Critics disagree if the Japanese government’s Abenomics initiative has been successful so far, or will be in the future. Yet the number of bankruptcy cases filed with court has decreased steadily since 2010, showing a remarkable decline since the initiative’s launch three years ago. In fact, the number of cases filed in May this year was the lowest figure since […]
If your products are not selling as planned, do you ask longstanding suppliers to accept returns? Or, if you are offering discounts, do you have them bear some portion? These are just two examples of considerations you may have if your bargaining position against your suppliers is very strong. And you wouldn’t be alone. In fact, not a few companies […]
Many people in Japan call life-time employment, seniority-based employment and company unions the Three Sacred Treasures of Japanese-style management. But in reality, these treasures have increasingly become things of the past. Companies now adopt various patterns to employ people in Japan. Statistics of the Ministry of Health, Labour and Welfare (MHLW) show that while the share of limited-term employees was […]
