...Summary RECOMMENDATION： Take the chance, lead the market! Adopt the new technology and enter Japanese market! As the saying goes "Never be afraid to try something new ". After adopting the new strategies, Net Present Value for the whole project will soar to 6,114,217, which is almost three times the NPV of the former project. Besides, tapping into the booming Japanese market and take 2% market share, company will receive not only significant capital gain but many other intangible benefits. Why using new technology is a winning strategy? 1. Statistically, new technology brings along a higher return. Once adopt the new technology, NPV will increase significantly from$2,233,511 to $4,895,728 , IRR of the new project will also be 16% higher. 2. This is a chance to clean up the competitors ahead and gain the first-mover advantage. The adoption of the new technology will prevent a possible drop in sales if counterparts implement similar technology. Furthermore, company can obtain the competitive advantage by selling the patent of this technology to make profit. 3. Many intangible benefits will be generated. reputation is the life of the company. New technology adoption reduces pollution, implements CSR and helps better promote corporate image and increases brand recognition. Why entering Japanese market is a must? 1. Booming Japanese market ensures higher return. With approve of OEM in Japan, company can penetrate into this big and fast expanding market, as well...
Words: 2177 - Pages: 9
...Contents Introduction 3 Culture of Japan 4 Overview of Japanese Robotics 9 Impact of Technology on the Culture 12 The Japanese Robot Economy 15 Japanese Robotic R & D Economy 17 Sales of Robotic Technology 18 The Workforce Economy 19 Economic Conclusion 20 Government Impacts 21 Public Projects Impact 22 Economics Impact 23 Technology Impacts 23 Moral and Ethical Consideration 24 Positive Impact 24 Negative Impact 25 Conclusion 27 References 28 Introduction Robots of any style and kind have been on people’s minds since the beginning of the technological ages. We see through time where our imaginations have expended when it comes to think about Robots and what we think they will become. We used to think of Robots as multiple armed machines that could cook eggs, pour coffee, and flip eggs. These robots would mimic human behaviors and motions. Then we see cartoons of robots that gave us dreams of robot maids and robot machines that would supply us with any food of our choice, and have it fully cooked, and delivered through a tube. However, now-a-days, we have evolved to higher technology and have even greater imaginations (Niku, 2001). Although, there is one country that surpasses all when it comes to robots and robotics, and that country is Japan. When we think of Japan we think of a country that has always been at the cutting edge of most anything. Having this cutting edge has set Japan above the technology curve when compared to the rest of...
Words: 7771 - Pages: 32
...earlier, Japan lay in shambles. They were the subject of bombardments for almost four years and had the first ever atomic bombs dropped on two of their major cities: Hiroshima and Nagasaki. Most of the infrastructure, such as factories and railroads had been destroyed. How did Japan go from absolute shambles to one of the world’s largest and most developed economies in such a short period of time? One theory credits Japanese Prime Minister Ikeda who used monetary and fiscal policies to lower interest rates and taxes resulting in more capital investment. Another more mainstream theory credits the United States’ post-war policy of helping Japan rebuild via political and financial assistance is often given credit for helping Japan develop. A final theory, which this paper will argue precludes American policy, cites shifts in Japanese attitudes away from loyalty to an emperor and instead towards democratic institutions resulting in improved living standards. Although many factors and policies contributed to Japanese economic growth after World War Two, without a shift in attitude from Japanese citizens it would have been impossible to have economic success. The cultural beliefs of Japan that prevailed through world war two came from the Meiji Restoration in 1868. The Meiji government had three political priorities which, after implemented, shaped the views of Japanese citizens through world war two. The first priority was to create a central army capable of defending Japan against...
