In April, for the first time since records were kept in 1996, inbound tourists outspent Japanese ones. That's no small feat, given that there are about 25% more Japanese going abroad versus foreigners coming in.
The average Japanese company stores (and pays for) about five times the number of documents that the average U.S. or South Korean company does. However, that is set to change in favor of digitally stored company records.
Ten thousand people taking part in the Shimanami Kaido Cycling Taikai descending on the small host city of Imbari is a real challenge logistically, and we suspect is the main reason why they shut off applications this year at 6,500 people.
Most Japanese senior managers, no matter how entrepreneurial, are educated and conditioned to work in groups, and the idea of working alone in their Country Manager role doesn't feel to them like a "real" company.