708-Chaudhari Technical Institute, Gandhinagar - Gujarat ...
708-Chaudhari Technical Institute, Gandhinagar - Gujarat ... 708-Chaudhari Technical Institute, Gandhinagar - Gujarat ...
Overview of Industry, Trade & Commerce 1. Overview of Industry Trade Commerce Today, despite an overall stagnation on the economy for nearly two decades, Japan’s industries are still among the most highly advanced and innovative in the world. Japanese manufacturing products, particularly in electronics and automobiles, are the world leaders in both production and technological advancements in their respective fields. In 2010, Industry was responsible for 23 percent of Japan's GDP. Major industries are in Japan include motor vehicles, electronic equipment, machine tools, steel and nonferrous metals, ships, chemicals, textiles, and processed foods. Japan’s automobile industry produces the second largest amount of vehicles in the world behind China. However, Japanese automobile companies remain among the most valuable and technologically advanced in the world. Japan is home to six of the top twenty largest vehicle manufacturers in the world – Toyota (1st), Renault-Nissan (4th), Honda (8th), Suzuki (10th), Mazda (14th), Mitsubishi (16th). The automobile industry also managed to register a massive 10.5 percent growth in 2009, in spite of the global financial crisis. Japan is also the world’s largest electronics manufacturer with prominent companies such as Sony, Casio, Mitsubishi Electric, Panasonic, Canon, Fujitsu, Nikon, Yamaha etc. Japanese electronic products are renowned for their innovation and quality. Backed by its high-tech industries and companies, Japan had the 8th highest industrial production growth rate in the world for 2010 at 15.5 percent. Simultaneously, Japan’s industrial production growth rate was the highest among the G20 nations. Despite the historical significance of Japanese manufacturing, Services are the dominant component of the economy – contributing to 75.9 percent of the GDP in 2010. Major services in Japan include banking, insurance, retailing, transportation and telecommunications. 64
The Tokyo Stock Exchange is the third largest stock exchange in the world by market capitalisation – with a total market capitalization of US$3.8 trillion as of Dec 2010. Japan Post is also the world’s largest postal savings system, and quite possibly the world’s largest holder of personal savings – at present it holds about US$2.1 trillion of household assets in its savings account and US$1.2 trillion of household assets in its life insurance services. Agriculture’s contribution to Japan’s economy is fairly small when compared to Industry and Services. In 2010, Agriculture made up only 1.1 percent of the nation’s GDP. Although its contribution appears minute, agriculture is still a highly important component of Japan’s economy and society. Japan’s agricultural economy is highly subsidized and protected. Only 15 percent of Japanese land is suitable for agriculture, though any available land is highly cultivated. As such, Japan has one of the highest per hectare crops yields in the world. Though it has a small agriculture sector, Japan is selfsufficient in the production of rice and fish, but relies heavily on food imports such as wheat, corn, sorghum and soybeans from the US. The 2011 earthquake and tsunami were catastrophic for many of Japan’s industries. Services contracted by 6 percent since the disaster – with dampened consumer confidence and interruptions to the economy to blame. The five major industries that are expected to be the most affected by the crisis are the natural gas industry, the automobile industry, the semiconductor industry, the oil industry and the tourism industry. (1) 65
- Page 31 and 32: LANGUAGES Japanese, Chinese, Korean
- Page 33 and 34: HOUSEHOLD PATTERNS AGRICULTURAL AGE
- Page 35 and 36: The Japanese school year begins in
- Page 37 and 38: PESTAL ANALYSIS POLITICAL CULTURE O
- Page 39 and 40: merger of a number of smaller oppos
- Page 41 and 42: Japan Economy overview In the years
- Page 43 and 44: Economy: The Japanese economy is on
- Page 45 and 46: insurrection followed before the Me
- Page 47 and 48: • Ethnic Groups Japanese 98.5% Ko
