Highlights: May 2001 Issue
Exclusive Interview: Shiseido President Akira Gemma
Akira Gemma, 67, is President and CEO of Shiseido, one of Japan's leading cosmetics and beauty products companies, with worldwide sales approximating Y600 billion ($5 billion). In our exclusive interview, Gemma details plans to adapt to major changes in Japan's consumer market and achieve return on equity (ROE) of seven percent. He speaks openly about the company's joint venture with Johnson & Johnson, competition with Fancl and other youth brands, product development for the elderly and others, Shiseido's desire to be a global leader, and lots more. Don't miss reading this revealing interview.
Inbound (to Japan) M&A Review: Second-Half 2000
Small, strategic deals continued to dominate the list of completed inbound (to Japan) M&A transactions in the second half of 2000. Here's an overview of notable deals, showing the diversity of both healthy and distressed companies accepting at least partial foreign ownership. There were three more Nissan divestitures, too, as well as two acquisitions each by US financial services giants.
A Specialist Offers Advice: "The Most Important Ten Percent"
Legendary former Sony Chairman Akio Morita once said: "Culture may impact products, services, and operations by only ten percent, but this is the most important ten percent. This ten percent determines success or failure." Our specialist this month offers first-hand insight from her eighteen years experience trouble-shooting cultural mishaps between US and Japanese companies.
Japan Insight: Get the Scoop
Trans Cosmos cuts its losses with Encomp; 3G Mobile Japan Summit offers cynicism; ATT Chairman C. Michael Armstrong's keynote at Japan FDI seminar doesn't convince.
From the Editors
Although Japan's bad loan problem is widely discussed and debated, it isn't the only major difficulty Japan faces...
Plus much more...
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