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Cemented Carbide Tools in Japan

Title:

Cemented Carbide Tools in Japan: A Strategic Entry Report, 1996

Date Published: 1999-07-08
Pages: 157
ISBN: 0741814986
   
About the Author(s)/Editor(s)
Philip M. Parker
Eli Lilly Chair Professor in Innovation, Business and Society
INSEAD (Fontainebleau, France & Singapore)

Philip M. Parker is the Eli Lilly Chair Professor of Innovation, Business and Society at INSEAD (Fontainebleau, France and Singapore). He has been a professor there since 1988 where he teaches graduate and doctoral-level courses on global competitive strategy and research methodology. He has taught courses at Harvard University (HBS), the Hong Kong University of Science and Technology, Stanford University (GSB), the Massachusetts Institute of Technology (MIT Sloan School) and UCLA (Anderson School). Dr. Parker received his Ph.D. in Business Economics from the Wharton School at the University of Pennsylvania and has Masters degrees in Finance and Banking (University of Aix-Marseille, France) and Managerial Economics (Wharton). His undergraduate degrees are in mathematics and economics. Some of his work and methodologies applied in this study were financially supported by the Research and Development Committee at INSEAD which is gratefully acknowledged.

About the Series
This series helps international managers expand to various country markets around the world. Each report is a broad study of a particular product market, but also gives information useful for entry strategies (trend analysis, marketing, production, finance, and distribution strategy). Each study provides ample statistics on market size and trends, as well as various economic statistics cover human resources and cross-cultural management.
Contents
1 INTRODUCTION & METHODOLOGY
        1.1 What does this report cover?
        1.2 How to Strategically Evaluate Japan
        1.3 Latent Demand and Accessibility in Japan
2 CEMENTED CARBIDE TOOLS
        2.1 Latent Demand and Accessibility: Background
        2.2 Latent Demand: Aspects of Interest
        2.2.1 Market Profile
        2.2.2 Latent Demand: Statistical Profile
        2.2.3 Latent Demand: Leading Segments
        2.3 Accessibility: The Structure of Competition
        2.3.1 Accessibility: Local Production
        2.3.2 Accessibility: Foreign Entrants
        2.3.3 Key Foreign-Affiliated Firms in This Industry
        2.3.4 Accessibility: U.S. Presence
        2.3.5 Latent Demand: Target Buyers
        2.4 Accessibility: Key Factors
        2.4.1 Accessibility: Import Barriers
        2.4.2 Accessibility: Distribution Strategies
        2.4.3 Accessibility: Financing Strategies/Options
        2.5 Useful Contacts
        2.5.1 Key Government Agencies and Organizations
        2.5.2 Useful Contacts: Trade Organizations
        2.5.3 Trade Journals
        2.5.4 Trading Companies
        2.5.5 Accessibility: Trade Events
3 THE ECONOMICS OF LATENT DEMAND IN JAPAN
        3.1 Executive Summary
        3.2 Economic Issues in Japan
        3.2.1 Fundamental Dynamics
        3.2.2 Dynamic Markets
        3.2.3 Trade Deficit Risks
        3.2.4 Infrastructure Development
4 EXPORT ACCESSIBILITY IN JAPAN
        4.1 Executive Summary
        4.2 Exporting to Japan
        4.2.1 The Banking System
        4.2.2 Exchange Control Risks
        4.2.3 Financing Export Strategies
        4.2.4 Financing Exports
        4.2.5 Financing Direct Investments
        4.2.6 Banks with Correspondent Banking Arrangements
        4.2.7 Trade Barrier Risks
        4.2.8 Valuations on Imports
        4.2.9 Licenses Required for Imports
        4.2.10 Controls on Exports
        4.2.11 Entering Temporary Imports
        4.2.12 Labeling Issues
        4.2.13 Restrictions on Imports
        4.2.14 Local Standards
        4.2.15 Free Trade Zone Options
        4.2.16 Additional Trade Issues
        4.2.17 Adherence to Free Trade Agreements
5 DIRECT INVESTMENT ACCESSIBILITY IN JAPAN
        5.1 Executive Summary: Infrastructure
        5.2 Executive Summary: Natural Resources
        5.3 Executive Summary: Industry
        5.4 Direct Investment in Japan
        5.4.1 Attitudes Toward Foreign Direct Investment
        5.4.2 Investment Liberalization
        5.4.3 Limitations on Facility Development
        5.4.4 Administrative Guidance
        5.4.5 Tax Treatment of Foreign-Owned Firms
