Business

Policy Radar October 2019

The current extraordinary session is to last until December 9th, running for 67 days. While the focus has remained in preparations for the Emperor’s enthronement ceremony and the damages caused by the typhoon, the Diet started its session with the PM’s calls to advance a social welfare system that will provide security to all generations — from young children to the old. The Government will submit legislation dealing with reforms to corporate laws, the ratification of the U.S trade deal, and an amendment to the National Strategic Special Zone Law to create “super cities”. The ruling parties will push forward for amendment to the referendum law, echoing the Government’s wish to push for serious parliamentary debate over constitutional revision. Due to the opposition parties boycotting talks on constitutional revision, there was an appeal for the Prime Minister to call for a snap election, now seen unlikely by both Komeito and LDP lawmakers in order to take care of supplementary budget allocations for the reconstruction efforts in typhoon damaged-areas.

Why Hiring the Right Country Manager is Essential — Especially in Japan

Different countries do it differently: the British have a rather long-term view of sending an executive from the home office to Japan. They usually stick with their own countrymen, to establish a presence and eventually be rotated in and out. The Americans and Australians are more egalitarian, and are open to hiring locally. Eventually, there is a push to transition to the local market to save on costs. This often results in a breakdown in communication, but even more so if the executive is not the right fit for the team (“team” here meaning the entire executive team: HQ & Japan).

How to not end up like Carlos Ghosn

How to Not End Up Like Carlos Ghosn

Nissan is witnessing a fallout following the aftermath of the Ghosn scandal and is still scrambling to recover. Annual operating sales are at a decade-long low and consumers continue to lose confidence in the automaker as further issues unravel. Ghosn’s successor, Hiroto Saikawa has yet to announce a plan on how to turn things around and seems to be in over his head. The partnership with Renault will continue on, but only because of the nature of their symbiotic relationship. Trust between the two entities is at an all-time low, while tensions are at an all-time high.

Labor Law Update 4.1

Labor Law Reform

As of April 1st, Japanese labor laws have changed. In 2018, Japan passed “The Work Style Reform Bill”. This Bill (now Law) amends eight laws (including the Labor Standards Act (LSA)) and the Industrial Safety and Health Act (ISHA). Prime Minister Abe has been pushing hard to address the job shortage concerns (i.e. immigration law …

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Know Your Rights - Understanding Japan’s Labor Laws

Know Your Rights – Understanding Japan’s Labor Laws

Japan’s labor laws are vastly different from other countries. Unlike places like the U.S. where employees are sometimes famously fired at-will and without cause, Japan’s laws are designed to protect the employees, making it very difficult for a company to fire an employee without cause and ample amounts of evidence. In order to determine your …

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Corporate Crisis Management - Brand 2020

Corporate Crisis Management – Brand 2020

How do international corporations deal with inept or under-performing Japanese subsidiaries? What do you do if a rogue CEO is embezzling funds from the company? In Japan, there are unique challenges in the business environment that require qualified professionals to swiftly and decisively take action when trouble arises. Join Timothy Langley, and David Russell, as …

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Innovation & Entrepreneurship In Japan - Brand 2020

Innovation & Entrepreneurship in Japan – Brand 2020

Japan has seen a resurgence of enthusiasm in its startup community over the past few years. As venture capital becomes more readily available, entrepreneurs are vying for position in the Japanese market. Join David Russell and host/founder of the Disrupting Japan Podcast, Tim Romero, as they discuss the state and direction of innovation and entrepreneurship …

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Keiretsu: Why Foreign Companies Struggle In Japan

Keiretsu: Why Foreign Companies Struggle in Japan

In Japan, if you’re working with one company, you’re working with many others. Should one company fall on harder times, then all the others contribute to make up for lost sales—acting very much like a family. We call these units “Keiretsu”, and they run the Japanese economy. Join David and Timothy as they dissect what …

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Incorporation

Incorporating a company in Japan can be intimidating, but Langley Esquire is equipped to guide you through this process with ease. We have helped countless companies set up shop in Japan, locate office space, identify and hire local employees, establish concrete work rules, and obtain essential services—accounting, insurance, legal, etc.—to get their business up and …

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