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Toshikata Amino Visiting Professor Kansai University of International Studies, Japan

Briefing on Japanese Economy and Business The Sixth Biennial International Business Institute For Community College Faculty May 17, 2005 8:15am to 9:00am. Toshikata Amino Visiting Professor Kansai University of International Studies, Japan. Current Status of Japanese Economy.

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Toshikata Amino Visiting Professor Kansai University of International Studies, Japan

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  1. Briefing on JapaneseEconomy and BusinessThe Sixth Biennial International Business Institute For Community College FacultyMay 17, 2005 8:15am to 9:00am Toshikata Amino Visiting Professor Kansai University of International Studies, Japan

  2. Current Status of Japanese Economy • Japan is now finally getting out of long sluggish economy since 1991、however not stable yet

  3. Japanese Government’s Official Economic Report, April ‘05 • Corporate profit is increasing and also investment is slowly increasing • Consumer expenditure is improving • Unemployment ratio is still a concern however we see a sign of improvement • Export is weak and domestic production is not increasing

  4. GDP Forecast for 2005 • 0.6% • (Past couple years – minus or zero%)

  5. History of Real GDP • Unit \100 Million or about $1 Million

  6. History of GNP

  7. Bankruptcies-Decreasing

  8. Relatively High Unemployment

  9. Impacts of Sluggish Economy to Household Savings and Debts of Salaried Workers’ Household

  10. Household Saving Ratio

  11. Strong Yen made Japanese Manufacturers difficult to export

  12. Overseas Investment

  13. Overseas Production Ratio

  14. For Example – Auto Industry • Export from Japan

  15. Overseas Production - Automobile

  16. Japan’s Problem-Aging • Japan is Fastest Aging Country

  17. Birth Rate is decreasing

  18. Life Expectancy – Higher and Higher!

  19. Population Forecast

  20. Distribution of Japanese Population

  21. Decreasing Labor Forces

  22. Foreign Labor Forces

  23. Social Security in danger

  24. Some Impacts - Examples • Beer Consumption

  25. Examples (Continued) • College Enrollment

  26. China Impacts • GDPTrade

  27. China Impact (Continued) • Real Economic Growth Rate

  28. China Impacts • China for Japan • 90th Low wage labor for manufacturing. Products for Japanese market Manufacturing bases for global market • 00th Huge potential market

  29. China Impacts (Continued) • China is becoming the most important trade partner

  30. China Impacts (Continued) • Trade Surplus with China Deficit

  31. More college students from China

  32. Interesting Social and Economical Phenomenon • Rapidly increasing number of mobile phones

  33. Internet Users

  34. (Continued) • Health conscious Japanese are not helping MacDonald Hamburger

  35. Land PriceCome to Tokyo, build your house

  36. Thank you for your listeninge-mail aminousjpn@aol.com

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