kaminarikeizai comments

Posted in: Lehman declares bankruptcy; Bank of America buys Merrill Lynch See in context

Success has many fathers, but failure is an orphan. In last 15-20 years banking firms were trying to make big profit, but they failed. There marketing way was totally wrong. First force a customer for housing loan without knowing that his/her jobs may ship to cheap labor countries. Once a person lost his/her job, who will pay back his/her loan.

Blindly investing in real estate. No proper investigation at the time of domestic and overseas deals. Lehman is a very small example.

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Posted in: Obama, McCain blame economic woes on greed, policy See in context

Blame game.

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Posted in: Fast Retailing to open Uniqlo clothing stores in Russia, India See in context

UNIQLO failed in U.K. Now it will fail in Russia and India. In these two markets rich people like to buy international brand such as Lee, Levis, Diesel, Wrangler, etc. It’s too bad for India also as Uniqlo creates unnecessary competition in India, where many local manufactures may suffer with this new brand.

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Posted in: Japan struggling to fight shortage of skilled engineers See in context

OgieDoggie I agree with you. Even many of these IT engineers are not real IT engineers. They are just JLTP 3 or 4 with 6 months Diploma in IT. These people you can find in all major banks in Japan. Many of them are dispatched to Japan without any insurance cover. These people are victim of haken Companies. Funny thing, many of them never paid any TAX to government even they live and work in Japan more than 1 year and Japan is also not taking this problem seriously.

I admire these people and their living style, when they cooked and ate food with their community. These people are saving a lot in Japan even more than a Japanese person. We can learn it from these people. All major IT companies in the world hiring these cheap engineers. God help these people, as these cheap engineers are not getting right salary. No body can help American and Japanese IT engineers until government stop or ban outsourcing. Big MNC thinks only its profit.

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Posted in: Japan struggling to fight shortage of skilled engineers See in context

Many foreign engineers came in the past to fill this shortage. Now many of them are going back to their home countries. Japan has no plan how to create more skilled engineers in its homeland. Some foreign engineers are doing labor work in the Japanese factories even they are skilled engineers. Japanese institutes only teach MS-office or Operating System in many skilled up program. I found a Japanese student spend 200,000 Yen to learn just “Hello World” Program in Java language in Aichi. After this short-term course he can’t be a programmer. There is no guarantee that you will get a job after spending huge money. Due to cost factor Indian or Chinese IT experts get these jobs in Japan. These overseas IT experts spend hardly 50,000 Yen to be a programmer and 500 yen to get all pirated software at their homeland. So they can brush up their skill free of cost. This is a small example. That’s why young Japanese can not be an IT engineer. They drop out of high school each year.

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Posted in: Seiyu cuts flyer distribution to once a week See in context

I checks at least 5-10 chirashi before going to the market. Wal-Mart is repeating same old mistake. Anyway Wal-Mart has it’s own way of marketing. Chirashi is not bad for the environment as some readers wrote above. It’s saving time and energy of a consumer. I can’t waste petrol and time to check prices in Seiyu, than Apple Land, than Beisia, than Watahan, and so on. I only go to a store, which chirashi is offering a low price.

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Posted in: Bridgestone profit down 30% in fiscal 1st half See in context

We are all facing problems with high raw material costs. Need to increase sales in Indo-Chinese market. No need to invest more money in these two markets but try to double your sales with the current resources.

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Posted in: Japan Post opens 1st directly run convenience store See in context

Bad idea. It will create some more competition in between convenience stores. This is cost cut era. Tradional business housese don’t need to do different business.

Instead of running a convenience store, Japan Post should open a fast export facility for the small Japanese farmers, it may help to Japanese economy as well as agriculuter of Japan. Many small Japanese farmers don’t know how to export their product (10kg to 200kg).

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Posted in: Toyota to build hybrid Prius in U.S. for 1st time See in context

Anyway Toyota is just an assembler. It’s not a big problem for Toyota to assemble a car in U.S. with the parts from the cheap outsourcing.

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