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Japan on the Cheap
Keywords:
Tags: Current Focus, Retail, Consumer, Japan,
The situation in the Japanese consumer market. There is a slow decline in Japanese department stores over the last 14 years. Car sales are also in decline. A number of trends are converging. Japan's population is declining. About one third of Japanese jobs are now non-permanent, part-time or contract jobs.The result is a decline in demand and move to lower priced goods. Smaller cars that have engine displacements below 660 cubic centimetres are seeing increasing sales. The cost is less than $10,000, and cost less to run and maintain. These cars were 20% of the total car sales in 1995, now they are 30%, according to the Japan Automobile Manufacturer's Association.
Japan's consumer market shifts to thrifty buying and discount stores do well.
09/21/2009
Cheap is fashionable and price is No 1 on people's minds.
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Falling Prices in Japan Feed Deflation Fears
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Japan Braces for Protracted Stretch of Deflation
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Toyota in the shrinking home market
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Shrinking sales and excess production capacity for Toyota in Japan.
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Toyota's Domestic Plant Problem
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Toyota's New Factory Shows Loyalty to Home Market
Wall Street Journal 02/17/2011
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For Toyota, Patriotism and Profits May Not Mix
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Japan Car Makers Report Strong Sales
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Japanese companies coming up with lower priced products for local and Asian markets.
08/05/2010
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The New Japanese Way: Downmarket
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The Frugal Japanese Customer.
09/21/2009
Frugal consumers in Japan.
Grouped Articles
Once Slave to Luxury, Japan Catches Thrift Bug
New York Times 09/21/2009
Retail and the Rise of the Frugal Consumer
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Versace to Shutter Its Japan Stores
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Spendthrift to Penny Pincher: A Vision of the New Consumer
Wall Street Journal 12/18/2009
Wall Street Journal 03/01/2011
Wall Street Journal 10/04/2011
Japan: politics and government 2010-2014
03/15/2009
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Election Win by Ruling Party Signals Change in Japan
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Once Mighty Party Falls, and Worries Grip Japan
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Japan’s Political Dynasties Come Under Fire but Prove Resilient
New York Times 03/15/2009
Power Broker for Japanâs Ruling Party Indicted in Funds Case
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Shaking up Japan: Bold, or plain reckless?
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Wall Street Journal 03/01/2011
The Japanese car market in 2008-2012
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Decline in auto sales after the expiry of subsidies for fuel efficient automobiles in 2010-2011. Increases in sales in 2012.
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Wall Street Journal 11/02/2010
Electric Cars Make Japan's Gas Engine Industry Anxious
New York Times 11/02/2010
Mixed Fortunes for Japan Auto Makers in 2010
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Wall Street Journal 03/01/2011
Wall Street Journal 12/03/2011
Wall Street Journal 04/03/2012
Japan's demographics.
10/08/2009
Grouped Articles
Baby Bundle: Japan's Cash Incentive for Parenthood
Wall Street Journal 10/08/2009
The future of Japan: The Japan syndrome
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A special report on Japan: Into the unknown
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A special report on Japan: On the down escalator
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A special report on Japan: The dearth of births
Economist 11/20/2010
A Debate Arrives With Japan Politician's Baby
Wall Street Journal 01/06/2011
How increasing temporary workers to about a third of the labor force depresses Japan's consumer spending
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Linked Articles
Wall Street Journal 03/01/2011
Growing Reliance on Temps Holds Back Japan's Rebound
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