- Page 49 and 50: JAPANESE CULTURE - CEREMONIES The J
- Page 51 and 52: Technology of Japan Electronics Ja
- Page 53 and 54: Educational Robots These robots are
- Page 55 and 56: • Environment of Japan Business
- Page 57 and 58: The Cultural Environment The Eleme
- Page 59 and 60: The Lunar Calendar in Japan (Table-
- Page 61 and 62: • The Japanese Judicial System o
- Page 63 and 64: A shareholder's liability shall be
- Page 65 and 66: • Registration of Establishment o
- Page 67 and 68: Penal Provisions • Person respons
- Page 69 and 70: Different Economic sector of Japan
- Page 71 and 72: 2. INTRODUCTION OF AGRICULTURE SECT
- Page 73 and 74: AGRICULTURE SECTOR GROWTH IN JAPAN
- Page 75 and 76: BANKING SECTOR INFLATION RATE IN JA
- Page 77 and 78: MANUFACTURING SECTOR GROWTH IN JAPA
- Page 79 and 80: HEALTH CARE SECTOR GDP IN JAPAN YEA
- Page 84 and 85: 2. TRADING SYSTEM OF JAPAN Japan’
- Page 86 and 87: NIEs (inc. Korea; Singapore; Hong K
- Page 88 and 89: 5. INDIA’S TRADE WITH JAPAN In 20
- Page 90 and 91: 7. JAPANESE FDI IN INDIA Following
- Page 92 and 93: long-term planning has been a major
- Page 94 and 95: 10 JAPAN EXPORT PROHIBITIONS Japane
- Page 96 and 97: Overview of Japan economy Japan's E
- Page 98 and 99: competition and boosting exports th
- Page 100 and 101: is rice. Resources of raw materials
- Page 102 and 103: GDP (purchasing power parity): $4.3
- Page 104 and 105: Stock of narrow money: $6.696 trill
- Page 106 and 107: 79.67 (2011 est.) 87.78 (2010 est.)
- Page 108 and 109: Ryukyu-shotō and Daitō Islands: O
- Page 110 and 111: Business overview of Japan & Intern
- Page 112 and 113: Japan trade with other countries (2
- Page 114 and 115: the 1970s, however, extraordinary t
- Page 116 and 117: Documentation for international tra
- Page 118 and 119: Name of company in Gujarat No Compa
- Page 120 and 121: Japanese Interested In Gujarat Japa
- Page 122 and 123: Japanese Companies Turnover In Guja
- Page 124 and 125: their own, the Japanese government
- Page 126 and 127: 1990s to 2010 The stop working of t
- Page 128 and 129: Key people Products Revenue Shinzo
- Page 130 and 131: strike, demanding among other thing
Overview of Industry, Trade & Commerce<br />
1. Overview of Industry Trade Commerce<br />
Today, despite an overall stagnation on the economy for nearly two decades,<br />
Japan’s industries are still among the most highly advanced and innovative in<br />
the world. Japanese manufacturing products, particularly in electronics and<br />
automobiles, are the world leaders in both production and technological<br />
advancements in their respective fields.<br />
In 2010, Industry was responsible for 23 percent of Japan's GDP. Major<br />
industries are in Japan include motor vehicles, electronic equipment, machine<br />
tools, steel and nonferrous metals, ships, chemicals, textiles, and processed<br />
foods.<br />
Japan’s automobile industry produces the second largest amount of vehicles<br />
in the world behind China. However, Japanese automobile companies remain<br />
among the most valuable and technologically advanced in the world. Japan is<br />
home to six of the top twenty largest vehicle manufacturers in the world –<br />
Toyota (1st), Renault-Nissan (4th), Honda (8th), Suzuki (10th), Mazda (14th),<br />
Mitsubishi (16th). The automobile industry also managed to register a<br />
massive 10.5 percent growth in 2009, in spite of the global financial crisis.<br />
Japan is also the world’s largest electronics manufacturer with prominent<br />
companies such as Sony, Casio, Mitsubishi Electric, Panasonic, Canon,<br />
Fujitsu, Nikon, Yamaha etc. Japanese electronic products are renowned for<br />
their innovation and quality. Backed by its high-tech industries and<br />
companies, Japan had the 8th highest industrial production growth rate in the<br />
world for 2010 at 15.5 percent. Simultaneously, Japan’s industrial production<br />
growth rate was the highest among the G20 nations.<br />
Despite the historical significance of Japanese manufacturing, Services are<br />
the dominant component of the economy – contributing to 75.9 percent of the<br />
GDP in 2010. Major services in Japan include banking, insurance, retailing,<br />
transportation and telecommunications.<br />
64