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Japan Moves To Improve Efficiency Of Service Sector

New York, New York - October 9, 2007 - The Japan External Trade Organization (JETRO) released a newsletter today highlighting developments in Japan's service sector. It can be viewed at:

http://www.jetro.org/focus

A summary is presented below:

  • Japan Moves To Improve Efficiency Of Service Sector

    • While media attention is largely focused on political and macroeconomic trends, the economic revitalization of Japan is being achieved largely on...

  • Japan is a Very Different Place Today than Only Ten Years Ago

    • Whereas once Japanese corporations and banks maintained control through extensive cross- shareholdings, these holdings fell substantially throughout the 1990s and early 2000s when compared to the...

  • The Service Sector Accounts for Almost 70% of the Japanese Economy

    • As in all developed economies, Japan's service sector, which includes healthcare, leisure services, distribution, software services, and a host of other activities, has increased in importance. It now accounts for...

  • Study Group Identifies Constraints and Steps to Improve Japan's Service Sector

    • To address the obstacles that have been impeding growth in Japan's service sector and to identify policy recommendations and other actions that can address these and other constraints, Japan's Ministry of Economy, Trade and Industry (METI) formed a...

  • Efficiency of Service Sector Important for Both Domestic as well as Global Efficiency

    • As globalization has progressed and opportunities for modularizing the production process have increased, large Japanese firms have transferred an increasing percentage of the components of the manufacturing process abroad to reduce costs and...

  • Changes in Japan's Service Sector Driving New Business and Investment Opportunities in Japan

    • The desire to revitalize Japan's service sector is creating opportunities for U.S. and other foreign businesses and investors. First, foreign businesses may be able to supply services-e.g., data gathering, software and IT consulting, and...

    To view the full contents of this newsletter please visit:

    http://www.jetro.org/focus

    Data, statistics and the reference materials presented within this newsletter have been compiled by JETRO from publicly- released media and research accounts. Although these statements are believed to be reliable, JETRO does not guarantee their accuracy, and any such information should be checked independently by the reader before they are used to make any business or investment decision.

    For additional information on economic and financial trends in Japan, please contact us at http://www.jetro.org/contact or:

    Naritaka Nakaishi
    Executive Director
    Jetro New York Office
    email: naritaka_nakaishi@jetro.go.jp
    tel./fax +1-212-997-0416/+1-212-997-0464

    This material is published and disseminated by JETRO New York, in coordination with KWR International, Inc., New York, NY 10016, Tel: 212-532-3005, Fax: 212-685-2413, E-mail: kwrintl@kwrintl.com. JETRO New York is registered as an agent of the Japan External Trade Organization, Tokyo, Japan and KWR International, Inc. is registered on behalf of JETRO New York. This material is filed with the Department of Justice where the required registration statement is available for public viewing.