Vol. 7 Taking stock of well-roosted markets
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- Taking stock of well-roosted markets
- Featured Companies on CareerCross
- Quest Software K.K. - Software Development
- Teamstudio Japan K.K - Software Asset Management
- Japan Market Intelligence (JMI) - Market Research
- Something to be thankful for
- Job Spotlight / Hot Jobs
- System Engineer - Salary: 5 million yen - 6.5 million yen
- General Manager of HR - Salary: negotiable, based on experience
- Business Analyst for a leading ON-LINE International Advertising firm - On-line Sales
Taking stock of well-roosted markets
Instead of betting on a bull market, many business owners in Japan will be turning to the rooster this month. As Tori no Ichi, or the Festival of the Rooster, approaches in triplet this year (November 4, 16 and 28), those praying for success in business at Otori Shrine in Tokyo's Asakusa will likely multiply by the thousands. As local lore has it, when the Sun god was lured from hiding in a cave a perched rooster signaled the return of daylight and has been a good omen ever since.
The festival has been held on days of the rooster (according to the Chinese calendar) in November throughout Japan since the Edo Period (1603-1868). Local vending stalls sport decorated kumade, or rakes, to literally rake in the profits, which many no doubt do during the festival.
With the recent buzz about the New York Stock Exchange in talks to tie up with the Tokyo Stock Exchange many - with rakes in hand - may already anticipate the auspicious gaze of the rooster. It seems especially promising as the NYSE announced its $10 billion merger with pan-European bourse Euronext in June to create the worlds first intercontinental market. But there's no need to go off halfcocked and start counting eggs before they hatch. The Dow Jones, for example, may be boasting a record high, but experts are already warning that it may be too out of whack with other indexes to rely on. While the TSE will soon answer in court for a trading gaffe that cost Mizuho Securities 40.7 billion yen. It seems there's no lack of need for experts in stock exchanges, as well as the companies whose stock they trade. You can bet that as both merge to compete globally, legal, paralegal and especially compliance experts will be in high demand.
Check out the scores of opportunities already available at: http://www.careercross.com/en/022500_careercross.html.
Featured Companies on CareerCross
Quest Software K.K.
Quest Software, Inc. delivers innovative products that help organizations get more performance and productivity from their applications, databases and Windows infrastructure.
Teamstudio Japan K.K.
We are a privately owned software company, specializing in software tools for Lotus Notes application development organizations, and have a close business partnership with Lotus/IBM. Our tools help bringing best practice controls and standards to Lotus Notes development environment, deployment process, and asset management procedures.
Japan Market Intelligence (JMI)
We provide marketing consultancy based upon innovative market research solutions. Currently seeking a Senior Manager and a Marketing Research Consultant who joins our team.
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FitnessJP, Japan's Premier Fitness Webzine
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Something to be thankful for
With the economy looking up, Kinro Kansha no Hi, or Labor Thanksgiving Day, offers much to be grateful for. Rooted in centuries-old tradition, the November 23 holiday was originally a time when thanks were given for having successfully labored year round, as well as for the harvest. Since it was instituted as a national holiday after the war, the day has also come to mark the benefits of basic human and workers' rights enshrined in Japan's postwar constitution. So how do we workers fair this harvest season anyway?
On average, workers in Japan earn about 285,412 yen a month, the Ministry of Health Labor and Welfare reports. That's down by 0.2 percent from the previous year. In all, the real wage index has dipped by 1.8 percent. The number of regular workers nudged up 1.2 percent in August over the same month last year (1.1 percent for full time and 1.6 for part time). The average number of hours worked by regular workers has also slipped by 0.3 percent to about 37 per week. Now for many, that's something to be thankful for. But if you work for a large company and are among the thankless consider this: Big firms will be doling out 2.75 percent more in winter bonuses this year, according to a Japan Business Federation survey. It makes for a record 878,071 yen per employee on average.
Getting grateful yet?
Job Spotlight / Hot jobs
System Engineer - Salary: 5 million yen - 6.5 million yen
We are looking for a billigual (Japanese/English) programming softwear engineers with more than 2 years expereince who are familiar with UNIX, SQL, Oracle, and Java.
General Manager of HR - Salary: negotiable, based on experience
Our client, a major international Property Management organization, is seeking a highly motivated individual with a proven track record of HR Generalist skills and Management experience.
Business Analyst for a leading ON-LINE International Advertising firm
Responsible for analysis and reporting of operational performance and trends for Editorial and Customer Operations in Japan, providing support to the management team in operational planning, and working with business managers to improve operational performance.
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FocusJapan, English Language Resource for people living, working or doing business in Japan
Focus Japan is an English Language resource for people living, working or doing business in Japan. Our Links directory contains links to various businesses and services for the Japan market, the Japan Guide provides a wealth of articles and information on living, working and studying in Japan while the forums are a place to share views and ask advice.