General Edition Sunday, November 5, 2006 Issue No. 398
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|+++ WHAT'S NEW<>|
Although at first glance the business looks like a pretty standard operation, the company is special in that a full 95% of its business comes from foreign technology firms (not end users). The remaining 5% is with Japanese firms needing some form of assistance leveraged by JTP's international operations. In a country where most SI firms are challenged to simply communicate with foreigners, JTP really shines.
However, thanks to the recent economic improvement, things are looking up again, and MIC reckons that this year, 2006, the overall market will be worth JPY2.61trn (US$2.21bn), up 6.5%. As one could expect, the biggest area of growth is expected to be data centers, which are likely to expand by about 8.7% annually through 2010.
(US$2.12bn) 10-year deal between Hitachi and UFJ Bank in 2002. The two companies in typical Japanese style formed a joint venture - an indication of how closely Japanese firms want to keep their outsourcing partners -- and which is called UFJ-Hitachi systems.
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The concept and the term "Third Party" stuck with Mori, and he decided to go check out several such vendors. He was impressed with their professional capabilities and yet their ability to control costs. Heading back to Japan, he floated the idea that Omron, too, should go into the third party maintenance business in Japan. The idea met with favor and a team was formed.
The Ingenium Group is Recruiting
The Ingenium Group, a leading executive search firm in Japan,is expanding and currently accepting applications for Executive Search Consultants who want to play key roles in the following areas: Accounting, Human Resources, Technology, Semiconductors, Financial Services, and Consumer Products.
You are encouraged to consider joining our growing team if you're ambitious, organized, self-confident and have strong client presentation and client service skills.
For more information:
Century 21 SKY Realty
Century 21 SKY Realty has been the leader in Tokyo's real estate market for more than 20 years. We offer a wide selection of rental and sales properties for residential living and commercial use. Our bilingual agents are skilled at helping people find the ideal location to accommodate their lifestyle.
We also help businesses find room to work, with our vast computerized inventory of commercial and office space, not only in central Tokyo but also throughout most of Japan.
Visit our website for up-to-date listings and more features:
- New Indian software centre for Japan
- Oricon overwhelmed by iTunes
- Softbank subject of Fair Trade Complaint
- Income gap increasing, now 12th among OECD
- Condo developer ramping up property purchases
-> New Indian software centre for Japan
Although a slightly dated news item, we thought this fits well with today's editorial about outsourcing. Tata Consultancy Services (TCS) announced in October that it has opened a new software development centre in Kolkata that will supply services to about 35 Japanese Systems Integrator and end-user customers. The new center will have 100 staff to begin with, expanding to several thousand over the next 2 years. ***Ed: Considering all the other software centers being formed in India by Japanese and Japan-related companies, clearly there is something of a boom going on right now. We have heard that one catalyst for the latest burst of activity is the upsurge of Indian engineers learning Japanese in their own country, especially now that it is harder to get a work visa and jobs in the USA.**
(Source: TT commentary from reuters.com, Oct 18, 2006)
->Oricon overwhelmed by iTunes
Oricon, Japan's largest publisher of music hit charts (kind of like Billboard in the USA) has announced that it will pull out of the online music business after sparse customer traffic to its website, caused, it says, by the overwhelming popularity of Apple's iTunes music store.
Significantly, an Oricon spokesman said, "The iPod has outrun us all." Oricon will refocus its energies on mobile phone music downloads, which is still a viable market.
(Source: TT commentary from silicon.com, Nov 1, 2006)
->Softbank subject of Fair Trade Complaint
->Income gap increasing, now 12th among OECD
Whether you buy into the opposition parties' claims that Koizumi's market deregulatory policies are the cause of growing income disparity, the fact is that a government survey done by the Ministry of Internal Affairs shows that indeed the disparity gap not only exists, it is increasing.
