Japan’s Legal Environment
“I am sorry.” You will have experienced this at least once if you spend some time with Japanese people: The first word coming out of someone’s mouth is often a word of apology. This is not only the case on an individual level, but also in the business context. We often come across situations where the management of a Japanese […]
Critics disagree if the Japanese government’s Abenomics initiative has been successful so far, or will be in the future. Yet the number of bankruptcy cases filed with court has decreased steadily since 2010, showing a remarkable decline since the initiative’s launch three years ago. In fact, the number of cases filed in May this year was the lowest figure since […]
If your products are not selling as planned, do you ask longstanding suppliers to accept returns? Or, if you are offering discounts, do you have them bear some portion? These are just two examples of considerations you may have if your bargaining position against your suppliers is very strong. And you wouldn’t be alone. In fact, not a few companies […]
