ABSTRACT

The securities houses have branches in most major shopping areas and anyone can go in and gaze at the ‘big board’ with price changes showing up minute by minute. Unlike a British brokerage house, the sales personnel in Japan sit at a counter and wait for the customer to come to them. There are several stock markets in Japan, nationally independent of each other, but the one that matters is the first section of the Tokyo Stock Exchange. Foreign interest in the Japanese market is growing, and the Japanese themselves are becoming increasingly involved in foreign markets although 86 per cent of their overseas investment continues to be in the US The implicit objectives of a kabushiki kaisha are to form a group to cooperate in an enterprise, profit and market share and thereby to raise the standard of living of the inner group the outer groups and ultimately of the supreme group, the people of Japan.