We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Published bySydney Harris
Modified over 3 years ago
1 © Copyright 2003 Kevin Newman – Investment in Japan: Realities & Opportunities Kevin Newman December 11, 2004
2 © Copyright 2003 Kevin Newman – Background Eight years in Japan Work with the Japanese Government –Hokkaido Governors Office (Sapporo – 72 Winter Olympics) –Ministry of Home Affairs (Tokyo) –Mainly responsible for organizing Japans local government international cooperation and exchange programs Graduate education focus on Economic Development Why Japan? Watched Japans economy leap forward with Plaza Accords (85) – doubling of Yen strength –Wanted to know Why? was Japan such a powerhouse –Same time as the book by James Abegglen – KAISHA – the Jpn Corporation: New Competitors in World Business Began researching - WAKON YOSAI (Japanese Spirit, Western Things) Developed Senior Thesis at UNC on Japan –Business – Govt Cooperation – Key to Japans Success? After arriving in Japan, fascinated by degree of Income Equality (low Gini Coefficient ) around JapanGini Coefficient
3 © Copyright 2003 Kevin Newman – Executive Summary Investment in Japan: Realities and Opportunities Opportunities – Fast growing market Key Success Factors Barriers Goals of Partnering and Alliances Resources for Case Study and Research
4 © Copyright 2003 Kevin Newman – Opportunities – USD $16.2 billion Medical Devices Market Greying of Japan Leading OECD countries Top national issue Medical devices 40% imported Natl Health Care expenditures 7.1% of GDP & rising Japan 2x spending of other OECD countries on pharma- ceuticals & drugs – 30%of total Worlds longest life expectancy –By 2015, 25.2% over 65! Source: Assisted Living Market – Fastest growing By 2025, 5.2 million people – bed-ridden or in nursing care Disabled health products – wheelchairs, medical kits – soaring Institutional nursing care services from USD $65.8 billion in 2000 to USD $85.56 in 2010 UK, German, and Nordic countries well established as foreign providers of health care products
5 © Copyright 2003 Kevin Newman – Key Success Factors – Partnering with / Investing in Japan Who Succeeds? GE Citibank IBM Proctor & Gamble Dupont Microsoft AFLAC Renault, BMW, Mercedes McDonalds Starbucks Coke 7-11 How Succeed? Understand Market Potential –Ex. 75,000 dentist – only 10% use dental implants Advertisement Strategy –Non-traditional avenues – partner with food products Product Innovation –Japanese have high willingness- to-pay index for innovation Language and Culture –Most Successful Companies become Japanese
6 © Copyright 2003 Kevin Newman – Whos already there – Since 2002 ? Medical Care Industry Alcon Japan Ltd. Switzerland Fresenius Medical Care Japan K.K. Germany Nippon Hexal Corporation Germany Widex Co., Ltd. Denmark PAREXEL International U.S KARL STORZ Endoscopy Japan K.K Germany Draeger Medical Japan Germany ELA Medical Inc. France Nobel Biocare Japan Sweden Haemonetics Corporation U.S Peter Brehm Japan Germany Becton Dickinson U.S
7 © Copyright 2003 Kevin Newman – National Health Care Breakdown of national healthcare expenses Note : Not including childbirth, health checkups, and other expenses not related to illness or injury Source : Ministry of Health, Labour and Welfare of Japan
8 © Copyright 2003 Kevin Newman – Barriers and Reasons for Failure Bureaucracy daunting Ministry of Health, Labor and Welfare –Pharmaceutical and Food Safety Division –Long waits for Applications and large amounts of paperwork –Require individual, case-by-case approvals, not batched like FDA PMDEC – Pharmaceuticals and Medical Devices Evaluation CenterCenter JFMDA – Japan Federation of Medical Devices Associations Antiquated health system – crumbling but protected Business Practices Rotating Presidents often – bad practice No focus on Supplier / Client relationships – mimic Keiretsu Not committed to localization of product Consumer / Client Education lacking Concerns IP protection Distribution Agreements International Patent Litigation Who controls product development How protect from consumer lawsuits?