        5.4.6 Investment Incentives
        5.4.7 Conversion and Transfer Policies
        5.4.8 Expropriation Risks
        5.4.9 Dispute Settlement Risks
        5.4.10 Performance Requirements and Incentives
        5.4.11 Right To Private Ownership and Establishment
        5.4.12 Protection of Property Rights
        5.4.13 Patents, Trademarks, Utility Models and Designs
        5.4.14 Unfair Competition and Trade Secrets
        5.4.15 Regulatory System: Laws and Procedures
        5.4.16 Easing of Restrictions on Foreign Capital Entry
        5.4.17 International Contract Notification Requirement
        5.4.18 Capital Markets and Portfolio Investment
        5.4.19 Environment for M&A
        5.4.20 JIC Statement on Mergers and Acquisitions
        5.4.21 Credit Markets
        5.4.22 Political Violence
        5.4.23 Corruption
        5.4.24 Bilateral Investment Agreements
        5.4.25 Investment Insurance
        5.4.26 The Local Labor Market
        5.4.27 Foreign-Trade Zones/Free Ports
        5.4.28 Capital Outflow Restrictions
6 MARKETING & DISTRIBUTION IN JAPAN
        6.1 Executive Summary
        6.2 Marketing and Distribution in Japan
        6.2.1 Distribution Channel Options
        6.2.2 Agents/Distributors
        6.2.3 Franchising Activities
        6.2.4 Direct Marketing Options
        6.2.5 Joint Venture and Licensing Options
        6.2.6 Creating a Sales Office
        6.2.7 Selling Strategies
        6.2.8 Advertising Options
        6.2.9 Pricing Issues
        6.2.10 Supplying Customer Service
        6.2.11 Public Sector Marketing
        6.2.12 Intellectual Property Risks
        6.2.13 Hiring Local Counsel
7 HUMAN RESOURCE ASSESSMENT IN JAPAN
        7.1 Executive Summary
        7.2 Human Resources in Japan
        7.2.1 Unionization in Japan
        7.2.2 Collective Bargaining in Japan
        7.2.3 Workweek and Minimum Wages in Japan
        7.2.4 Forced Labor in Japan
        7.2.5 Working Ages and Child Labor in Japan
8 POLITICAL RISK ASSESSMENT IN JAPAN
        8.1 Executive Summary: Government
        8.2 Executive Summary: Military Organization
        8.3 Democracy in Japan
        8.4 Political Issues in Japan
        8.4.1 Bilateral Investment Agreements
        8.4.2 Politics and the Business Environment
        8.4.3 Political System and Elections
9 LEGAL RISK ASSESSMENT IN JAPAN
        9.1 Executive Summary
        9.2 Legal Issues in Japan
        9.2.1 Privacy, Search and Seizure
        9.2.2 Trial Justice in Japan
        9.2.3 Excessive Punishment in Japan
10 CULTURAL AND DEMOGRAPHIC RISKS IN JAPAN
        10.1 Executive Summary
        10.2 Cultural Issues in Japan
        10.2.1 Racial, Ethnic and Discrimination Issues in Japan
        10.2.2 Women's Rights and Gender Issues in Japan
        10.2.3 Religion in Japan
        10.2.4 Fundamental Human Rights in Japan
11 HISTORICAL BACKGROUND
        11.1 Social and Political History
        11.1.1 Social History
        11.1.2 Overview of Key Historical Events
        11.1.3 Contact With the West
        11.1.4 Wars With China and Russia
        11.1.5 World War I to 1952
        11.1.6 Political and Governmental History
        11.1.7 Economic History
        11.1.8 Agriculture, Energy, and Minerals
        11.1.9 Transportation
        11.1.10 The Local Labor Market
        11.1.11 Historic International Relations
        11.1.12 Historical Relations with the U.S.
        11.1.13 Security Relations
        11.1.14 Economic Relations
        11.2 Economic History
        11.2.1 Economic Policy Risks
        11.2.2 Exchange Rate Policy
        11.2.3 Pricing Policy
        11.2.4 Tax Policy
        11.2.5 Regulatory and Deregulation Policy
        11.2.6 Government Debt
        11.2.7 Barriers to Trade
        11.2.8 Agricultural and Wood Products
        11.2.9 Telecom and Broadcast
        11.2.10 Standards, Testing, Labeling, and Certification
        11.2.11 Foreign Direct Investment (FDI)
        11.2.12 Government Procurement Practices
        11.2.13 Customs Procedures
        11.2.14 Government Subsidies and Protectionism
        11.3 Business Customs in Japan
        11.3.1 Local Business Practices
        11.3.2 Travel Issues
        11.3.3 Local Holidays Observed
        11.3.4 Infrastructure for Conducting Business
 

 

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