Words: 3237 - Pages: 13
...USA Nanxiang 2nd Road Tianhe, Guangzhou, Guangdong China AAC Technologies Holdings Inc. Building 5, 6th floor, Nanyou Tianan Industry Park, Dengliang Road, NanShan District Shenzhen, Guangdong China Gangqiao Street, Nanxiashu Town, Wujin District, Changzhou, Jiangsu China AcBel Polytech Inc. No. 17-28, (Hong Yeh Road), Hong Yeh 138 Industrial District, Tang Xia Town Dongguan, Guangdong China Advanced-Connectek Inc. No. 2 Middle LanJing Road, Grand Industrial Zone, PingShan District Shenzhen, Guangdong China No. 888 Hua-Yuan Road, Zhang-Pu Town Kunshan, Jiangsu China AKM Semiconductor, Inc. 1-15, Nakashima-cho, Nobeoka, Miyazaki Japan No. 5 Nanke 7th Road, Southern Taiwan Science Park Tainan, Taiwan 13-2 Sekinoiri Sumie, Ishinomaki City, Miyazaki Japan 4 Ren Der Road, Hsinchu Industrial Park, Hsinchu, Taiwan 5-4960, Nakagawara-cho Nobeoka, Miyazaki Japan Alcoa, Inc. 1480 Manheim Pike, Lancaster, Pennsylvania USA Supplier List 2013 2 Alps Electric Co., Ltd. 230, Shibue Wakuya-Cho Tohda-gun, Miyagi Japan No. 5, Xingchuang 4 Road Singapore Industrial Park Wuxi, Jiangsu China 41-25, Yanagi-machi, Noda Onahama Iwaki, Fukushima Japan P.T. 10643, Nilai Industrial Estate Nilai, Negeri Sembilan Malaysia 6-1 Nishida Kakuda City, Miyagi Japan Xinxing Industry Zone, Xingfa South Street, Wushaliwu, Changan Town Dongguan, Guangdong China 6-3-36 Furukawanakazato Osaki, Miyagi Japan Amperex Technology Ltd. 1 West Industrial Road, North Industrial Park, SongShan...
Words: 8834 - Pages: 36
...CENTER FOR FIRE SCIENCE AND TECHNOLOGY Tokyo University of Science 2641 Yamazaki, Noda-shi, Chiba 278-8510 JAPAN Report with Recommendations for Updated Bangladesh National Building Code-BNBC(Part-4) Preface: Bangladesh National Building Code (BNBC) was first drafted in 1993 but not formally reviewed and updated. Since then, major changes have taken place in every discipline of the Building technology. To make this code time worthy, Ministry of Housing and Public Works formed a steering committee with the responsibility ofUpdating BNBC 1993 by a G.O. having circular no. Section 8/IM-5/93(part) 812 (28) date:15.09.2008. The Housing and Building Research Institute (HBRI) has been entrusted with thetask of providing secretarial service to the steering committee and managing theimplementation of the project. In response to the Request for Proposal (RFP) from HBRI,Bureau of Research, Testing and Consultation (BRTC) of Bangladesh University ofEngineering and Technology (BUET) submitted Technical and Financial proposals forupdating the code. Consequently an agreement was signed between HBRI and BRTC on the15th of December, 2009 giving the task of updating the Code to BRTC, BUET. In this regard, An Inception Report to update the BNBC has already been approved by the concerned authority (http://www.buet.ac.bd/ce/pdf/Top%20pages_Inception%20Report.pdf). Tokyo University of Science (TUS) under the Global COE program conducted A Lecture Course & Seminar in Bangladesh on 21-23 November...
Words: 6126 - Pages: 25
...Product Launch Plan MKT 571 February 25, 2013 Meraj Khan Product Launch Plan General Electric (GE) is building the world by providing capital, expertise, and infrastructure for a global economy (G.E., 2013). The corporation is preparing for the launch of the Smart Helmet in Japan and Hong Kong markets, respectively. The Smart Helmet offers improved safety and modern technological capabilities through Bluetooth synchronization and Global Positioning System (GPS) with a heads-up visor display. This paper considers components of the product launch plan for Japan’s domestic market and Hong Kong’s international market. The plan includes a description of the product and positioning, targeting, market needs and growth, SWOTT analysis, the competition, objectives and strategy, pricing and financial information, communication plan, distribution strategy, and market research for the plan. GE anticipates the detailed plan will result in a successful product launch. Product Description The Smart Helmet is designed primarily as a protective covering for the head of any cyclist who desires a full-face helmet. As a product of innovative thought, the Smart Helmet increases safety and convenience by offering a standard voice-activated global positioning system and Bluetooth synchronization with a heads-up projection at forward sky-level. Such features allow the rider to enjoy an uninterrupted journey with music, verbal companionship, and navigation without taking his or her eyes off...
Words: 3920 - Pages: 16
...Product Launch Plan General Electric (GE) is building the world by providing capital, expertise, and infrastructure for a global economy (G.E., 2013). The corporation is preparing for the launch of the Smart Helmet in Japan and Hong Kong markets, respectively. The Smart Helmet offers improved safety and modern technological capabilities through Bluetooth synchronization and Global Positioning System (GPS) with a heads-up visor display. This paper considers components of the product launch plan for Japan’s domestic market and Hong Kong’s international market. The plan includes a description of the product and positioning, targeting, market needs and growth, SWOTT analysis, the competition, objectives and strategy, pricing and financial information, communication plan, distribution strategy, and market research for the plan. GE anticipates the detailed plan will result in a successful product launch. Product Description The Smart Helmet is designed primarily as a protective covering for the head of any cyclist who desires a full-face helmet. As a product of innovative thought, the Smart Helmet increases safety and convenience by offering a standard voice-activated global positioning system and Bluetooth synchronization with a heads-up projection at forward sky-level. Such features allow the rider to enjoy an uninterrupted journey with music, verbal companionship, and navigation without taking his or her eyes off the road. GE’s new product is differentiated from competitors...
