media channels. Business is good, subscribers are growing,
and requests for consulting by our downstream market entry unit have
jumped.
As a result, we are planning to expand our media activities, and
the most noticeable of these will be a brand new web site, at
www.japaninc.com and 'live' by the time you read this. The
site is being designed to be user-supported, so that articles published
by us and questions posed by newcomers can be responded to by experts
both on our editorial team and also from outside consultants. In this
way, we hope to customize the information channel to assist people with
specific interests in Japan.
Another initiative, and a good indicator of the flow of enquiries
from foreigners wanting to establish in Japan and in Japanese firms
wanting to expand overseas, is the fact that we are linking up with
another icon in the English-language publishing industry to address the
shortage of information about how business gets done here. The icon I
refer to is the Japan Times. The plan is for our content to provide
coverage of technology, venture and private investment, and the latest
movers and shakers in Japan--i.e., exactly those areas where the
greatest amount of leverage and market penetration can be achieved by
foreigners building business in Japan.
So if you are thinking of setting up in Tokyo, or you're
wondering how to get a partnership going here, you're going to like
the specific and practical business information and editorial we plan to
provide over the next 12 months.
Terrie Lloyd
Publisher, Japan Inc magazine
COPYRIGHT 2006 Japan Inc.
Communications Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2006, Gale Group. All rights
reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.