Upstream business strategically conducted by Japan.A form of processing trade in which Asian countries, including Korea, assemble and export them.
2022-01-22
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In business, upstream is basically advantageous
upstream business used to be a common practice.At that time, supply was scarce in the balance between supply and demand and supply were in short supply.The raw material is the most upstream and the final product is the downstream.Considering distribution, retailers sell to final consumers are the most downstream.If water doesn't flow, you can't do business , but in the age of oversupply, the story will change.The downstream retail stores are more powerful than the upstream manufacturing industry.Japan's ７-Eleven is a symbolic example of this, and OEMs want large companies to build private brands, and manufacturers want ７-Eleven to sell their products.
The Japanese business should control upstream
Japan has developed its upstream business.The strategy is to start with basic research, develop industrial machinery, and manufacture things require Japanese basic technology.Regarding the revision of export conditions for three strategic substances, including hydrogen fluoride, the South Korean government's insistence on supply chain integration means downstream integration, which is intended to put pressure on upstream manufacturing.
Lawmaker Matsukawa of the Liberal Democratic Party affirmed to the world that the global supply chain will not be in trouble.As they say, The world's supply chain never collapsed .
POINT Almost all manufacturing industries in Korea are operated by Japanese industrial machinery and chemicals and parts manufactured in Japan.Currently, They are manufacturing by the basic parts imported from Japan.
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The Japan - U.S. summit meeting will focus on the Ukraine issue, the Taiwan Strait, China, and IPEF. Japan significantly expands defense spending.
Japan's defense spending to expand significantly
Is the U.S. military “involved” or “intervened” in the Taiwanese emergency?
Official White House press conference record
What is Japanese leadership
Ukraine issue is Taiwan issue
What is Asian-based security?
There wasn't much that was announced at the joint press conference following the summit following President Biden's visit to Japan, but it can be summarized as: unity among allies on the Ukraine issue, commitment to the China issue, the Taiwan Strait issue, and the establishment of IPEF. Examples include cooperation in economic initiatives aimed at the future.
If I had to say, the noteworthy points are that the United States supports Japan's bid to become a permanent member of the United Nations, the United States' understanding of Japan's significant expansion of its defense budget, and the fact that the G7 meeting will be held in Hiroshima, and that there will be no rule-based changes to the status quo. The G7 should be a place where both Europe and Asia can come together and reach an agreement that this will not be tolerated.
In response to a reporter's question about whether the United States would intervene militarily in the event of an emergency in Taiwan, President Biden clarified that it would. He said there was no change to the "one China policy" and that this did not mean China had the right to use military force to seize Taiwan. However, there are cases where "get involved to" used here is translated as "involvement" and cases where "get involved to" is translated as "intervention."
In the official White House press conference transcript, Q : You didn't want to get involved in the Ukraine conflict militarily for obvious reasons. Are you willing to get involved militarily to defend Taiwan, if it comes to that?PRESIDENT BIDEN: Yes.
(See link at the bottom of the article). Did Mr. Biden answer in the sense of involvement or intervention? Incidentally, TBS translates it as involvement, while Nippon Television translates it as intervention. Normally translated, it would mean involvement...
In recent years, the United States has begun to say about Japan that it has high expectations for Japan's leadership. Regarding Russia's invasion of Ukraine, the United States has focused on providing weapons and imposing economic sanctions, and has largely remained silent, giving the impression that it is a European problem that should be dealt with by Britain, Germany, and other European countries.
The Japanese government has considered the Ukraine issue as a Taiwan issue from the beginning and has continued to commit to supporting Ukraine, but President Biden's recent remarks may have been made out of the blue at a joint press conference, and the Japanese government may continue to provide weapons as usual. Does this mean involvement by, etc.?
President Biden has also stated that there will be no changes to the Taiwan issue, so it is difficult to interpret this. If the Taiwan Relations Act remains unchanged as before, there is a high possibility that the world will respond in the same way in the event of a Taiwan emergency. In other words, Taiwan will only fight by providing weapons .
The fact that the United States welcomes Japan's significant increase in defense spending also seems to be a message that Japan should take leadership in Asia's problems. Does this mean that if Japan wants to protect the Taiwan Strait, it should do so?
What was clearly evident at this joint press conference was that Prime Minister Kishida himself stated that the Japan-U.S. Alliance is Japan's only alliance, and that Japan is protected by the Japan-U.S. Security Treaty. In other words, the United States is currently protecting Japan.
This means that Japan will have to significantly expand its defense spending, build up the ability to defend itself, and think about the Taiwanese crisis on its own terms. Otherwise, he cannot become the leader of Asia. If the United States is only indirectly involved, who will protect democracy in Asia? That only exists in Japan.
Korea is opposed to Sado Kanayama's application for registration as a World Heritage site.Japan have evidence that it was not forced labor.
The Cabinet's decision in April 2021 and the inclusion of warship islands as UNESCO World Heritage sites are posted on the grounds that the recruitment at that time was not a forced labor.Forced Labour Convention in 1930.