Words: 3909 - Pages: 16
...Commodore Matthew C. Perry, born April 10th, 1794, is responsible for opening Japan for negotiations with the U.S. in 1853. He led an important role in American history by doing this and should be remembered. Without him Japan would not be the country it is today. The following information will prove why Commodore Matthew Perry should be remembered in American history. Starting with his beginning. Japan in this time wasn’t open to trade with many countries. They traded only with select groups from The Netherlands and China. This was due to constant attempts by European countries to convert them to Catholicism and unfair trade deals. The U.S saw opportunity in trading with Japan because of its useful position in the Pacific as well as the large amount of coal located in Japan. The coal would be very useful to U.S steam ships, which require large amounts of coal, looking to refuel on their way to China so...
Words: 941 - Pages: 4
...China, although they may have similar cultural values (Weber, 2002). Consumers within these two regions may have different preferences and environmental standards. The same could be said for Japan. Therefore, when marketers are trying to enter other regions they must understand the region’s culture and behavior toward a product or service. Marketers must also understand demand factors of that region, such as economic and social. Case one: Japan to Apple’s iPhone: “No Thanks!” Although technology is used all over the world, different countries can provide many challenges when trying to introduce new technologies to them. Apple found this out when trying to introduce the iPhone in Japan. According to Frommer (2010), reasons the iPhone was not successful in Japan was because Apple failed to understand what the Japanese consumer expected of an iPhone and the competitive marketplace. Although the iPhone is successful in the United States, many consumers in Japan believe the phone’s technology is old and inadequate. Some Japanese consumers also believed that the iPhone did not look good and the network subscriptions were too expensive (Chen, 2010). Japanese consumers believe that the technology and many of the iPhone’s features are inadequate because Japan has already had the technology and features for more than two years (Chen, 2010). According to Frommer (2010), many Japanese consumers...
Words: 1152 - Pages: 5
...Management Autumn 2011 Industry Report Telecommunications Industry in Japan Table of Contents Introduction...............................................................................................................................3 The Japanese Telecommunications Industry – an overview......................................................4 The Beginning of Regulatory Reform and the Role of MIC........................................................5 Rapid World-leading Technology and Trends.........................................................................6-7 The Role of Handsets and Devices............................................................................................7 The Economic Effect of a Natural Disaster.................................................................................7 Environmental Policies...............................................................................................................8 Going Forward...........................................................................................................................8 Appendices...........................................................................................................................9-13 Appendix 1 - Shares of cumulative subscribers at the top four Telecommunications companies in Japan.........................................................................
Words: 2250 - Pages: 9
...Korea & Japan Trip Spring 2001 NTT DoCoMo and Japan’s Wireless Industry Anu Bhave Haakon Brown Will Chu Jose De Oteyza Mario Lewis Wendy Miller Luis Pintado NTT DoCoMo seems to have the elements of a successful global player. First, it is in a promising market. The wireless phone market is growing rapidly and industry forecasts predict more than half the world’s population will own a cellular phone by the year 2003, a much higher penetration rate than computers. Furthermore, based in Japan, DoCoMo has the advantage over American and European counterparts, like AT&T, Sprint and Vodafone AirTouch, of being closer to the 3.3 billion person Asian market. In addition, DoCoMo is at the leading edge of technology and is expected to be the first mobile operator to launch a 3rd Generation (3G) wireless network by Spring 2001. NTT DoCoMo Background In 1959 Nippon Telegraph and Telephone (NTT) entered the telephone industry in Japan with an offering of maritime telephone service. They added paging services in 1968, car telephone services in 1986, and in-flight public telephone service in 1987. In 1991 NTT established a separate company to provide wireless communication offerings, NTT Mobile Communications Network, Inc. This new company was then spun off by NTT in 1992, ultimately resulting in one of the biggest initial public offerings for the time in 1998, and is now 67.1% owned by NTT with the balance of shares owned by public investors. By 1993...
