Also relevant to the preceding topic of Principles and Practices of Business in Japan, the following additional comments about doing business in Japan can be categorised as local conditions. The ageing population When contemplating product types that have the potential for acceptance in Japan, it’s worthwhile looking both to internal social pressures in Japan and current worldwide trends. As noted earlier, one issue currently of critical importance in Japan, and increasingly into the future, is the ageing of the population. The present fertility rate, of around 1.2 children on average born … [Read more...]