When registering as a warship island, South Korea strongly opposes it, and Japan has even proposed a draft of the plan, saying that it will support it if it writes forcedlabor.Japan refused, and at the Japan-South Korea Foreign Ministers' Meeting, South Korea finally agreed to write forcedtowork.The Korean side was particular about the description because it knew that forced labor would be described as forced labor in the Forced Labor Convention at that time.Recruitment is not included in forced labor.It is stated in Article 2-2.The recruitment of the General Mobilization Order falls under paragraph (b).
South Korea opposes Japan's move to apply for the registration of Sado Kanayama as a World Heritage Site, saying it will not allow forced labor to be designated as a World Heritage Site.This is just the same view as it was on Gunkanjima.
C029 - Forced Labour Convention, 1930 (No. 29)
ARTICLE 1
1. Each Member of the International Labour Organisation which ratifies this Convention undertakes to suppress the use of forced or compulsory labour in all its forms within the shortest possible period.
ARTICLE 2
1. For the purposes of this Convention the term forced or compulsory labour shall mean all work or service which is exacted from any person under the menace of any penalty and for which the said person has not offered himself voluntarily.
2. Nevertheless, for the purposes of this Convention, the term forced or compulsory labour shall not include--
(a) any work or service exacted in virtue of compulsory military service laws for work of a purely military character;
(b) any work or service which forms part of the normal civic obligations of the citizens of a fully self-governing country;
(c) any work or service exacted from any person as a consequence of a conviction in a court of law, provided that the said work or service is carried out under the supervision and control of a public authority and that the said person is not hired to or placed at the disposal of private individuals, companies or associations;
(d) any work or service exacted in cases of emergency, that is to say, in the event of war or of a calamity or threatened calamity, such as fire, flood, famine, earthquake, violent epidemic or epizootic diseases, invasion by animal, insect or vegetable pests, and in general any circumstance that would endanger the existence or the well-being of the whole or part of the population;
(e) minor communal services of a kind which, being performed by the members of the community in the direct interest of the said community, can therefore be considered as normal civic obligations incumbent upon the members of the community, provided that the members of the community or their direct representatives shall have the right to be consulted in regard to the need for such services.
Interpretation of Former Prime Minister Abe's Preamble to the Constitution - It is necessary to revise the preamble at the same time as the revision of Article 9 of the Constitution. The following is the preamble to the Constitution of Japan. Former Prime Minister Abe, who appeared on TV as acting secretary general of the LDP in 2005, was talking about the interpretation of the preamble to the Constitution. The preamble to the Constitution is a declaration of peacekeeping on the premise that it has no military power, and it is premised that it will be supported by other countries.
How Japan enjoyed peace during the post-war Cold War, and how to maintain peace in the midst of the rise of China and the runaway of North Korea, should be discussed separately. ..
Preamble to the Constitution of Japan
The Japanese people act through their representatives in a legitimately elected parliament, ensuring the achievements of harmony with the nations and the abundance of freedom throughout our country for our descendants, the government. Decided to prevent the tragedy of war from happening again by the act of, proclaiming that sovereignty exists in the people here, and finalizing this constitution. In the first place, national affairs are based on the solemn trust of the people, whose authority comes from the people, whose power is exercised by the representatives of the people, and whose welfare is enjoyed by the people. This is a universal principle of mankind, and this Constitution is based on this principle. We exclude any constitutions, statutes and imperial rescripts that violate this.
The people wish for lasting peace and are deeply aware of the noble ideals that govern human relations, and trust in the justice and faith of the peace-loving nations. We decided to keep our safety and survival. We want to occupy a prestigious position in the international community, which strives to maintain peace and forever remove tyranny and servitude, oppression and narrowness from the earth. We affirm that the people of the world have the right to live in peace, free from fear and deficiency.
We must not concentrate on our own nation and ignore others, and the law of political morality is universal and follows this law. I believe that it is the responsibility of each country to maintain its sovereignty and to establish equal relations with other countries.
The Japanese people pledge to do their utmost to achieve their noble ideals and goals in the honor of the nation.
[Interpretation of former Prime Minister Abe] We have decided to maintain our security and survival by trusting the justice and faith of peace-loving nations. → Leave it to other countries and decide to do nothing (Abe interpretation)
We want to occupy a prestigious position in the international community, which strives to maintain peace and forever remove tyranny and servitude, oppression and narrowness from the earth. → Let's get compliments from the international community that we are working on instead of asking for something (Abe interpretation)
It is a frank opinion that seems to be the former Prime Minister Abe. Many Japanese still think that Japan's peace has been protected by Article 9 of the Constitution, but the interpretation that it was protected by the United States rather than by Article 9 of the Constitution is more realistic. prize.
On the flip side, if the United States does not protect Japan, Japan's peace will be completely destroyed.
The debate on the revision of Article 9 of the Constitution is overheating, but it seems necessary to discuss revising the preamble itself on the premise that it does not have force in the first place.
