International Business and Finance in Japanese Corporations (No.2): Recent Case Studies and Insights

When the world economy is facing serious difficulties such as now, the management of Japanese corporations is attracting attention from all over the world. In coping with rapid changes in the environment, Japanese management techniques and legal practices continue to change. In the era of internationalization, Japan and foreign countries have followed a path of convergence, despite differing traditions. By following this course, businesses both in Japan and abroad are expected to achieve greater progress in productivity, cost efficiency, and profit maximization, while maintaining good quality control. However, these Japanese stories are only partially known to the world.As one of the very few casebooks written in English on Japanese corporations, this book offers valuable insights into Japan’s unique business culture and practices. The seven cases in this book include well-known Japanese corporations such as the Bank of Japan, Toyota, Sumitomo-Mitsui Bank, Saizeriya, and Toshiba. ’The Toshiba Accounting Scandal: How Corporate Governance Failed’ and ’Negative Interest Rates: The Bank of Japan Experience’ rank as ’BESTSELLERS’ in the Top 20 most popular cases at Harvard. These cases illustrate many of the key differences between Japan and the West that exist in the realm of corporate governance and finance. All in all, the book provides relevant and in-depth information on the current state of business in Japan.