Stay in touch with the latest and widest range of Japan News with JapanToday's News Alert newsletter.
Up to the moment news in your inbox everyday. Subscribe now!
Already a JapanToday registered user?
Login to update your settings to subscribe to News Alert.
*Required
North koreas military is a joke, their million plus army can not defend against south koreas…
Posted in: Gemba assures Yamaguchi that more U.S. troops will not be relocated there
And the chinese government still hasn't gotten it into their thick skulls that you CAN'T CONTROL…
This might be out of line, but maybe this isn't an accident. Anyone who visits this…
Risible
Posted in: Government home care scheme to be limited to 13 locations
Japan was one of the countries I was researching before the Daiichi nuclear accident along with…
Posted in: Official defends secrecy over worst-case nuclear disaster scenario
-2
pawatan
There's already a ton of cheap, quality choices here.
Posted in: Last year, Japan exported 1.5 million vehicles to the United States, while U.S. automakers exported just 8,000. Why aren't U.S. makers selling more in Japan?
0
pawatan
Well, that's the whole point of the thing so it sounds successful. I'm sure it will be better after a few software updates.
Posted in: Kindle Fire shipping to mixed reviews
0
pawatan
It's too bad. Stupid, greedy corruption takes down a long term, well respected company. I don't think Mr Woodford could do anything to save Olympus from being completely picked over at this point. Someone will buy the medical division and maybe Panasonic buys the imaging division (4/3 consortium partner)?
It's hard to see how Olympus can possibly recover from this death spiral, though.
Posted in: Olympus urged to rehire ousted British CEO
0
pawatan
NetNinja
Pushing 40, mate, and been here for years. I can defend myself and my opinions quite well, than you. I don't think Japan needs defending, but I really don't like it when people are making loud generalizations that really don't bear up to scrutiny. The funny thing is that most of the long-termers I know in real life are pretty realistic about Japan, both it's good and bad aspects. Here the dominant voices tend to be quite negative. Strange, that.
The problem sometimes with people who have been anywhere that is not their home country or culture for too long is that sometimes they become jaded by the negative things they see - soon everything is negative. Of course there are corporate scandals such as Olympus, Livedoor, etc in Japan but is that unusual in a large economy? Nah. It sucks for the shareholders and employees (and consumers - I am fan of Olympus cameras and have been for years), though.
Posted in: Olympus to correct 20 years of financial figures
0
pawatan
globalwatcher
Forgot to add - see my earlier post; I know someone personally who went to jail for corruption here. Not to mention the famous case:
http://en.wikipedia.org/wiki/Takafumi_Horie
Posted in: Olympus to correct 20 years of financial figures
0
pawatan
globalwatcher
They only went out to protect their company directors from further prosecution (and spun their consulting business to a new name). THAT'S how things are done in the US, deny, obfuscate, rebrand so nobody can see that you haven't changed. Greed is greed anywhere, that's what I have been saying.
Posted in: Olympus to correct 20 years of financial figures
0
pawatan
herefornow
It'd be very hard to convince anybody to pay 5x as much for anything regardless of quality. It better be really, really high quality to make up that difference.
I believe Japan's produce is of a very high standard but I am not paying 5x as much for it unless the other products are truly unhealthy or very poor quality. Except occasionally, much like one might buy wagyu over Aussie beef now and then.
Posted in: Food self-sufficiency a weak argument against TPP participation
-4
pawatan
GW
Agreed. But strong consideration should be given as to how to do this orderly and try to protect people's livelihood as much as possible.
Regarding the rice crop from the early 90's - it can be said that Japan is much more open to foreign things now than 20 years ago. Who can say what is the impact of a similar move today?
Posted in: Food self-sufficiency a weak argument against TPP participation
-3
pawatan
herefornow
I'm not defending the path of Japan at all. I have just been saying that the problems with Olympus are indicative of problems with OLYMPUS and nothing more. But people like to take anything negative that happens in Japan and automatically use that as an indicator that Japan as a whole is doomed. It's obviously silly to do.
