“Recently, there’s numerous inquiries regarding India. We’ve never seen so much enthusiasm from Japanese companies,” says the surprised megabank staff who surveys Japanese corporate expansion into emerging countries.
As characteristics of the U.S industries, we can list mature IT industry and financial systems, labor market flexibility, strong growth of startups, and high technological development and innovation capabilities.
The shift towards electric vehicles (EV) is a movement that paves the way for realignments that transcend national borders and industries, such as in the form of Japanese and American automobile manufacturers creating partnerships.
With Toyota Motor Corporation at the top, Aichi Prefecture is home to the headquarters and factories of 1,467 companies including Toyota Group mega suppliers such as Denso and Aishin, and Tier 2 and lower parts companies.
“Electric vehicles (EV) are an extension of radio-controlled model cars. We developed at a speed unimaginable for conventional car developers. We’ve clashed countless times with the engineer who had an experience managing car development,” says President Masanori Yoshida of Aspark, an engineer staffing company in Osaka.
There are global companies in the water business so called water majors. For a long time from the 19th to the 21st century, Veolia Environment , Suez both of France, and Thames Water of the U.K. were the three companies called water majors.
As the Xi Jinping administration intensifies its confrontational stance towards the U.S., it is speeding up domestic production of semiconductors which are “the rice of industry,” in fear of decoupling from the international supply chain.