Ken W.

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Links and Resources: Online Colleges' "100 Best Blogs for International Business Students"

Ken W. posted an article on - Nov 17, 2009, 8:11 am
Online Colleges recently published their list of the “100 Best Blogs for International Business Students.” I definitely recommend checking it out, though it might be a bit dangerous and ti...
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Japanese government to collect used mobile phones in lottery campaign

Ken W. posted an article on - Nov 11, 2009, 8:16 am
Earlier today, the Ministry of Economy, Trade and Industry announced that it plans to kickoff a campaign to collect used mobile phones from November 21. During the campaign, which is scheduled to last...
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Ishihara: Tokyo to bid for 2020 Olympics

Ken W. posted an article on - Nov 9, 2009, 1:02 am
Those who felt that Tokyo’s failed bid for the 2016 Summer Olympics was a colossal waste of $48 million are surely going to groan at today’s headline: Tokyo to bid for 2020 Summer Olympics...
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McDonald's betting on coffee for profit growth?

Ken W. posted an article on - Nov 3, 2009, 8:26 am
On Monday, McDonald’s Japan reported that its pretax profit had jumped 25% in the January-September period compared to a year ago, despite a 10% drop in same-store sales, which can be explained ...
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No change for now at Narita or Haneda

Ken W. posted an article on - Oct 15, 2009, 8:42 am
After transport minister Seiji Maehara announced on Sunday that Tokyo’s Haneda Airport (formally known as Tokyo International Airport) should become a 24 hour hub for domestic and international ...
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Japan's video game market shrank 10.5% in April-September period

Ken W. posted an article on - Oct 2, 2009, 9:05 am
According to gaming magazine Enterbrain, the domestic market for video game sales shrank by 10.5% in the April-September period, to 213.8 billion yen. According to the report, sales of Nintendo DS con...
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News roundup, Thursday October 1: Wages, Tankan, Nikkei, Disney, auto sales and more

Ken W. posted an article on - Oct 1, 2009, 6:18 am
According to a report released yesterday by the Ministry of Health, Labour and Welfare, average wages at Japanese firms with five or more workers fell 3.1% in August, to 273,360 yen. August was the fi...
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Japan core CPI falls at record pace for fourth month in August

Ken W. posted an article on - Oct 1, 2009, 12:49 am
On Tuesday, the Ministry of Internal Affairs and Communications announced that Japan’s consumer price index had fallen 2.2% in August, while core consumer prices (excluding fresh food) tumbled a rec...
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Things heating up over yen appreciation

Ken W. posted an article on - Sep 28, 2009, 2:10 am
When Peter Schiff recently said that Japanese policymakers were embracing a “strong yen” policy, one of my eyebrows raised a bit. Although Finance Minister Hirohisa Fujii has made it clear...
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Nikkei: Store brands and online sales contributing to CPI spiral

Ken W. posted an article on - Sep 23, 2009, 8:05 am
Japan’s core consumer prices fell a record 2.2% in July, showing a fall for the fifth consecutive month. Earlier today, the Nikkei published a piece illustrating the negative effect that store b...
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Softbank to offer Armani handset

Ken W. posted an article on - Sep 16, 2009, 8:13 am
Softbank announced yesterday that it intends to launch a new Samsung handset designed by Giorgio Armani. The unit has a 2.2 inch OEL screen and a 3 megapixel camera, and will be available in either bl...
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Japan Consumer Confidence up for eighth straight month in August

Ken W. posted an article on - Sep 14, 2009, 8:28 am
According to data released Friday by the Cabinet Office, Japan’s Consumer Confidence Index rose to 40.1 in August, up from 39.4 in July. August was the eighth consecutive month in which the cons...
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Nikkei: Panasonic offers best work environment

Ken W. posted an article on - Sep 9, 2009, 8:04 am
According to results of a survey released Monday by the Nikkei, employees of Panasonic enjoy the best work environment in Japan. Panasonic moved up one spot from the same survey conducted in 2008, thu...
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Softbank outpaces DoCoMo, AU for new subscribers in August

Ken W. posted an article on - Sep 7, 2009, 8:51 am
Last month, we noted that in July, DoCoMo had ended Softbank’s 26 month run as the carrier enlisting the most new subscribers. That post questioned how long DoCoMo could stay at the top, and it ...
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Nikkei: 52% of Tokyoites shop with e-money

Ken W. posted an article on - Sep 2, 2009, 8:31 am
... which found that about 52% of Tokyo residents use e-money for shopping. With Suica, Edy, Nanaco and Pasmo cards ... (about 127 million). Of course, this means that there are many people not us...
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Construction orders down a record 44.9% in July

Ken W. posted an article on - Aug 27, 2009, 10:19 am
According to data released Thursday by the Japan Federation of Construction Contractors, construction orders received in July by its 49 member firms dropped a record 44.9% year-on-year to 593.2 billio...
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Mobile phone price wars set to commence?

Ken W. posted an article on - Aug 27, 2009, 8:04 am
Softbank has announced that starting next Tuesday, it will waive its 980 monthly fee for five months for all customers who switch from another carrier and sign up for the company’s popular White...
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Department stores, convenience stores see sales slide further in July

Ken W. posted an article on - Aug 25, 2009, 8:36 am
Japan’s department stores and convenience stores have little to feel positive about after July sales results rolled in. According to data released by the Japan Department Store Association, sale...
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DPJ President Yukio Hatoyama: Japan must shake off US-style globalization

Ken W. posted an article on - Aug 23, 2009, 8:47 am
A translation of an opinion piece entitled Japan must shake off US-style globalization by Democratic Party of Japan leader Yukio Hatoyama appears in this week’s edition of the Christian Science ...
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GDP up on government spending

Ken W. posted an article on - Aug 18, 2009, 9:29 am
Despite the 0.9% rise in GDP over the April-June quarter, there remain some skeptics worried about how strongly Japan will be able to recover from multiple quarters of negative growth. The Nikkei publ...
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Cabinet Office: Economy Watchers Survey up for seventh straight month in July

Ken W. posted an article on - Aug 10, 2009, 8:18 am
Earlier today, the Cabinet Office released the results of its monthly Economy Watchers Survey, and the results showed a 0.2 point increase to 42.4 points. The Economy Watchers survey is measured as ...
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DoCoMo led all mobile carriers in July new subscribers

Ken W. posted an article on - Aug 9, 2009, 8:37 am
As an update to last week’s article on quarterly losses at NTT, it was announced Friday that out of Japan’s mobile service providers, NTT DoCoMo gained the most new subscribers in July. P...
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Japan's public pension fund lost a record 10.17 trillion yen in fiscal 2008

Ken W. posted an article on - Aug 5, 2009, 10:17 am
In fiscal 2006 and 2007, Japan’s public pension system managed to log losses. In FY2007, the fund earned money on government bonds, but lost a whopping 7.5 trillion in in equities positions. The...
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A tale of two businesses: NTT and McDonald's release results

Ken W. posted an article on - Aug 5, 2009, 8:15 am
Earlier today, NTT announced that its net profit had fallen 20.5% in the first quarter (April-June) of 2010, to a total of about 139.6 billion yen. At the ame time, operating income fell 12.4% to 325....
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Ikea to cut prices in Japan: A furniture price war?

Ken W. posted an article on - Jul 27, 2009, 7:13 pm
Two months after rival furniture retailer Nitori’s announcement that it would cut prices on 400 items by 15 to 40 percent, Ikea announced on Monday that it plans to cut prices on 1,450 items by ...
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