Japan economic and legal stuff
28 September 2010 Last updated at 05:35 ET Takefuji is the biggest consumer lender in Japan to file for bankruptcy Japanese consumer lender Takefuji Corporation has said it has filed for bankruptcy. The corporation said it had a debt of 433.6bn yen ($5.1bn;, £3.2bn), making it the biggest consumer lender to fail. Its problems stem from 2006, when a court ruled that it, and other lenders, had charged illegally high interest rates and must repay borrowers.
Japanese consumer lender Takefuji files for bankruptcy
JETRO publishes an annual Global Trade and Investment Report (formerly published as JETRO White Paper on International Trade and Foreign Direct Investment (FDI) until 2009). The paper includes JETRO's estimates for world trade and FDI figures, as well as in-depth analysis of the world economy and Japan's place in it. Previous white papers have focused on such issues as intellectual property rights, the impact of FTAs, overseas operations of Japanese firms as well as the state of foreign direct investment in Japan. The paper is first published in Japanese and later translated into English.
White Paper - JETRO
It happened when this writer was talking with an executive of a leading U.S. consulting firm. Our conversation turned to the foreign capital control scheme the Japanese government just came up with on that same day. “Foreign investors will surely get more severe in looking at Japan. If they don't like foreign capital, why did they go public in the first place? There's something wrong with them", the executive said. The Children's Investment Fund (TCI), a British investment fund with a 9.9% stake in Electric Power Development Co.
“Foreign Exchange and Foreign Trade Control Law” is Ultimate Takeover Defense Measure (Top Article from Nikkei Business Online)：Nikkei Business Online
The World Factbook
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Starting a Japanese Company
1. Starting a Japanese company says 'We are here!' Setting up in Japan and starting a Japanese company sends a very strong "We are here and we are here to stay!"
1. Getting your cash out of Japan. Whether doing business in Japan or any other non-domestic territory, a sensitive and often misrepresented topic in this era of corporate offshore inversions and post-Enron fallout, is the issue of how to most efficiently flow revenues through your corporate structure without losing huge percentages in local (in our case Japanese) taxation.
