Trends in Japan > Memory Lane > Business & Economy > 03-04

LEISURELY LUNCHES
(December 7, 2004)
Neo Yatai Mura, or "villages of neo food stalls," consist of clusters of around a half dozen colorfully decorated food stalls parked in open spaces in office districts, where lunch-goers can relax in alfresco surroundings.

WALLET PHONES
(November 29, 2004)
Cell phones that allow users to pay for their shopping just by holding them over a reader at the cash register, aptly nicknamed o-saifu keitai (wallet cell phones), went on the market in July 2004.

OLYMPIC WINDFALL
(October 5, 2004)
Japanese athletes brought home a record haul of medals from the 2004 Athens Olympics, and thanks to their efforts the Japanese economy has also struck an unexpectedly large pot of gold.

BACK IN THE BLACK
(April 2, 2004)
As they work to quickly wipe away the longstanding problem of nonperforming loans, major banks in Japan appear set to rise again.

THROW YOUR VCR AWAY
(March 25, 2004)
Flat-panel TV sets, digital cameras, and DVD recorders are the three must-have items in Japan these days, and sales of these electronic devices are booming.

MOBILE MUSIC
(March 3, 2004)
Mobile phones, users can now be notified of incoming calls with songs performed by the musicians themselves. Called Chaku-uta - ring songs - the service is anticipated to create a new market for the music industry.

MADE FOR MEN
(February 12, 2004)
Male-oriented products, ranging from apparel to sports cars, have sold poorly in recent years but are now enjoying a resurgence. Those in the retail and distribution industries have come around to the view that, among individual consumers, products for men are back in style.

LIKE MOTHER, LIKE DAUGHTER
(February 10, 2004)
Nowadays it is quite common to see mothers and daughters shopping or traveling together like friends. The trend to have fewer children has led to closer relationships between mothers and daughters. Department stores and travel agencies have reacted quickly and are coming out with various products targeting the M&D (mother-and-daughter) market.

WEEKEND ENTREPRENEURS
(January 19, 2004)
Among the many new trends associated with recent advances in information technology is the proliferation of "weekend entrepreneurs." These are people with regular salaried jobs who manage to turn their hobbies or talents into profitable sidelines or even full-fledged businesses.

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MOLDING THE FUTURE
(November 28, 2003)
Metal molds are indispensable in the manufacture of industrial products; the more complex the product, the more advanced the molds needed to produce it. Japanese molds have a global reputation for precision and durability.

TRAINS VERSUS PLANES
(November 20, 2003)
With the opening of a new station on the Tokaido Shinkansen (bullet train) line in Tokyo on October 1, the competition for passengers between rail and air services has intensified, with two major bullet-train routes, the Tokaido (Tokyo to Osaka) and Sanyo (Osaka to Fukuoka) lines, giving the airlines a serious run for their money.

GROWING CONVENIENCE
(October 24, 2003)
It has been nearly 30 years since the convenience store distribution model was introduced to Japan from the United States. In that time, Japanese konbini, as the stores are known colloquially, have developed a vast array of services and have become a cornerstone of Japan's retail sector.

(October 22, 2003)
International interest in Japanese publications like manga (comic books), fashion magazines, and novels is rising sharply. This trend has spurred growth in the business of publishing translations of Japanese originals, not only within Japan but also in other countries.

HERE'S TO SHOCHU
(September 24, 2003)
While the overall consumption of alcoholic beverages in Japan has remained relatively flat over the past 10 years, the consumption of shochu has been rising steadily.

BENTO WARS
(September 17, 2003)
In recent years, the number of people buying takeout lunches is increasing. Especially popular are box lunches (known as bento), and convenience stores are making new efforts to increase their share of this market.

TURNING POINT
(August 7, 2003)
Despite a sustained bout of deflation in the wider economy, companies in key sectors of the manufacturing industry, such as electrical appliances, automobiles, and steel, have begun increasing their investment in plant and equipment.

BRIGHT FUTURE
(August 6, 2003)
Except for plasma displays, the most promising candidate to succeed LCDs as the next generation of display-panel technology is organic electroluminescence, which holds the promise of bendable screens and crystal-clear images, perhaps even enabling the creation of wearable display panels.

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IT STARTED AS A PHONE
(July 17, 2003)
Cellphone companies are engaged in a fiercely fought race to add new advanced functions to their handsets. The first new battleground is the task of enhancing the built-in cameras many phones now feature from the previous 300,000-pixel level to the one-megapixel level.

QUENCHING A GLOBAL THIRST
(June 26, 2003)
Water shortages, which the world faces now and is predicted to face even more in the future, are a particularly acute problem, and Japanese universities and companies are making a variety of efforts to alleviate them.

DIGITAL CENTURY
(April 11, 2003)
Consumers are snapping up digital cameras in ever-increasing numbers as prices fall, picture quality improves, and new features like powerful zoom lenses and video are added.

(March 19, 2003)
The rising popularity of plasma TVs is the latest manifestation of the digital age in Japan. A hi-tech revolution is transforming the quality of viewers' audiovisual experiences.

(February 25, 2003)
The Japanese game software industry is currently undergoing a major reorganization. A typical example is the merger between Japan's fourth largest game publisher, Square Co., and the fifth largest, Enix Corp., which will take place in April 2003. Square is the producer of the Final Fantasy series, which has sold an estimated 30 million titles, while Enix produces the 24-million-selling Dragon Quest series.

(February 3, 2003)
Japanese automakers have taken the lead in commercializing environmentally friendly fuel cell vehicles that run on hydrogen. In December 2002 Toyota Motor Corp. and Honda Motor Co. became the first companies in the world to market fuel cell vehicles when they leased some cars to government agencies and universities in Japan and the United States.

(January 17, 2003)
In 2002 two Japanese won Nobel Prizes in the same year for the first time ever. While the backgrounds and work environments of these Nobel laureates may be completely different, companies played a large role in the success of both.

AN EMERGING "THUMB CULTURE"
(January 10, 2003)
Mobile phones have become a major provider of entertainment on the train. These phones are extremely versatile multimedia tools that allow users to do everything from doing e-mail to playing online games, and even listening to music.

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