1. Briefing on Japanese Economy and Business The Sixth Biennial International Business Institute For Community College Faculty May 17, 2005 8:15am to 9:00am Toshikata Amino Visiting Professor Kansai University of International Studies, Japan

2. Current Status of Japanese Economy Japan is now finally getting out of long sluggish economy since 1991 、 however not stable yet

3. Japanese Government’s Official Economic Report, April ‘05 1Corporate profit is increasing and also investment is slowly increasing 2Consumer expenditure is improving 3Unemployment ratio is still a concern however we see a sign of improvement 4Export is weak and domestic production is not increasing

4. GDP Forecast for 2005 0.6% (Past couple years – minus or zero%)

5. History of Real GDP Unit \100 Million or about $1 Million

6. History of GNP

7. Bankruptcies-Decreasing

8. Relatively High Unemployment

9. Impacts of Sluggish Economy to Household Savings and Debts of Salaried Workers’ Household

10. Household Saving Ratio

11. Strong Yen made Japanese Manufacturers difficult to export

12. Overseas Investment

13. Overseas Production Ratio

14. For Example – Auto Industry Export from Japan

15. Overseas Production - Automobile

16. Japan’s Problem-Aging Japan is Fastest Aging Country

17. Birth Rate is decreasing

18. Life Expectancy – Higher and Higher!

19. Population Forecast

20. Distribution of Japanese Population

21. Decreasing Labor Forces

22. Foreign Labor Forces

23. Social Security in danger

24. Some Impacts - Examples Beer Consumption

25. Examples (Continued) College Enrollment

26. China Impacts GDP Trade

27. China Impact (Continued) Real Economic Growth Rate

28. China Impacts China for Japan 90 th Low wage labor for manufacturing. Products for Japanese market Manufacturing bases for global market 00 th Huge potential market

29. China Impacts (Continued) China is becoming the most important trade partner

31. China Impacts (Continued) Trade Surplus with China Deficit

32. More college students from China

33. Interesting Social and Economical Phenomenon Rapidly increasing number of mobile phones

34. Internet Users

35. (Continued) Health conscious Japanese are not helping MacDonald Hamburger

36. Land Price Come to Tokyo, build your house

37. Thank you for your listening e-mail aminousjpn@aol.com