The Japanese KFC Tradition

How a fast-food marketing campaign turned into a widespread Yuletide tradition for millions.

Excerpt:

Yes, it’s a Merry KFC Christmas for the Ando family. It may seem odd anywhere outside Japan, but Ando’s family and millions of others would never let a Christmas go by without Kentucky Fried Chicken. Every Christmas season an estimated 3.6 million Japanese families treat themselves to fried chicken from the American fast-food chain, in what has become a nationwide tradition.

... According to KFC Japan spokeswoman Motoichi Nakatani, it started thanks to Takeshi Okawara, the manager of the first KFC in the country. Shortly after it opened in 1970, Okawara woke up at midnight and jotted down an idea that came to him in a dream: a “party barrel” to be sold on Christmas. Okawara dreamed up the idea after overhearing a couple of foreigners in his store talk about how they missed having turkey for Christmas, according to Nakatani. Okawara hoped a Christmas dinner of fried chicken could be a fine substitute, and so he began marketing his Party Barrel as a way to celebrate the holiday.

In 1974, KFC took the marketing plan national, calling it Kurisumasu ni wa Kentakkii, or Kentucky for Christmas. It took off quickly, and so did the Harvard-educated Okawara, who climbed through the company ranks and served as president and CEO of Kentucky Fried Chicken Japan from 1984 to 2002.

Comment: Japan KFC / KFC is a YUM brand

Will the "100-Yen" Store go the way of the "Five and Dime"?

Tough Times Ahead for 100-Yen Stores

Excerpt:

Japanese investors and exporters may be cheering the dollar's return to the ¥100 mark, but for the thousands of "100 Yen" discount stores around the country, it signals tough times ahead.

The 100-yen shops have become representative of a deflationary Japan, thriving by astonishing customers with the purchasing power of the ¥100 coin. They offer everything from cellphone chargers to fake eyelashes for the same low price. Their business model has centered on a strong yen pushing down prices of the imported goods that fill their shelves.

... Since the price the shops can charge is fixed, by definition, creative store managers may be forced to give consumers a little less bang for their money. What used to buy 10 balloons might soon buy eight, a pack of five hair curlers might be replaced by packs of three, and kitchen sponges might be cut into smaller pieces, said 100-yen store managers in Tokyo. They say they are also looking to raise the percentage of Japan-made goods on the shelves.

Comment: Note to business owner - don't put the price in the business name. Eg. Dollar General, Dollar Tree, Inc, and Family Dollar Stores Inc.

Mr "I'm sorry"

Apologies Not Accepted

Excerpt:

A heretofore secret cable dated Sept. 3, 2009, was recently released by WikiLeaks. Sent to Secretary of State Clinton, it reported Japan's Vice Foreign Minister Mitoji Yabunaka telling U.S. Ambassador John Roos that "the idea of President Obama visiting Hiroshima to apologize for the atomic bombing during World War II is a 'nonstarter.'"


The Japanese feared the apology would be exploited by anti-nuclear groups and those opposed to the defensive alliance between Japan and the U.S.


Whatever Tokyo's motive, Obama's motive was to once again apologize for defending freedom, this time for winning with devastating finality the war Japan started

Comment: I don't have time to develop this but Hiroshima and Nagasaki shortened the war and saved untold thousands of American and Japanese lives. The Harry Truman library has a lot of information about this.

Japan: "from an economic Godzilla to an afterthought"

Japan, Once Dynamic, Is Disheartened by Decline

Excerpt:

Few nations in recent history have seen such a striking reversal of economic fortune as Japan. The original Asian success story, Japan rode one of the great speculative stock and property bubbles of all time in the 1980s to become the first Asian country to challenge the long dominance of the West.

But the bubbles popped in the late 1980s and early 1990s, and Japan fell into a slow but relentless decline that neither enormous budget deficits nor a flood of easy money has reversed. For nearly a generation now, the nation has been trapped in low growth and a corrosive downward spiral of prices, known as deflation, in the process shriveling from an economic Godzilla to little more than an afterthought in the global economy.

Now, as the United States and other Western nations struggle to recover from a debt and property bubble of their own, a growing number of economists are pointing to Japan as a dark vision of the future. Even as the Federal Reserve chairman, Ben S. Bernanke, prepares a fresh round of unconventional measures to stimulate the economy, there are growing fears that the United States and many European economies could face a prolonged period of slow growth or even, in the worst case, deflation, something not seen on a sustained basis outside Japan since the Great Depression.