Apparently, Japan's income disparity is now 12th among OECD countries, about the same as France but greater than that of Germany and Sweden, and lower than that for the UK and USA. ***Ed: A separate July OECD report showed that Japan's relativepoverty rate, that is the number of people earning less than half the national median income, is the second worst in the OECD, after that of the USA.** (Source: TT commentary from nikkei.co.jp, Nov 2, 2006)
-> Condo developer ramping up property purchases
In anticipation of a strong increase in property values in urban areas of Japan, Japan's largest property developer, Mitsui Fudosan, has said that it is increasing investments into special-purpose companies (SPCs) as well as purchasing property for condominium development. The new strategy was announced as a follow-up to the company's half-yearly results last week, when it disclosed that group operating profit soared 42% to JPY64.2bn (US$525m) for the first half of FY2006. The surge in profits came from property investment and the sales of condos. (Source: TT commentary from nikkei.co.jp, Nov 1, 2006)
NOTE: Broken links
Many online news sources are now removing their articles after just a few days of posting them, thus breaking our links -- we apologize for the inconvenience.
|+++ CANDIDATE ROUND UP/VACANCIES|
=> Two Japan Inc. Communications advisory consulting clients are actively searching for CEOs for Japan. These positions are both open to non-Japanese with relevant prior experience and language skills.
- CEO for established Japan operation, electronics industry
- Local office of European multinational
- Managing 70+ employees
- Must have strong electronics/sales background
- Must have strong bilingual language skills
- At least 5 years recent work experience in Japan
- References will be required
- Position to be filled by year-end
- CEO for new operation to be established in 2007
- Green-field manufacturing facility, to grow to 40 people
in two years
- Parent company is one of fastest growing
technology/manufacturing companies in USA
- Radical new manufacturing process that in trial research
indicated company will revolutionize the market segment
- Strong leadership and bilingual communication skills
- Initial work is planning and executing the start-up
- Then moving to sales and market leadership
- At least 5 years in product manufacturing in Japan
- References will be required
- Position to be filled by March 2007
* Interested parties may make initial contact in confidence
Does your translator have 15 years' experience?
Why go through an agent when you can go direct?
Email Michael now for competitive rates and dates.
+++ UPCOMING EVENTS/ANNOUNCEMENTS
The NZ Ball is a charity event, raising money for Cure Kids (www.curekids.org.nz). Enjoy a great evening of entertainment, food and wine, and help future generations of NZers.
Date: Friday 17th November, 2006
Tokyo PC Users Group
The oldest English-speaking PC club joins users of all stripes. Discuss new technology, software & hardware at monthly evening meetings on the first Thursday, held at the Tokyo Union Church. Over 30 open mailing lists and newsgroups -- ask questions or read along. Free hands-on PC help desk at meetings. All welcome!
See www.tokyopc.org for details.
IT events announcements are priced at JPY50,000 per week.
In this section we run comments and corrections submitted by readers. We encourage you to spot our mistakes and amplify our points, by email, to firstname.lastname@example.org.
-> TT 397. We highlighted the changes in the attitudes by
the courts as companies seek to adjust employee's salaries according to performance rather than seniority. A recent law allowed a Kanagawa company to signficantly reduce the salaries of some seniors after they could not perform to the specifications of their job description.
*** Reader response
This could trigger a wholesale gutting of the wage system and make a lot of older workers vulnerable. Is that such a good thing in a country whose income gap is already getting growing?
*** We respond
What would you rather have? A flexible work force in a competitive world, or drivers and gardeners on JPY12m or more annually because they have been with the company for 40 years? We really do know of drivers who make this amount and more. The reality is that Japan can't afford to build its social welfare net into the companies themselves.
Instead, if people need help, it should be broken out into a government-supplied line item. We believe skilled young people should earn more, based on merit, and older people getting left behind should try reskilling themselves, or better still, go into business for themselves and hire a bunch more talented young people...
...The information janitors/
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Logistics: The So-Fast Corporation
Seeing is believing: see our company in action
So Fast Corporation, an innovative logistics company, is offering tours of its Heiwajima warehouse.
For details or appointment, contact Katsuhiko Kakuchiyama.
Logistics warehouse Dates:
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|+++ ABOUT US|
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