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    REAL ESTATE

    PROFESSIONALS in theINTERNATIONAL CONTEXTDr. Jef Gale

    Ayodeji Egbeyemi

    Courtney Pickard

    Derek Pugh

    Elaine Ferritto Calip

    Jefrey Anglada

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    JAPANThe Economic Progression post World War II

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    Japan World War II

    1937: The second Sino-Japanese War broke out

    1940: Japan signed theTripartite Pact with Nazi

    Geran! and "ascist Ital! Japan occupied "rench

    Indochina 1941: Japan attacked the #llied

    powers at Pearl $arbor 1942: The battle o% &idwa!

    occurred

    August 1945: #toicbobings o% $iroshia andNagasaki

    Sete!"e# 1945: Thesurrender o% the 'pire o% Japan

    The leading zaibatsu (&itsui)&itsubishi) Suitoo) and *asuda+

    continued to ha,e a coandingcontrol o% Japans 'cono!

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    Post War "acts /.01 illion Japanese ser,iceen and

    one illion ci,ilians died as a result o%the war

    The bobing destro!ed one-2uarter o%the countr!3s wealth

    4ural li,ing standards were estiated toha,e %allen to 567 o% prewar le,els andnon rural li,ing standards to about 867

    "or about 55 a9or cities) about 87 o%

    their populations hoeless

    In Tok!o) the largest etropolis) 567 o%all residences were destro!ed

    "ood shortages becae a huge concern

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    The #llied occupation o% Japan at the end o%World War II trans%ored the countr! into adeocrac! that recalled /;8s #ericaneiretsu structure o% copanies

    4econstruction e?orts were lead b! General&ac#rthur

    @ccupation and 4econstruction o%Japan

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    Japanese Aonstitution o% /;10

    The progressi,e constitution granted uni,ersal su?rage) stripped'peror $irohito o% all but s!bolic power) stipulated a bill o%rights) and abolished peerage.

    It also strengthened the powers o% Parliaent and the Aabinet)and decentralized the police and local go,ernent

    #rticle ; o% the Aonstitution was created to outlaw war and guardagainst reilitarization

    The Japanese go,ernent now has legislati,e) eBecuti,e) and

    9udicial branches as well as local go,ernents.

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    C;

    /Dillion

    Es

    Treasur!

    C/5

    billion&arshall

    Plan

    $7%90

    &trillion

    F5*ear

    s%unding

    67&ore

    people 215*ears%unding

    C1

    6DillionES

    Interstate

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    'conoic Growth

    Haws were passed to allow %ree trade unions

    Growth #ge (/;6s-/;08+ /;51 @l!pic Gaes were held in Tok!o

    /;5/ the Dasic #gricultural Haw was enacted /;51 the New Tokaido 4ailwa!

    In the earl! /;Fs) there was pressure to open ore tradearkets to ore ES iports

    The Japanese did %ace econoic probles in the late /;Fs

    Eneplo!ent rose to 8. percent in /;F0 @ctober ) /;F0) the Tok!o Stock &arket crashed

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    SigniLcant Industries

    #utoobile While in eBistence in Japan since /;) it did not

    signiLcantl! a?ect Japan3s culture until a%ter World War II The #erican

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    '((n T)*(+

    E,)n)!i, Sn(sh)t N(tu#(- Res)u#,es Te,hn)-)g+

    Re(- Est(te P)-iti,s .(n(ge!ent P#in,i-es

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    'conoic Snapshot Worlds 3rdLargest Economy

    Fiscal deficits eqi!alent to 8.4%of "#P last year$ and had a p%lic&sector de%t 'orth 243%of "#P$%oth the highest among ma(or economies

    )*+3 "#P in Japan as of last year 'as 'orth ,-./*) trillion

    0ost rapidly aging society in the 'orld$ 'ith a qarter of the poplation already o!er 12 years of age.The 'orforce is also shrining$ 'hich cold %ecome a considera%le drag on gro'th.

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    Iigration

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    Technolog!

    I!)#t(n,e )/ Te,hn)-)g+M $elp the worldM &ankind can beneLtM Header in 'lectronics) #uto)

    4oboticsM Header in research

    A,,ess (n* #(te )/ ,h(ngeM Technolog! changing at

    eBponential rateM GlobalizationM @utsourcing

    I!)#t(n,e )/ Te,hn)-)g+ )utsi*e'((n

    M Sell their technolog! to othercountriesM @utsource technolog!M Duild cars outside JapanM Iport and eBport coponents T) C)!(nies

    Aut) In*ust#+: To!ota) Nissan) Isuzu) &azda and&itsubishi

    M Te,h In*ust#+: Son!) Panasonic) Toshiba

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    Aurrent Political 'n,ironent(-present+

    2 .()# )(-s 'conoic Growth #cti,e International role with ared

    %orces

    Inte#n(ti)n(- Re-(ti)ns Shinzo #be and Ahinese President i

    Jinping Japans alliance with ES

    Japans relationship with S. >orea O#benoics

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    Natural 4esources

    St#)ng Res)u#,es: "isher! Q #2uaculture #griculture

    $!droelectric Industries 4are 'arth =eposits

    e( Res)u#,es: Worlds largest iporter o%

    coal and natural gas nd largest iporter o% oil

    Sust(in("i-it+ (n*C)nse#(ti)n

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    Japanese &anageent Aulture

    R Principals

    Kaizen in the workplace: Ne,er-ending e?orts%or ipro,eent in,ol,ing e,er!one in theorganization anagers and workers alike

    Japanese anageent Kaizentea has twoa9or coponents - aintenance andipro,eent.

    Hi%etie eplo!ent and Seniorit! S!ste

    >aroshi - =eath %ro @,er Work

    Kaizen noun.Ahange %or the betteripro,eent

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    Uaibatsu ,. >eiretsuCu##ent In*ust#+ #)u T+es

    The 6ig &

    $orizontal relationships (spread across di,erse Lelds+

    descendants o% the pre-war zaibatsu

    8e#ti,(- C)!(n+ #)us

    held together b! capital ties (large scale enterprise+

    centers on a principle bank

    Su-ie# Re-(ti)nshis

    independent industrial anu%acturers) subsidiaries) aVliates)and suppliers

    concentrates in particular industries

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    Japanese &anageent Aulture RPrincipals

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    4ole o% "oreign A'@s

    $oward Stringer (Welsh+) A'@ Son!Aorporation

    Stock %ell 067 during his tenure

    Stringer stepped down / Son! hires >azuo $irai

    Aarlos Ghosn ("rench-Hebanese-Drazilian+ A'@ o% Nissan Q O&r. "iB It

    #ggressi,e downsizing capaign that turnedNissan around %ro near bankruptc!

    4estructuring that deLed traditional Japanesebusiness eti2uette

    &ass arket zero-eission electric car (4enault-Nissan+

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    uestionsX

    Mount Fuji and Tokyo skyline