Keeping Track of Your Business

June 14th, 2014 -- Posted in Uncategorized | No Comments »

Keeping track of your business is no different in Japan and QuickBooks is pretty popular here just like in the US. The best part of traveling is I found this site, which offers online QuickBooks training videos that I can watch overseas. Accounting is keeping track of all the monetary details of your busi­ness. All the money you have, spend, receive, or owe can be divided into six main categories. Money you have or are owed falls into categories called income, current assets, fixed assets, or equity; money you spend or owe is divided into categories called expenses or liabilities.

If accounting was just a matter of assigning all of your trans­actions to one of these six categories, of course, your ten-year-old could handle it for you. But

The Accounting Profession is Different in Japan

July 25th, 2012 -- Posted in Uncategorized | No Comments »

As we mentioned, the role of financial accounting  in Japanese organizations is quite different from the accounting typically found in American companies. Japanese accounting personnel play a much more proactive role in product target costing, facilitating the budgeting process, and in working with their counterparts than do the usual accounting personnel in the U.S.  For example, Nissan, which is a $50-billion business, has approximately 500 accountants in Japan. A full 200 of them are committed to the approximately 20 new-model planning teams working primarily in the target costing area. As we said earlier, the planning and budgeting process is much quicker than in mostU.S.companies. Finance and accounting plays a central role in leading and facilitating the six-month budgets. Most of the companies with which we are familiar in Japan have… Continue reading

Experiencing Japanese Culture First Hand

July 12th, 2012 -- Posted in Uncategorized | 1 Comment »

From my observation, the way we back in the U.S. do business has some small but very important differences. Because I  came over here to work I would like to point some of those out.   Americans who seek business with the Japanese must  have a thorough understanding of the traditions and customs of Japan; otherwise, they will be doomed to failure. Even minor points of protocol might spell trouble for the unwary foreign entrepreneur. For example, a business card that does not clearly state the person’s rank and position in his or her company could prove disastrous–without knowing where that person is on the corporate grid, a Japanese executive will not know how much deference to show. The presentation of… Continue reading

Teamwork is Japans Thing

June 30th, 2012 -- Posted in Uncategorized | No Comments »

Motivation is never a critical issue. Perhaps because of the country’s history as a feudal planting and harvesting culture, Japanese workers tend to be consummate team players. Corporate Americans spent millions of dollars in attempts to establish efficient, productive work teams, with a questionable degree of success. To the Japanese, however, teamwork is as natural as breathing.

Intense loyalties and deep personal attachments develop in the ka, or work group. Socializing after business hours assists further to strengthen social bonds and is part of each employee’s duty to the company. Individual sacrifice and devotion to team efforts are the norm. That structure sometimes leads to over-conformity, but management strives to place talented people in position where they can best serve… Continue reading

Comparing How Japan Measures Performance

May 19th, 2012 -- Posted in Uncategorized | No Comments »

MostU.S.companies still use some form of return on investment as a primary measure of financial performance. This method is intended, obviously, to bring together both profit and investment management in order to yield a satisfactory return on capital and, ultimately, a return to shareholders. A number of scholars and some business people have argued, however, that obsessive adherence to the ROI objective results in a bias toward short-term results at Continue reading

Sports and Training Coming to Japan: Baseball

April 4th, 2012 -- Posted in Uncategorized | No Comments »

Sony Walkmans, Toyota cars, and Nintendo video games are all Japanese exports that Americans have come to know and love.

But in Japan, there is an American import that inspires more passion than all of those: baseball.

Officially, Japan’s national sport is sumo wrestling. But baseball is unquestionably number one in the people’s hearts. The Yomiuri Giants, Japan’s most popular professional team, play to standing-room crowds nightly–not only in their hometown of Tokyo, but all across the country. Organized rooting sections, led by cheerleaders and bands, rival those seen at U.S. college football games. And every summer, the whole nation tunes in to the national high school basball tournament–one

Japan is a Healthy Society…Few comments

March 3rd, 2012 -- Posted in Uncategorized | No Comments »

Its interesting to point out that although Japan is a very healthy nation, working out and fitness plans are not prevalent.  A poll showed that 40% of the population doesn’t exercise at all and 20% considered walking as their exercise. From my personal experience, I see asian Americans in the gyms all the time and some are well built.  So this points to the culture not being very into fitness, but not saying they don’t have it in them.  What the Japanese people are well know for is Martial Arts and other stress reducing exercises.  I spoke to an online personal trainer from eFitness Trainers and he explained the benefits of popular Japanese exercises such as yoga, martial arts, and Tai Chi.  He explained that they target more mental health… Continue reading