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Multinational Companies from Japan

Author: Robert Fitzgerald

Publisher: Routledge

Published: 2017-10-02

Total Pages: 384

ISBN-13: 131736841X

Since the bursting of Japan’s bubble economy, from 1990 onwards, its multinational companies (MNCs) have faced new competitive challenges, and questions about the management practices on which they had built their initial success in global markets. Japanese engagement in the international economy has undergone a number of phases. Historically, Japanese MNCs learnt from foreign companies, frequently through strategic alliances. After the post-war ‘economic miracle’, Japanese manufacturers in particular converted themselves into MNCs, transferred their home-grown capabilities to overseas subsidiaries, and made an impact on the world economy. But the period after 1990 marked declining Japanese competitiveness, and asked questions about the ability of Japanese MNCs to be more responsive and global in their strategies, organization, and capabilities. It has been argued that the established management practices of Japanese MNCs inhibited adaptation to recent demands of global competition. This volume presents new case evidence on how Japanese MNCs have responded to the new challenges of the global market place, and it provides examples of how they have transformed strategies and competitive capabilities. This book was originally published as a special issue of Asia Pacific Business Review.

The Business Reinvention of Japan

Author: Ulrike Schaede

Publisher: Stanford University Press

Published: 2020-06-16

Total Pages: 353

ISBN-13: 1503612368

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After two decades of reinvention, Japanese companies are re-emerging as major players in the new digital economy. They have responded to the rise of China and new global competition by moving upstream into critical deep-tech inputs and advanced materials and components. This new "aggregate niche strategy" has made Japan the technology anchor for many global supply chains. Although the end products do not carry a "Japan Inside" label, Japan plays a pivotal role in our everyday lives across many critical industries. This book is an in-depth exploration of current Japanese business strategies that make Japan the world's third-largest economy and an economic leader in Asia. To accomplish their reinvention, Japan's largest companies are building new processes of breakthrough innovation. Central to this book is how they are addressing the necessary changes in organizational design, internal management processes, employment, and corporate governance. Because Japan values social stability and economic equality, this reinvention is happening slowly and methodically, and has gone largely unnoticed by Western observers. Yet, Japan's more balanced model of "caring capitalism" is both competitive and transformative, and more socially responsible than the unbridled growth approach of the United States.

Japanese Multinationals in Asia

Author: Dennis J. Encarnation

Publisher: Oxford University Press

Published: 1999-11-25

Total Pages: 303

ISBN-13: 0195353013

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This collection explores the expansion of Japanese multinational firms into Asia, a process which paralleled the region's growth as a major economic region. The contributors discuss a wide range of topics, including the reasons for moving manufacturing to other countries, the flow of trade between Japan and these countries, technology transfer within firms, the impact of Japanese management practices in other Asian countries, and competition between Japanese and American firms in Asia.

Japanese Firms in Contemporary Singapore

Author: Hiroshi Shimizu

Publisher: NUS Press

Published: 2008

Total Pages: 308

ISBN-13: 9789971693848

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This pioneering work discusses the role of Japan in the economic development of Singapore since 1965 by looking at the nature and extent of the value-added activities of Japanese multinational corporations (MNCs) in the manufacturing, construction, and retailing sectors. Japan's economic presence and influence were very strong in Singapore during this period. The city-state was a major recipient of Japanese foreign direct investment in Asia, and was also an important overseas customer for Japanese manufacturing and construction firms. In this book, Hiroshi Shimizu examines the value-added activities of Japanese multinational corporations in Singapore, drawing on case studies of leading companies such as Minebea, Pokka Corporation, Kikkoman, Bridgestone, and Isetan. He uses this information to analyse Japanese foreign direct investment in Singapore as part of an Asian or global strategy, explaining competition and co-operation between Japanese MNCs and local firms, and evaluating various factors that led to a decline of Japan and the rise in the importance of China in Singapore, particularly since the late 1990s.

American Multinationals and Japan

Author: Mark Mason

Publisher: Harvard Univ Asia Center

Published: 1992

Total Pages: 412

ISBN-13: 9780674026308

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Drawing on rich historical materials from both sides of the Pacific, including corporate records and government documents never before made public, Mason examines the development of both Japanese policy towards foreign investment and the strategic responses of American corporations.

Banking on Multinationals

Author: Mireya Solis

Publisher: Stanford University Press

Published: 2004

Total Pages: 308

ISBN-13: 9780804748872

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Banking on Multinationals is a study of Japan's world lead in publicly financing the expansion of multinational corporations in order to help sunset industries cope with loss of international competitiveness through offshore manufacturing.

Regionalism and Rivalry

Author: Jeffrey A. Frankel

Publisher: University of Chicago Press

Published: 2007-12-01

Total Pages: 486

ISBN-13: 0226260240

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As Japan's newfound economic power leads to increased political power, there is concern that Japan may be turning East Asia into a regional economic bloc to rival the U.S. and Europe. In Regionalism and Rivalry, leading economists and political scientists address this concern by looking at three central questions: Is Japan forming a trading bloc in Pacific Asia? Does Japan use foreign direct investment in Southeast Asia to achieve national goals? Does Japan possess the leadership qualities necessary for a nation assuming greater political responsibility in international affairs? The authors contend that although intraregional trade in East Asia is growing rapidly, a trade bloc is not necessarily forming. They show that the trade increase can be explained entirely by factors independent of discriminatory trading arrangements, such as the rapid growth of East Asian economies. Other chapters look in detail at cases of Japanese direct investment in Southeast Asia and find little evidence of attempts by Japan to use the power of its multinational corporations for political purposes. A third group of papers attempt to gauge Japan's leadership characteristics. They focus on Japan's "technology ideology," its contributions to international public goods, international monetary cooperation, and economic liberalization in East Asia.

The Oxford Handbook of Asian Business Systems

Author: Michael A. Witt

Publisher: Oxford University Press, USA

Published: 2014

Total Pages: 754

ISBN-13: 0199654921

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The Handbook explores institutional variations across the political economies of different societies within Asia. It includes empirical analysis of 13 major Asian business systems between India and Japan, and examines these in a comparative, historical, and theoretical context.