Words: 3322 - Pages: 14
...In the following paper I will be examining the process of economic development in Japan. I begin with their history in the Meiji period and how that effected their great success in the postwar development. Then I will go through the different economic stages of economic development in postwar Japan. I will examine the high periods and low period in Japan economics, and the factors behind these shifts in development. Last I will give a conclusion and where I believe Japan economy will be in the future. To understand Japan economic boom after the war you must also look at there history. Without the creation of the industrial economy during the Meiji Japan this economic growth after postwar could have not happened. To look even closer lets examine the period before called the Tokugawa period, from 1630's until the 1860's. Smith explains that "during this period Japanese economy experienced unparalleled growth and structural change" (Smith, Page 4). The system was set up on rules and obligations on all sections of society. These systems of control helped rapid urbanization. Education is also a factor in the economic development in Tokugawa period. Tokugawa Japan abapted Confucianism belief system from there neighbors China. This became important because "one of the distinctive traits of Confucianism was reverence for education and learning" (Smith, Page 5). This spread of education was dramatic. Not Macdonnell, 2 Only did the knowledge seep...
Words: 2292 - Pages: 10
...The Country I would like to visit the most and why As an electrical/ electronic engineer in the making, the country I would like to visit the most is Japan. The reason I would like to visit in japan is mostly because it is world’s most industrialized country and has the highest technology in and also because of its cuisines. Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south. The characters that make up Japan's name mean "sun-origin", which is why Japan is often referred to as the "Land of the Rising Sun". Japan is a leading nation in scientific research, particularly technology, machinery and biomedical research. Japan is a world leader in fundamental scientific research, having produced sixteen Nobel laureates in physics, chemistry and medicine Some of Japan's more prominent technological contributions are in the fields of electronics, automobiles, machinery, earthquake engineering, industrial robotics, optics, chemicals, semiconductors and metals. Japan leads the world in robotics production and use, possessing more than half (402,200 of 742,500) of the world's industrial robots. Japan has large international corporate conglomerates such as Fuji (which developed the nation's first electronic computer, FUJIC1999, in 1956) and Sony. Sony, Panasonic, Canon, Nikon, Fujitsu, Hitachi...
Words: 481 - Pages: 2
...Korea & Japan Trip Spring 2001 NTT DoCoMo and Japan’s Wireless Industry Anu Bhave Haakon Brown Will Chu Jose De Oteyza Mario Lewis Wendy Miller Luis Pintado NTT DoCoMo seems to have the elements of a successful global player. First, it is in a promising market. The wireless phone market is growing rapidly and industry forecasts predict more than half the world’s population will own a cellular phone by the year 2003, a much higher penetration rate than computers. Furthermore, based in Japan, DoCoMo has the advantage over American and European counterparts, like AT&T, Sprint and Vodafone AirTouch, of being closer to the 3.3 billion person Asian market. In addition, DoCoMo is at the leading edge of technology and is expected to be the first mobile operator to launch a 3rd Generation (3G) wireless network by Spring 2001. NTT DoCoMo Background In 1959 Nippon Telegraph and Telephone (NTT) entered the telephone industry in Japan with an offering of maritime telephone service. They added paging services in 1968, car telephone services in 1986, and in-flight public telephone service in 1987. In 1991 NTT established a separate company to provide wireless communication offerings, NTT Mobile Communications Network, Inc. This new company was then spun off by NTT in 1992, ultimately resulting in one of the biggest initial public offerings for the time in 1998, and is now 67.1% owned...
Words: 3384 - Pages: 14
...Entry Market: Japan | Japan has made concerted efforts to open its markets through deregulation and other measures to contribute to the | |well-balanced development of the global economy and enhance the quality of life of Japanese citizens. It has also sought to increase | |imports through the adoption of several promotional policies. Nevertheless, there is continued criticism abroad that Japanese official | |regulations and business practices are obstructing the entry of foreign companies into the Japanese market. On the other hand, there are | |also assertions being made inside Japan that the Japanese market is open and very competitive. It is important to compare the actual | |conditions of official regulations, business practices and other factors in Japan to those of major European countries and the United | |States. It is also important to objectively identify the impact these factors have on market entry. | |First of all, globalization, the increasing use of information technologies, and other advances in technology are making disputes more | |varied, complex, and specialized. ADR is the primary means of settling disputes that the conventional legal system cannot adequately | |handle. A survey on "Direct Inward Foreign Investment" carried out in FY 1999, documented factors that would be obstacles or | |increase costs for foreign companies planning to begin operations...
Words: 966 - Pages: 4
