Truly “Under Control?”
2020 Olympics in Japan
Mar. 2011
Fukushima Daiichi nuclear disaster
Feb. 2014
Additional leaks at Fukushima nuclear plant
X
O
immediate health threat, high rates of cancer in Japan.
1
/
2
/
Imports and Exports
3
/
Implication for Business
National Brand Image of Japan
& Domestic Markets
Impacts on National Image of Japan
1.
Decline Brand Finance
Nation Brand
2010- 3rd
↓ -25.9%
2011- 4th
↓
2012-4th
↓ -11%
2013-5th
2. Decline Expected growth rate of Japan
Expected growth rate
Many company leave Japan
2010- 3.9%
↓
2011- 0.3%
e.g) Michelin, Hyundai car
Liberty Global
Carrefour, Versace
Reported by Bank of Japan
Reported by KJC
Impacts on Domestic market
Fukushima- Big agricultural & Fishery area in Japan
→Major products were agro-fishery products
Radiation Leak
Consumption in country decrease rapidly
The price of product plunge
Income decrease
2
/
Imports and Exports
Nation’s earthquake on production plant
Fukushima Nuclear crisis
Nation’s earthquake
Nuclear crisis
-Acceleration of disconnection
Exporting
in supply chain
-Loss in Blance of trade
-Major trading country’s import ban on food
in 30 years
Imporitng
-To Substitute on
delay of domestic production
-To
run
heat
power
plants,
mineral fuel importing increased
Impacts on exporting
1. Acceleration of disconnection in supply chain
2. Major trading country’s import ban on food
Japanese government complained to those countries to follow WTO's rule
Impact on importing
1. To Substitue on delay of domestic production
2. To run heat power plants,
mineral fuel importing increased
Balance of trade loss in 31 years
3
/
Implication for Business
Strategy
1. Manufacturing
2. Agricultural &