Comment: Is Japan's present our future?

Hyundai Sonata vs. Toyota Camry

Comment: Interesting. Both 4 Cyl!

Japan's “capsule” hotels

For Some in Japan, Home Is a Tiny Plastic Bunk

Excerpt:

For Atsushi Nakanishi, jobless since Christmas, home is a cubicle barely bigger than a coffin — one of dozens of berths stacked two units high in one of central Tokyo’s decrepit “capsule” hotels.

“It’s just a place to crawl into and sleep,” he said, rolling his neck and stroking his black suit — one of just two he owns after discarding the rest of his wardrobe for lack of space. “You get used to it.”

When Capsule Hotel Shinjuku 510 opened nearly two decades ago, Japan was just beginning to pull back from its bubble economy, and the hotel’s tiny plastic cubicles offered a night’s refuge to salarymen who had missed the last train home.

Now, Hotel Shinjuku 510’s capsules, no larger than 6 1/2 feet long by 5 feet wide, and not tall enough to stand up in, have become an affordable option for some people with nowhere else to go as Japan endures its worst recession since World War II.

Once-booming exporters laid off workers en masse in 2009 as the global economic crisis pushed down demand. Many of the newly unemployed, forced from their company-sponsored housing or unable to make rent, have become homeless.

Comment: Looks about like a pet carrier! More:

The rent is surprisingly high for such a small space: 59,000 yen a month, or about $640, for an upper bunk. But with no upfront deposit or extra utility charges, and basic amenities like fresh linens and free use of a communal bath and sauna, the cost is far less than renting an apartment in Tokyo, Mr. Nakanishi says.

Still, it is a bleak world where deep sleep is rare. The capsules do not have doors, only screens that pull down. Every bump of the shoulder on the plastic walls, every muffled cough, echoes loudly through the rows.

Each capsule is furnished only with a light, a small TV with earphones, coat hooks, a thin blanket and a hard pillow of rice husks.

Most possessions, from shirts to shaving cream, must be kept in lockers. There is a common room with old couches, a dining area and rows of sinks. Cigarette smoke is everywhere, as are security cameras. But the hotel staff does its best to put guests at ease: “Welcome home,” employees say at the entrance.

A tale of reckless spending

Rising Debt a Threat to Japanese Economy

Excerpt:

How much debt can an industrialized country carry before the nation’s economy and its currency bow, then break?

The question looms large in the United States, as a surging budget deficit pushes government debt to nearly 98 percent of the gross domestic product. But it looms even larger in Japan.

Here, years of stimulus spending on expensive dams and roads have inflated the country’s gross public debt to twice the size of its $5 trillion economy — by far the highest debt-to-G.D.P. ratio in recent memory.

Just paying the interest on its debt consumed a fifth of Japan’s budget for 2008, compared with debt payments that compose about a tenth of the United States budget.

..

The Obama administration insists that it understands the risks posed by deficits and ever-increasing debt. Its critics are doubtful. But as Washington runs up a trillion-dollar deficit this year, with trillions in debt for years to come, it need look no farther than Tokyo to see how overspending can ravage an economy.

Tokyo’s new government, which won a landslide victory on an ambitious (and expensive) social agenda, is set to issue a record amount of debt, borrowing more in government bonds than it will receive in tax receipts for the first time since the years after World War II.

“Public sector finances are spinning out of control — fast,” said Carl Weinberg, chief economist at High Frequency Economics in a recent note to clients. “We believe a fiscal crisis is imminent.”

One of the lessons of Japan’s experience is that a government saddled with debt can quickly run out of room to maneuver.

“Japan will keep on selling more bonds this year and next, but that won’t work in three to five years,” said Akito Fukunaga, a Tokyo-based fixed-income strategist at Credit Suisse. “If you ask me what Japan can resort to after that, my answer would be ‘not very much.’ ”

How Japan got into such a deep hole, and kept digging, is a tale of reckless spending.

Comment: Soon coming to America! A deep hole with few options

Polar bears unmotivated by tawdry marketing gimmick

Zoo solves mystery of celibate polar bears

Excerpt:

Puzzled zookeepers in northern Japan have discovered the reason why their attempts to mate two polar bears kept failing: Both are female.

Comment: I had that problem with hamsters once. But then again I was 9! (My own feeble attempt to draw traffic to my blog by a tawdry marketing gimmick!)