JAPAN NEWS AND DISCUSSION
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- Assistant Language Teacher - TOKYO - late-March start
- Interac, Tokyo
- Salary: ¥230,000 ~ ¥255,000 / Month
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- Assistant Language Teacher - Kanagawa Prefecture - late-March start
- Interac, Kanagawa
- Salary: ¥230,000 ~ ¥255,000 / Month
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- Part Time Assistant Language Teacher - Kanagawa Prefecture - late-March start
- Interac, Kanagawa
- Salary: ¥9,000 / Day per 4 class shift
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Kronos
It is a mystery to me why people are protesting about compensation in finance and not about the compensation in sports. These salary levels are absurd. And these numbers do not even include endorsements. If $112 million is too low, how much is enough?
Posted in: Fighters manager says $112 mil too low for Darvish
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Kronos
Very difficult situation. For those who are young and physically able, the best solution could be to leave and go somewhere else to start up a new life. However for those who are not young or retired, it is very very tough. Good luck to them all.
Posted in: Difficulty in becoming accustomed to living in temporary shelters is causing sleeping disorders as well as a loss of purpose in survivors who have become unemployed.
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Kronos
So Japanese government is worried they will not be able to sell their bonds anymore? Well, maybe it is about time they did something with that debt.
Also I am a bit confused about this line in the article.
So the risk Japan is worried about is Japanese subsidiaries of foreign banks leaving Tokyo - not the other way around as the title implies?
There is another sentence which also says
But I am not sure if they are too worried about that.
Posted in: Japan says U.S. reforms could force its banks out of Wall Street
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Kronos
It says that HSBC sold the unit for $ 2.7 million. But the above sentence indicates that the gross assets are worth that much. It does not make much sense that Credit Suisse paid full price for the gross assets. I am sure this business had liabilities.
I do not think they disclosed the sales price..
Posted in: HSBC offloads Japan business to Credit Suisse
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Kronos
Nothing surprising about it. Non-voting preferred share offers so that the current directors can keep their positions and the status quo. Woodford can very well give up on any hopes of getting back to Olympus.
Posted in: Olympus eyes $1.3 bil equity offering
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Kronos
Actually I support the Australian government on this. Adults may decide what is good or bad for their health but the major effect of this will be to prevent youngsters to get started and hooked up and that in itself is a great thing.
Posted in: Philip Morris sues Australian gov't over cigarette pack law
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Kronos
They may join but still keep the barriers up by working around the rules.
Posted in: U.S. lawmakers wary of Japan joining TPP pact
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Kronos
So there are other flowers?
Posted in: Nozomi Sasaki's beauty secret - living without stress
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Kronos
He is still with the firm and noone has answered where the money went. Just getting him out of the spotlight.
The shares have been fluctuating for the past few days. Speculators are taking them for a ride.
Let's see if they will really answer where the money went in this press conference, but I doubt it.
Posted in: Shares in Japan's Olympus jump after chief quits
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Kronos
@ Spidapig
It is not about where you are, it is about being prepared. Underdeveloped countries have more problems with their infrastructure than developed ones. Japan has constant earthquakes, but they are also prepared against them.
I do not believe natural disasters were high up in companies' forecasts when they were relocating their production, though that might change soon.
Posted in: Thai flooding halts car production by all 9 Japanese automakers
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Kronos
He is just warned? Life is cheap I guess..
Posted in: Sumo stablemaster warned for beating wrestlers with golf club
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Kronos
And could Mr.Ghosn suggest how the government can do that?
Is he suggesting that the government should keep printing money, sell Yen but risk inflation? Or maybe he has some other suggestions. It would be grateful if he could share it with us instead of just complaining about it.
It is very tiring to see all these people talking crap about the high Yen and the J-Government but not suggesting any solutions.
Posted in: Business people, when they make a decision about where to source a new project or where to source new parts or where to source a new car, well, at 76 yen to the dollar it’s very easy to come to the conclusion that Japan is not a good place to source that.
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Kronos
@rarara:
Yes, the purchases have been made between 2006-08. But I do not know how much Woodford knew or he did not know or what kind of person he is. It seems that you have some inside information regarding Woodford's character and his responsibilites in the firm.
In any case, it is not much relevant. I would also sell Olympus shares even if these details did not make it to the news. Hiring nad firing CEOs is not a child's play and indicates serious governance issues.
Posted in: Olympus shares plunge 24% following British CEO's ouster
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Kronos
For those who are interested in details. From Wall Street Journal
http://online.wsj.com/article/SB10001424052970203658804576634792112130906.html
Posted in: Olympus shares plunge 24% following British CEO's ouster
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Kronos
Actually there are more details in the press. Michael Woodford was investigating payments made to a shady financial advisory firm for purchases of Companies made by Olympus. Apparently substantial amount of payments were made and then the financial advisory company disappeared into thin air.
The Board did not give him a proper reply regarding the money. He wrote a letter asking the board members to resign. Then got fired.
It is no wonder the investors are selling off the stock.
Posted in: Olympus shares plunge 24% following British CEO's ouster
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Kronos
Jesse Custer from Preacher series, John Constantine, Batman from Alan Moore's "Dark Knight Returns", Neil Gaiman's Sandman
Posted in: Who is your favorite comic book, movie or TV superhero?
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Kronos
Are the rights to iPhone 5 up for grabs as well? i.e. is Softbank's exclusive hold on iPhone distribution over?
Posted in: KDDI to sell new iPhone in Japan, ending Softbank's domination
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Kronos
Egypt is practical.
Posted in: While European countries impose prefecture-by-prefecture restrictions, Egypt bans Japanese food imports all together.
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Kronos
Re: Privacy
I think the fact that you can use aliases in Mixi goes a long way. I still have my real life friends on my friend's list, but I do not want to publish my every detail on the internet for the world to see.
Posted in: Mixi spokesman gives views on Facebook, Twitter & social media in Japan
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Kronos
I like Mixi's privacy. I prefer Mixi over FB anytime.
Posted in: Mixi spokesman gives views on Facebook, Twitter & social media in Japan