Why do Japanese companies have a reputation for being more interested in market share than profit?

It’s a natural reaction to an economy that grows rapidly for 30 years- if the market and your competitors grow and you don’t, you basically disappear. As predicted by this theory, businesses have been much more interested in the bottom line since the growth finished. In other words, despite what 90% of books about Japan say, there is nothing special about Japan in this case. The same is true of China now and was true of America in the late 19th and early 20th centuries.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: