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Japanese Public Corporations
Although the Japanese economy is largely based on private enterprise, it has a number of government-owned (public) corporations, which are more extensive and, in some cases, different in function from what exists in the United States. History In 1988 there were ninety-seven public corporations, reduced from 111 in the early 1980s as a result of administrative reforms. Public companies at the national level were normally affiliated with one of the economic ministries, although the extent of direct management and supervision varied. The government divided the national-level corporations into several categories. The first included the main public service and monopoly corporations: Nippon Telegraph and Telephone Public Corporation, Japanese National Railways, and Japan Tobacco and Salt Public Corporation (now Japan Tobacco). However, Nippon Telegraph and Telephone Corporation was privatized in 1985, and the Japanese National Railways in 1987, and Japan Tobacco and Salt Corporation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Japan
The economy of Japan is a highly developed social market economy, often referred to as an East Asian model. It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity (PPP). It is the world's second-largest developed economy. Japan is a member of both the G7 and G20. According to the World Bank, the country's per capita GDP (PPP) was at $40,193 (2020). Due to a volatile currency exchange rate, Japan's GDP as measured in dollars fluctuates sharply. Accounting for these fluctuations through the use of the Atlas method, Japan is estimated to have a GDP per capita around $39,048. The Japanese economy is forecast by the Quarterly Tankan survey of business sentiment conducted by the Bank of Japan. The Nikkei 225 presents the monthly report of top blue chip equities on the Japan Exchange Group, which is the world's fifth-largest stock exchange by market capitalisation. In 2018, Japan was the world's fourth-largest importer and the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Economy, Trade And Industry (Japan)
The or METI, is a ministry of the Government of Japan. It was created by the 2001 Central Government Reform when the Ministry of International Trade and Industry (MITI) merged with agencies from other ministries related to economic activities, such as the Economic Planning Agency. METI has jurisdiction over a broad policy area, containing Japan's industrial/trade policies, energy security, control of arms exports, "Cool Japan", etc. The Ministry has its headquarters in Kasumigaseki, Chiyoda Ward, Tokyo. Its current head is Yasutoshi Nishimura, who was appointed minister by Prime Minister Fumio Kishida in August 2022. Overview The mission stipulated in Article 3 of the Act for the Establishment of the Ministry of Economy, Trade and Industry (Act No. 99 of 1999) is to "enhance the economic vitality of the private sector and develop economic and industrial development centered on the smooth development of foreign economic relations, as well as the stable and efficient devel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nippon Telegraph And Telephone
, commonly known as NTT, is a Japanese telecommunications company headquartered in Tokyo, Japan. Ranked 55th in ''Fortune'' Global 500, NTT is the fourth largest telecommunications company in the world in terms of revenue, as well as the third largest publicly traded company in Japan after Toyota and Sony, as of June 2022. The company is incorporated pursuant to the NTT Law (). The purpose of the company defined by the law is to own all the shares issued by Nippon Telegraph and Telephone East Corporation (NTT East) and Nippon Telegraph and Telephone West Corporation (NTT West) and to ensure proper and stable provision of telecommunications services all over Japan including remote rural areas by these companies as well as to conduct research relating to the telecommunications technologies that will form the foundation for telecommunications. On 1 July 2019, NTT Corporation launched NTT Ltd., an $11 billion de facto holding company business consisting of 28 brands from across NTT ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japanese National Railways
The abbreviated JNR or , was the business entity that operated Japan's national railway network from 1949 to 1987. Network Railways As of June 1, 1949, the date of establishment of JNR, it operated of narrow gauge () railways in all 46 prefectures of Japan. This figure expanded to in 1981 (excluding Shinkansen), but later reduced to as of March 31, 1987, the last day of JNR. JNR operated both passenger and freight services. Shinkansen Shinkansen, the world's first high-speed railway was debuted by JNR in 1964. By the end of JNR in 1987, four lines were constructed: ; Tōkaidō Shinkansen: , completed in 1964 ; Sanyō Shinkansen: , completed in 1975 ; Tōhoku Shinkansen: , as of 1987 ; Jōetsu Shinkansen: , completed in 1982 Buses JNR operated bus lines as feeders, supplements or substitutions of railways. Unlike railway operation, JNR Bus was not superior to other local bus operators. The JR Bus companies are the successors of the bus operation of JNR. Ships JNR ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japan Tobacco And Salt Public Corporation
Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north toward the East China Sea, Philippine Sea, and Taiwan in the south. Japan is a part of the Ring of Fire, and spans an archipelago of 6852 islands covering ; the five main islands are Hokkaido, Honshu (the "mainland"), Shikoku, Kyushu, and Okinawa. Tokyo is the nation's capital and largest city, followed by Yokohama, Osaka, Nagoya, Sapporo, Fukuoka, Kobe, and Kyoto. Japan is the eleventh most populous country in the world, as well as one of the most densely populated and urbanized. About three-fourths of the country's terrain is mountainous, concentrating its population of 123.2 million on narrow coastal plains. Japan is divided into 47 administrative prefectures and eight traditional regions. The Greater Tokyo Area is the mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japan Tobacco
Hepburn: ''Nippon Senbai Kōsha'' , type = 1985-: Public (''kabushiki gaisha'') 1949-1985: Statutory corporation , traded_as = , industry = FoodTobacco , foundation = 1898 (as Imperial Japanese Tobacco Company)1 June 1949 (as Japan Tobacco and Salt Public Corporation)1 April 1985 (privatized) , founder = Government of Japan , location_city = 2-1, Toranomon, Minato, Tokyo, Japan , key_people = Mitsuomi Koizumi(President and CEO)Hiroshi Kimura(Chairman) , products = See below , revenue = (2012) , operating_income = (2012) , net_income = (2012) , assets = (2012) , equity = (2012) , num_employees = 48,529 (2011) , parent = Government of Japan (33.35% by law) , subsid = Japan Tobacco InternationalPT Karya Dibya Mahardhika (Indonesia) Mighty Corporation (Philippines)Donskoy Tabak Companies (Russian)Gallaher Group , homepage www.JT.com , abbreviated JT, is a cigarette manufacturing company. It is part of the Nikkei 225 and TOPIX Large70 indices. In 2009 t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japan Post
was a Japanese statutory corporation that existed from 2003 to 2007, offering postal and package delivery services, banking services, and life insurance. It's the nation's largest employer, with over 400,000 employees, and runs 24,700 post offices throughout Japan. One third of all Japanese government employees work for Japan Post. As of 2005, the President of the company was Masaharu Ikuta, formerly Chairman of Mitsui O.S.K. Lines Ltd. Japan Post ran the world's largest postal savings system and is often said to be the largest holder of personal savings in the world: with ¥224 trillion ($2.1 trillion) of household assets in its ''yū-cho'' savings accounts, and ¥126 trillion ($1.2 trillion) of household assets in its ''kampo'' life insurance services; its holdings account for 25 percent of household assets in Japan. Japan Post also holds about ¥140 trillion (one fifth) of the Japanese national debt in the form of government bonds. On October 1, 2007, Japan Post wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japanese Politics
Politics of Japan are conducted in a framework of a dominant-party bicameral parliamentary constitutional monarchy, in which the Emperor is the head of state and the Prime Minister is the head of government and the head of the Cabinet, which directs the executive branch. Legislative power is vested in the National Diet, which consists of the House of Representatives and the House of Councillors. The House of Representatives has eighteen standing committees ranging in size from 20 to 50 members and The House of Councillors has sixteen ranging from 10 to 45 members. Judicial power is vested in the Supreme Court and lower courts, and sovereignty is vested in by the 1947 Constitution, which was written during the Occupation of Japan primarily by American officials and had replaced the previous Meiji Constitution. Japan is considered a constitutional monarchy with a system of civil law. Politics in Japan in the post-war period has largely been dominated by the ruling Liberal D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japan Development Bank
is a Japanese development bank incorporated on 1 October 2008 under the Development Bank of Japan Inc. Law (Law No. 85 of 2007). Current ownership structure of DBJ is solely owned by the Government of Japan through the Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " .... Overview The Bank provides integrated investment and loan services to domestic and international clients. A large number of the clients are Japanese companies requiring basic investments. DBJ provides most of them at low and flexible interest rates, and so the default rate is very low. History * 1947 January: Establishment of Rehabilitation Finance Corporation * 1951 April: Development Bank of Law established. Consequently, Development Bank of Japan was formed * 1956 June: Hokkaidō-Tōh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amakudari
In politics, a revolving door is a situation in which personnel move between roles as legislators and regulators, on one hand, and members of the industries affected by the legislation and regulation, on the other, analogous to the movement of people in a physical revolving door.It also includes the movement of government personnel into lobbying firms working for these industries, and vice versa. In some cases, the roles are performed in sequence, but in certain circumstances they may be performed at the same time. Political analysts claim that an unhealthy relationship can develop between the private sector and government, based on the granting of reciprocated privileges to the detriment of the nation, and can lead to regulatory capture. The term has also been used in a different context, to refer to the constant switching and ousting of political leaders from offices such as in Australia (which changed Prime Ministers 6 times from 2007-2018) and Japan. Overview Previous wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of Japan
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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