Japan is suffering from a severe labor shortage, with 50% of businesses operating without formal employees.

Japan is suffering from a severe labor shortage, with 50% of businesses operating without formal employees

Japan’s economy has recovered despite the new crown epidemic. This has exacerbated the labor shortage in non-manufacturing industries like catering and lodging. Judging from the proportion of companies that are understaffed, 50 % of companies lack formal employees, and nearly 30 % of companies lack informal employees, the highest proportions after the outbreak. The rise …

Japan is suffering from a severe labor shortage, with 50% of businesses operating without formal employees Read More »

President Roma discusses the power semiconductors industry in Japan as well as the power industry in China

President Roma discusses the power semiconductors industry in Japan as well as the power industry in China

Pure electric vehicle energy efficiency is determined by “power semiconductors” (EVs). Japanese companies’ presence in the semiconductor industry is waning, but they have a 30% global share in power semiconductors. The Nihon Keizai Shimbun interviewed ROHM’s president, Ko Matsumoto, about countermeasures against fierce competition. Japanese companies excel in power semiconductors. Matsumoto: Semiconductor microfabrication technology has …

President Roma discusses the power semiconductors industry in Japan as well as the power industry in China Read More »

Chinese home appliances are becoming more prevalent in Japan, and brand power is on the rise.

Chinese home appliances are becoming more prevalent in Japan, and brand power is on the rise

Chinese appliance manufacturers are increasing in Japan. Hisense Group opened an R&D center in Japan and began selling its own products. In Japan, Chinese home appliances used to focus only on low prices, but now they manufacture products for young people who are relatively weak in Japanese manufacturers, thus opening a hole in the monopoly …

Chinese home appliances are becoming more prevalent in Japan, and brand power is on the rise Read More »

American stock prices may be subject to wild swings, says analyst Allen Sinai.

American stock prices may be subject to wild swings, says analyst Allen Sinai.

Several national central banks, including those of the United States, the United Kingdom, Japan, and other countries, have taken turns convening meetings at which decisions are made. The Bank of Japan decided to maintain its monetary policy of easy money, in contrast to the United Kingdom and the United States, which decided to increase their …

American stock prices may be subject to wild swings, says analyst Allen Sinai. Read More »

When it comes to global semiconductor shipments, we finally see a decline after 32 consecutive months of growth.

When it comes to global semiconductor shipments, we finally see a decline after 32 consecutive months of growth.

The market for semiconductors has obviously come to a grinding halt. For the first time in 32 months, global shipments in July were lower than they were in the same month a year earlier. This information was revealed by the World Semiconductor Trade Statistics Organization (WSTS), which is comprised of many of the world’s largest …

When it comes to global semiconductor shipments, we finally see a decline after 32 consecutive months of growth. Read More »

There is a critical shortage of workers in Japan; half of all businesses have trouble finding regular employees.

There is a critical shortage of workers in Japan; half of all businesses have trouble finding regular employees.

Japan’s economic activities have continued to recover despite the ongoing spread of the new crown epidemic. As a result of this circumstance, the labor shortage that has been plaguing businesses, particularly those in non-manufacturing sectors like the hospitality and food service industries, has become even more severe. The percentage of businesses that are understaffed has …

There is a critical shortage of workers in Japan; half of all businesses have trouble finding regular employees. Read More »

Japan's GDP will be boosted by 0.7% if tourism returns to pre-pandemic levels.

Japan’s GDP will be boosted by 0.7% if tourism returns to pre-pandemic levels.

It is likely that the Japanese economy, which is at risk of slowing down, will benefit from the new crown epidemic’s relaxation of port management requirements. Globally, the number of tourists from other countries has returned to half of what it was before the pandemic, and some estimates suggest that Japan’s gross domestic product (GDP) …

Japan’s GDP will be boosted by 0.7% if tourism returns to pre-pandemic levels. Read More »

We hear from President Roma about power semiconductors from Japan and China.

We hear from President Roma about power semiconductors from Japan and China.

The efficiency with which pure electric vehicles save energy is directly proportional to the “power semiconductors” that are used to regulate electric power (EVs). In the industry of semiconductors, Japanese companies are becoming less prevalent, but in the field of power semiconductors, Japanese companies hold a global share of the market that is equal to …

We hear from President Roma about power semiconductors from Japan and China. Read More »

It is also challenging to restore trust in Japan's intervention in the devaluation of the yen.

It is also challenging to restore trust in Japan’s intervention in the devaluation of the yen.

Because the government of Japan and the Bank of Japan (the country’s central bank) intervened in the currency market by buying yen and selling dollars, Japan’s currency defense has entered a new phase. However, Japan’s historically low interest rates have remained unchanged, and the movement of individual funds into assets located outside of Japan has …

It is also challenging to restore trust in Japan’s intervention in the devaluation of the yen. Read More »