9 © Copyright 2003 Kevin Newman – Goals of Partnering Explore Long-term Japanese Market Opportunities Learn about Domestic Market structure How to select partners for long-term Alliance or greenfield (AFLAC) Demographic Changes in Geriatri-fying of Asia – new needs –Ultrasound – CT technologies ( $4bl global mkt) Expand new products and services to 3 rd markets China India Entering emerging markets –Japanese partner has est. distribution networks Global scale for R&D
10 © Copyright 2003 Kevin Newman – FDI recognized as key for growth
11 © Copyright 2003 Kevin Newman – ACCJ – JETRO best objective resources
12 © Copyright 2003 Kevin Newman – Resources – Case Studies & Research Case Study Considerations (dated but informative) Research Options –Goo Best Domestic Search Engine –Yahoo! Japan Most powerful namebrand –Japan.co.jp Best for commercial research
13 © Copyright 2003 Kevin Newman – Where to visit In Tokyo : Akihabara Harajuku's Takeshita-dori on a Sunday Meiji Shrine (next to Takeshita-dori) Shinjuku 8am on any weekday morning Shibuya (anytime)
Critical Success Factors for the Korean Generic and API Industry in a post FTA Environment DAVID HARDING SEOUL JUNE 28-29, 2007.
Japan Medical Device Market Overview Ian Clements Office of Japan U.S. Department of Commerce April 10, 2008.
TABLE OF CONTENTS CHAPTER 1.0: Trends in the Overall Health Care Market Chart 1.1: Total National Health Expenditures, 1980 – 2005 Chart 1.2: Percent Change.
1 Health World Business Council for Sustainable Development Geneva, September 2007 Doing Business with the World - The new role of corporate leadership.
Economic growth, debt and inequality. GDP per capita (PPP) (US$) Source:
Jonathan Tan (16) Zheng Chengzhi (25) Edward Tan (17)
Doc. Ing. Tomáš Dudáš, PhD.. Quiz Global rank of the US economy according to GDP? GDP? GDP/c? Unemployment? Inflation? Largest US corporation? Chef of.
Intellectual Property Rights, Investment and Transfer of Technology in the Pharmaceutical Sector Patrizia Carlevaro Head of the International Aid Unit.
Overview Overview of Irish Economy Key Business Sectors Skills requirements.
RETAIL RUSSIA Conference > TOPICS: Why Russia? Market Entry Strategy Practical Advice - Russia Copyright © 2003 MarketOption, Inc. Presented by:With assistance.
Tazeem Pasha SelectUSA U.S. Department of Commerce Washington, DC Foreign Direct Investment in the United States 1SelectUSA.gov.
Long term growth, short term differentiation and profits from sustainable products and services A global survey of business executives.
Invest Sweden August 30, 2015 Presented by: Ann-SofieJonsson Invesment Advisor
Russias Image Among Foreign Investors Key findings from survey and focus group research conducted April – May 2007 by HART RESEARCH P e t e r D ASSOTESCIA.
Presentation of the Chinese Delegation on Its Proposal March 15 to 17, 2011 Moscow.
Briefing on Japanese Economy and Business The Sixth Biennial International Business Institute For Community College Faculty May 17, :15am to 9:00am.
Doc. Ing. Tomáš Dudáš, PhD.. US Economy – Basic Data Nominal GDP – 15,66 billion USD (2012 est.) GDP/c – USD (2012 est.) GDP by sectors – 1,2 %-19,1.
Business Unit or Product Name © 2007 IBM Corporation Almaden Research Center IBM Service Science Research Services-- The Next Major Frontier for Research.
Accounting 6570 International Accounting and Business.
Wien, June 28 Czech Republic – Ideal IT Partner Czech Republic : THE IT Partnership Destination Michal Zálešák President, CzechICT Alliance.
Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Chapter 1: Expanding Abroad Motivations, Means, and Mentalities.
Towards Science, Technology and Innovation2/10/2014 Sustainable Development Education, Research and Innovation Vision for Knowledge Economy Professor Maged.
NAFTA at 20 Years US Mexico Chamber of Commerce November 7, 2013 Animesh Ghoshal DePaul University.
Mark Kinsler VP, International Business Development Michigan Economic Development Corporation Foreign Direct Investment & Exports.
Copyright 1999 Prentice Hall 19-1 Chapter 19 The Global Marketplace PRINCIPLES OF MARKETING Eighth Edition Philip Kotler and Gary Armstrong.
MarketsandMarkets Presents Healthcare Information Exchange (HIE) Market worth $878 Million by 2018
The rich and the rest Annual income in $ $150,000 $300,000 $25,000 $10,000.
Ralph Mucerino Chief Distribution Officer Senior Vice President Global Commercial Insurance June 18, 2012 Strategies for Global Growth IIS 2012.
Page 1© Siemens Ltd All rights reserved Sustainability as an opportunity.
APCTT United Nations Asian and Pacific Centre for Transfer of Technology (APCTT)
LESSON 20 EXPLAINING SHORT-RUN ECONOMIC FLUCTUATIONS 20-1 HIGH SCHOOL ECONOMICS 3 RD EDITION © COUNCIL FOR ECONOMIC EDUCATION, NEW YORK, NY U.S. Real GDP.
Experian, 2007 China: Economic Powerhouse Matthew Sherwood Senior Global Economist Experian Business Strategies
You have a web site. How do you make money from it? Get lots of targeted traffic to it. How do you get this traffic? Marketing Social Media Search.
© Siemens AG, Corporate Technology, October 2006 Herzlich willkommen zum GI Fachgruppen Treffen Requirements Engineering.
NO RISKLOW RISKHIGH RISK Fixed Deposits Govt. Securities Bonds Mutual funds Invest in any Business through FRANCHISE Route Share Trading, STARTING.
Learning by Comparing: Experiences of Adults in Eleven Countries Findings from the Commonwealth Fund 2013 International Health Policy Survey and Health.
«About Japan » Webinar Series: Plastics Products & Components Silke BROMANN Dr. Silke Bromann Japan Consulting o 1.
MarketsandMarkets Presents Nasal sprays Market.
Part Two The Global Environment and Social and Ethical Responsibilities 5 Global Markets and International Marketing.
The Role of the Fiscal Policy in Poverty Reduction Youngsun Koh Korea Development Institute.
Stock markets in India Emerging Asia: This links with WJEC A2 Geography Theme India. 1.2 How and why is the economy changing ? Factors affecting the growth.
McGraw-Hill/Irwin © 2004 The McGraw-Hill Companies, Inc., All Rights Reserved.
Professor Song CHEN, Ph.D. Deputy Dean, School of Economics & Management Tongji University Oct. 7, 2013 The Changing National.
1 Doingbusiness in 2005 Removing Obstacles to Growth Simeon Djankov Joanna Kata-Blackman World Bank Group Reykjavik April 2005.
UNCTAD/CD-TFT 1 The Interface between IPRs, Foreign Investment and Technology Transfer Development Dimensions of Intellectual Property Rights Hanoi Foreign.
The Korean Education, Training and Skills Sector Prepared by the British Chamber of Commerce in Korea.
FOLLOW THE MONEY SOL TRUJILLO New America Alliance 11 th Annual Wall Street Summit New York City October 26-28, 2011.
Global Business. Drivers of Globalization Business Needs 1.Lower cost factors of production (labor, natural resources) 2.Larger market size to support.
© 2013 Institute for the Future for Rockefeller Foundation. All rights reserved. SR-1563B © 2013 Institute for the Future. All rights reserved. SR-1563B.
© 2017 SlidePlayer.com Inc. All rights reserved.