Posted in: Olympus to correct 20 years of financial figures
-3
pawatan
Mr Dyloco
Well, I don't know - would it? I would argue it wouldn't - it's hard to argue with price. People choose domestic automobiles not only for quality but because they are generally the cheapest available as well.
Again, evidence? It can certainly be your OPINION that people will not jump ship but where is the evidence? Studies? Experts' thoughts?
No, because most people buy food based on price. A small few buy based on quality (or the perception of), but most don't. Food is by and large very much a commodity.
Posted in: Food self-sufficiency a weak argument against TPP participation
0
pawatan
I told you the Hawks are world-class chokers! Who were the people claiming they were going to sweep or at worst win 4-1? Well at BEST they'll win 4-2 and at worst they will be crying in the dugout again on Wednesday.
Entertaining to say the least. Love the Hawks 15 Ks in game 1.
Posted in: Dragons ground Hawks 2-1 in Japan Series opener
-3
pawatan
globalwatcher
??? They've had years and years and years to cover their tracks. This is related to transactions from a few years back to cover losses from over a DECADE ago. They've likely tossed any evidence a long, long time ago.
Posted in: Olympus to correct 20 years of financial figures
-4
pawatan
Ah, herefornow, you ARE using a crystal ball. The article says:
So, one source speculates that the SEC might do something. Rock solid there.
Apparently not.
Posted in: Olympus to correct 20 years of financial figures
-3
pawatan
herefornow
Yeah, like all 3 people prosecuted for Enron. I'm sure that was everyone involved! :rolleyes: You sure have a rosy view of the American justice system!
So you have a crystal ball now? Must be nice. Can I borrow it when you are done? This scandal is just starting to unfold, how about letting the facts come out and the legal proceedings commence before criticizing what steps are taken?
And it's certainly no given that Japan will avoid prosecuting white collar criminals. I personally know a Japanese man who spent time in prison here for corporate corruption, and it was for way, way less than the amounts involved with Olympus.
Posted in: Olympus to correct 20 years of financial figures
-5
pawatan
moomoochoo
When did I ever say that? It's completely awful and I think if there is criminal culpability (and there certainly seems to be) the guilty parties should have the book thrown at them.
Yeah, yeah, things are always getting worse everywhere, aren't they? People around the world always say their country is going into the crapper, that things aren't as good as they used to be. I don't see how a scandal at one company - OLYMPUS - is any more indicative of some precipitous decline of Japan than Enron (for example) was of the US. Wherever there is greed there will be financial scandals (and of course these are bad, and people should be prosecuted, etc etc etc. I can't believe I have to say that explicitly)
Posted in: Olympus to correct 20 years of financial figures
-3
pawatan
globalwatcher
Less than 2 weeks is a "long time"? It wasn't clear at first what was the origin of the strange payments. Now it's clearer, so the wheels of justice can turn. Or is everything supposed to happen instantly?
Posted in: Olympus to correct 20 years of financial figures
-5
pawatan
herefornow
MORE Japan hate! Every single thing you post is about how messed up Japan is, and how you are happy to be gone.
Japan is the world's number three economy - it's taken very, very seriously by everyone except ex-residents with axes to grind. This scandal is about OLYMPUS not Japan as a whole. You can make a long, long list of similar corporate governance scandals from countries around the globe, it's not a Japan exclusive. Greed is greed. It's still to be seen who is to blame, what are the repercussions, and who will be punished.
Posted in: Olympus to correct 20 years of financial figures
-1
pawatan
See what? Everybody including the people running the show knows it's not in good shape. Even TEPCO is reporting that.
Posted in: Japanese, foreign media allowed into Fukushima nuclear plant
2
pawatan
What do you mean by "hand picked", hoserfella? There's only 30 of them, how else would they be chosen?
Posted in: Japan to open Fukushima reactors to media for 1st time since March 11
0
pawatan
I think some of you are taking this a wee bit too seriously. Japan Post is a private company trying to make money - AKB is popular, like them or not. Seems like a good idea to make money.
Posted in: AKB48 members to appear on stamps