ABSTRACT

 As the world's third-ranking economic power, Japan's style of management, such as the lifetime employment system, the seniority system, and an enterprise union, has been well studied. However, little else is known about the Japanese management control systems (MCSs) and management accounting systems, which are significantly different from other economic powers.

This book sheds light on Japanese MCSs and the differences with those of the United States, illustrated with examples from Mitsubishi Electric, Kao, and more. This book aids not only researchers in management accounting, but also provides more useful insight for international investors and management accountants that can prove useful in business management.

chapter 1|10 pages

Introduction

What are management control systems in Japanese companies?

chapter 2|9 pages

Management control systems

Definitions and development

chapter 3|15 pages

Cost allocation systems

ABC versus Japanese cost accounting innovation

chapter 7|12 pages

Performance measures

ROI, ROS, ROE, and EVA®

chapter 8|14 pages

Management of advertising expenses in KAO

chapter 9|13 pages

Transfer pricing in Mitsubishi Electric

chapter 11|15 pages

Microprofit centers

Amoeba system in Kyocera

chapter 12|12 pages

The story of a comeback from bankruptcy

Japan Airlines