Is the Unification Church issue a problem of separation of church and state? - Abnormal public opinion that condemns people just by saying hello.
The problem started with the murder of the former prime minister
There is no law that says no to politicians getting involved in religion
What are the benefits of specific religions from the country
Incoherent media tone
The issue of the Unification Church has become somewhat incomprehensible in Japan. It is said that the mother of the person responsible for the incident in which former Prime Minister Abe was shot and killed was a member of the Unification Church, and that her past misfortunes related to this were the motive behind the incident. Former Prime Minister Abe reportedly gave a speech at the Unification Church. However, this is still just a statement before the trial. I don't even know if that's the real motive.
Politicians are often asked to attend and give speeches at meetings of various organizations. It can also be said that this is part of political activity. Some people refer to the constitutional principle of separation of church and state, but when interpreted as a law that prohibits the state from providing benefits to specific religious groups, it can be interpreted as a law that prohibits individual politicians from drinking alcohol, regardless of which religious group they greet at. It's not something I already know.
Facilitation by the state refers to the provision of advantageous systems and benefits to specific religious groups by law. Even if they say hello at the Unification Church, they will probably also visit Yasukuni Shrine, and if the Dalai Lama of Tibetan Buddhism visits Japan, will the Japanese Prime Minister meet him? He will probably meet the Pope when he visits Japan. Does this violate the principle of separation of church and state? We just met.
The problem with the Unification Church is simply a question of how to regulate large donations to religious organizations that violate public order and morals, as well as forced requests, and is far from an issue of the separation of church and state.
Public opinion without examining Abenomics - there is no point in criticizing it based on contradictory premises.
There are some surveys and opinions in public opinion that Abenomics has ruined Japan, but is that true? First of all, what is Abenomics? Were you asking people who answered the same question as in the poll, or were you asking people you didn't know? I wonder if asking someone I don't know will give me the results I expected. First, let's review the three arrows of Abenomics.
Three arrows of Abenomics
Bold monetary policyFlexible fiscal policyGrowth strategy to stimulate private investment
Monetary policy is still ongoing, but former Prime Minister Abe has said that the consumption tax increase was decided in advance and was carried out at a time when it could not be postponed, so he was unable to fire a second arrow. In other words, Abenomics is actually the first arrow in a variety of environments. In other words, I would understand if there was an evaluation of the fact that it did not advance to the second stage, but I have doubts about evaluating Abenomics itself.
Next, I will list some of the achievements of Abenomics.
Main achievements of Abenomics
The total national and local tax revenue will reach a record high of 107 trillion yen in fiscal 2019, up from 78.7 trillion yen in fiscal 2012. The stock price, which was around 8,000 yen, rose to over 24,000 yen under the Abe administration. Public pension investment profits increased by 57.6 trillion yen in seven and a half years. The effective job opening ratio was 83 job openings for every 100 people in 2012, and 164 job openings for every 100 people in 2019. Business operators improved their treatment due to the labor shortage. The minimum hourly wage rose from 749 yen in 2012 to 901 yen in 2019. The rate of children from single-parent households going on to university increased significantly from 23.9% to 41.9%.
Sanaenomics (Japanese Economic Resilience Plan) will be published. Representative Sanae Takaichi announced a policy to carry on Abenomics during the last presidential election.
Sanaenomics three arrows
Financial easingFlexible fiscal stimulus in times of emergencyBold crisis management investment/growth investment
What they have in common is that monetary easing policy will continue, and if the Takauchi Cabinet is elected, the government will implement aggressive fiscal policy.
The fact that the Japanese government's balance sheet was introduced for the first time in 1995 means that the Japanese government did not have the concept of strategic investment, which companies take for granted. How can you invest without a balance sheet or cash flow statement? It was only a matter of being able to compare the income and expenditure for a single year, or the previous year. The term "primary balance" has come to be used like crazy. At that time, Japan believed that deregulation would revive the economy, and the government repeatedly took the approach of relaxing regulations through legal revisions.
As a result, the Japanese government was unable to rebuild the national economy or make strategic investments for economic growth after the collapse of the bubble, which was an unprecedented economic crisis. More than 30 years have passed since we stubbornly closed the doors. Then, companies moved their manufacturing sectors to emerging countries, and GDP and tax revenues mainly went to neighboring countries such as China, creating a dual wage structure of dispatched labor in order to prevent an increase in the number of unemployed people in Japan. . The economic disparity that arose from this process is said to be one of the causes of the current declining birthrate.
So, has Abenomics ruined Japan? Would that also mean denying Sanaenomics? Or will we continue to turn down investments from the government as we have been doing, paying close attention to the primary balance under the guidance of the Ministry of Finance and listening to the beautiful words of fiscal consolidation? The point of contention should be to gather opinions on whether or not bold fiscal spending by the government is necessary. In any case, regardless of whether the policy is better or not, there are parts where it seems like the point at issue is not policy at all, but just an extension of a personal attack, which is unfortunate.
