BizCast Japan #12: Tourism, Part-Time Workers, Blu-Ray, Panasonic, Seiyu, Japan Air Lines and Wheat Prices

Filed under: Trans-Pacific Radio, BizCast Japan
Posted by Ken Worsley at 10:38 pm on Sunday, February 17, 2008

Welcome to the twelfth edition of BizCast Japan. In this edition of the program, co-hosts Albrecht Stahmer and Ken Worsley start off by discussing tourism to Japan. In 2007, Japan saw a record 8.3 million international tourists. This figure has been increasing each year, and the discussion focuses on what Japan is doing to attract more tourists, as well as the reasons why Japan still draws fewer tourists per year than regional rivals such as Singapore.

From there, the discussion moves to a new plan that the Ministry of Health, Labor and Welfare has proposed that would provide subsidies to companies that switch part-time workers to full-time workers. The government is working towards having more workers enrolled in the national pension system, and the reasons why this particular plan will not work are discussed.

After that, Panasonic, Sony, and Blu-Ray are discussed. With Wal-Mart announcing plans to stock Blu-Ray and not rival HD DVD players, the battle between Blu-Ray and HD DVD effectively seems to be over. In fact, just hours after this show was recorded, Toshiba announced that it would give up on HD DVD development.

The next part of the show focuses on capital injections. Wal-Mart, Seiyu and JAL are discussed, and Wal-Mart’s plans for Seiyu are put under the spotlight. Finally, the show ends with a discussion on increasing wheat prices. The Ministry of Agriculture is set to raise prices on imported wheat by 30%, and the consequences of this decisions are examined.

As always, thank you for listening. We hope to be back with our next release very soon!

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February 18, 2008 @ 12:12 am

[…] This is just a quick announcement that BizCast Japan #12 has been released over at Trans-Pacific Radio. In this edition of the show, Albrecht Stahmer and I discuss Japan’s tourism industry, the government’s attempt to subsidize the conversion of part-time workers to full-time status, Blu-Ray, Panasonic, Seiyu, capital injections at Japan Air Lines and increasing wheat prices. […]

Comment by Nitpicker

February 19, 2008 @ 8:56 pm

Like many, your spellong of Labour is wrong.
Check it out: http://www.mhlw.go.jp/

Comment by Ken Worsley

February 19, 2008 @ 11:33 pm

I actually used to always spell it that way to be ‘correct’ but haven’t been recently. Good to see that people pay attention to details!

Comment by Nitpicker

February 20, 2008 @ 11:23 am

Ken, Don’t you find it interesting that they chose the British spelling with all the connotations of British Socialism?

Comment by Ken Worsley

February 20, 2008 @ 3:04 pm

Not particularly.

Comment by Mark A

February 22, 2008 @ 5:19 pm

Nice show, with a good variety of topics. Your new format works well, I think.

Too bad the shameful taxpayer bailout request as a result of wanton mismanagement (surprise, surprise) at Shinginko Tokyo came too late for this edition. Maybe you can roast Ishihara in a future edition.

Comment by Ken Worsley

February 22, 2008 @ 7:06 pm

Yes, Mark, you’re right…trouble’s been brewing there for some time, but it’s getting to be a political liability now…though there’s no way Ishihara is going to run again (right?)

At any rate, it looks like the scapegoating is already starting…

Comment by Kenta

April 21, 2008 @ 9:41 pm

I think Japan have to appeal differences from Singapore, China or other popular countries in Asia, because it seems Westerners don’t distinguish Japan from other Asian countries.
Then, I guess more foreigners must be interested in Japanese sophisticated culture or some other good point.

Kenta Kato
Current Affairs

Comment by Sawa

April 25, 2008 @ 1:58 am

I think the rise of wheat prices hit the family budget directly. So, many people have to cut down on their living expenses, especially the fatherless familys and the pensioners are worried about this rise. In my point, the government must concider a plan to support them immediately.

Sawa Matsumoto
Current Affairs

Comment by Ken Worsley

April 25, 2008 @ 2:05 am

Sawa, interesting points. But, what should the government actually do, in your opinion? Last year, the Japanese government destroyed 1,400 tons of wheat in order to keep the price up. The Ministry of Agriculture controls import prices; firms cannot import wheat directly on their own. We also see the government manipulating rice prices - Japan is one of the only nations where rice prices are actively being prevented from falling. Without government intervention, Japanese rice would be cheaper for everyone. The government’s agenda seems very out of line with what you’re suggesting.

Wouldn’t the government’s best move be to allow a free market to develop?

Comment by Mami

April 29, 2008 @ 2:22 pm

Now,in the world,lack of some resources and food is standing out. Of course in Japan,some companies thinks this problem seriously and try to innovate under this situation. Surely it’s important to increase their companies revenue but to produce safe and high quality goods is the most important basis.
I hope Japanese progressive companies are estimated their abilities in the world.

Mami Murata
Current Affairs

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