Monday, August 12, 2013

Newsletter August 12th 2013

Japanese Customer Newsletter, August 12th 2013.



By

Peter Hanami





#1. Housing



"According to a survey by the land ministry, 79.8 percent of Japanese people say they want to own their own home. It’s the first time in 12 years that the figure has dipped under 80 percent."



Source: the small print, June 26, 2013, Pachinko and other piles of balls, By: Steve Trautlein, Issue: 1005, Metropolis.co.jp
http://metropolis.co.jp/features/the-small-print/june-26-2013-4/






#2. Retail sales




"data from the METI shows that retail sales increased by 0.8% in May compared to a year earlier and by 1.5% from the previous month, but large-scale retailers saw a 0.4% year-on-year decline in sales. Further, Japanese consumer prices avoided deflationary territory in May despite a surprise decline in household spending."



Source: Abenomics: Japan May Data Indicates Success of Prime Minister's Reflationary Strategy, By JERIN MATHEW, June 28th, 2013
http://www.ibtimes.co.uk/articles/484251/20130628/japan-industrial-production-consumer-prices-shinzo-abe.htm#





#3 Demographics




"For younger Japanese, living frugally has become a way of life. Shinsuke Nagata, 34, and his girlfriend, Yoko Sutani, 29, came to shop at Hankyu Umeda, but ended up buying only $4 coffees at a stand in the store’s atrium."



Source: Getting Japan to Spend, Hiroko Tabuchi, New York Times, June 28th 2013,
http://www.nytimes.com/2013/06/29/business/global/japanese-consumers-start-to-buy-tentatively.html?pagewanted=all&_r=0







#4. Mobile Apps



"more than 10 million users across Japan have signed up to its UNIQLO Mobile Members Service, through registering e-mail addresses and downloading the UNIQLO mobile phone application. …survey ….. May…. showing that about 40% of respondents access the UNIQLO site more than once a week - making it also the most used corporate application in Japan"



Source: 10mn Japanese users sign up for Uniqlo mobile service, 28th June 2013, Uniqlo,
http://www.fibre2fashion.com/news/textiles-technology-news/newsdetails.aspx?news_id=147935





#6. Quote





" custom would not allow her (Taeko)
to marry before a husband was found for Yukiko"





Source: Title: The Makioka Sisters, Author: Junichirou Tanizaki, Translated by: Edward Seidensticker, Published by: Tuttle Publishing, Tokyo, 1958, ISBN:0293-000168-4615, Pages: 530, page 11





#7. Housing





"Housing starts in Japan rose 14.5 per cent in May from a year earlier, up for the ninth straight month, data by the land ministry showed on Friday, boosted by rising demand before next year's sales tax hike and anticipation of higher interest rates ahead."


Source: Japan May housing starts rise 14.5% y/y: govt,
Reuters, June 28th 2013,
http://www.businesstimes.com.sg/breaking-news/asia/japan-may-housing-starts-rise-145-yy-govt-20130628






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© Peter Hanami, 2004 - 2013. All rights reserved. Quotes belong to respective owners. Note links to many Japanese websites expire.

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