Why do Japanese companies branch out into so many totally unrelated areas of business? Second attempt

One reason is to find jobs for people moving out of shrinking parts of the business rather than making them redundant

Why do most Japanese households have a fax machine?

“Everybody had to have a fax machine in Japan… because nobody would come to your cocktail party if you didn’t fax every guest a map of how to get there” Read the rest of this entry »