Rudlin Consulting Rudlin Consulting
  • About
  • Services
  • Blog
  • Clients
  • Publications
  • Contact us
  • Privacy
  • English
  • About
  • Services
  • Blog
  • Clients
  • Publications
  • Contact us
  • Privacy
  • English
  •  

economy

Home / Posts Tagged "economy"

Tag: economy

Japan’s graduates choose stability, career development and work/life balance in the services sector

For the past 5 years one of Japan’s mega banks has always occupied the number 1 spot as the employer most popular with Japan’s new graduates.  This is the first time in 9 years that the airline ANA has been the most popular in Toyo Keizai’s annual poll of online users of its graduate recruitment website.

The airline is particularly popular amongst female graduates, for a number of reasons.  Not only are cabinet attendants considered as being part of the graduate recruitment track, but there has also been an increase in the number of women who are put onto the global staff management track.  Its training and development programme is also highly regarded.  Toyo Keizai adds there has been an overall increase in popularity of travel related companies such as JTB (Japan Travel Bureau – at #7) and JAL.

Financial services dominate top 10

Nonetheless, financial services employers continue to be popular – MUFG continues in the #2 spot and although Mizuho has fallen from #1 to #3 and Sumitomo Mitsui Banking Corp has dropped from #9 to #19, Nomura is at #4, Nippon Life at #5, Daiwa Securities  at #6 and Sompo Japan Nipponkoa (insurance) at #8.

Graduate popularity rankings are keenly watched by the companies themselves.  Although lifetime employment is fading slowly, graduate recruitment is still seen as the the “one time chance” of recruiting and being recruited for many employers and employees.  The relative movements show the reputation of the companies and also the trends in Japanese society and the economy.

Electronics and trading companies losing popularity

So it’s not surprising that electronics companies, trading companies and Dentsu (particularly after the suicide of one of its graduates a couple of years’ ago) have all slipped in popularity.  Itochu is the top ranked trading company at #26 (down from #17 the previous year).  Dentsu is at #41, down from #35 whereas its rival Hakuhodo has risen from #32 to #14.  Mitsubishi Corp is at #44 down from #31, Marubeni at #50, up from #53 but Mitsui has dropped to #85 from #42 and Sumitomo Corp from 62 to 87.   As previously blogged, trading companies offer the highest starting salaries, but also the longest working hours.

Amongst the electronics companies, Sony is recovering, at #127 up from #162 but Fujitsu has dropped from #170 to #210, Canon is at #227 down from #126, Mitsubishi Electric down to #154 from #104 and Panasonic is at #156, down from #88. Hitachi is not much changed – at #139, compared to #136 the previous year and NEC only just makes it into the Top 300, at #292, down from#238 the previous year.  Toshiba does not rank at all, unsurprisingly.  In fact Toyo Keizai’s most recent cover story is “Where can all the 160,000 Toshiba employees go?”  Apparently so many are fed up with Toshiba’s slow death, that they are looking elsewhere for employment, but of course the Toshiba name is tarnished.

Automotive and internet sectors improving but still not in the top half

Automotive companies, still seen as Japan’s strongest brands outside of Japan, seem to be less strong in attracting domestic graduates. Apart from Toyota (at #57, up from #78), the other manufacturers do not even make it into the top half of the rankings – Honda is at #171 down from #154 the previous year, Mazda up to #187, from #232 the previous year, Denso, the major automotive parts supplier in the Toyota group, is at #193, up from #237, Nissan down to #273, from #217 the previous year.

Technology “newcomers” seem to be regaining popularity but are not back in top half either –   SoftBank is at #186, up from #234, Rakuten at #205, up from #225, Google at #278 up from #323 and Amazon at #283 up from #394.

So overall, Japan’s graduates seem to be still seeking stability, work life balance and career development, but in the services sector – which seems a pretty fair summary of Japan’s current economic and social situation.

For more content like this, subscribe to the free Rudlin Consulting Newsletter. 最新の在欧日系企業の状況については無料の月刊Rudlin Consulting ニューズレターにご登録ください。

Share Button
Read More

Last updated by Pernille Rudlin at 2017-04-17.

Recent Posts

  • Top 30 Japanese Employers in Italy 2022
  • Top 30 Japanese Employers in Germany – 2022
  • People rather than shareholding unite Japan’s conglomerates
  • Pernille Rudlin gives evidence to the UK Trade and Business Commission on UK-Japan trade and business relationships
  • Japanese manufacturing in the UK – resilient, but not growing

Categories

  • Africa
  • Brexit
  • China and Japan
  • Coaching
  • Corporate brands, values and mission
  • Corporate culture
  • Corporate Governance
  • cross cultural awareness
  • CSR
  • customer service
  • Diversity & Inclusion
  • European companies in Japan
  • European identity
  • Foreign Direct Investment
  • Globalization
  • History of Japanese companies in UK
  • Human resources
  • Innovation
  • Internal communications
  • Japanese business etiquette
  • Japanese business in Europe
  • Japanese customers
  • M&A
  • Management and Leadership
  • Marketing
  • Middle East
  • negotiation
  • Presentation skills
  • Reputation
  • Seminars
  • Social & Digital Media
  • speaker events
  • Trade
  • Uncategorized
  • Virtual communication
  • webinars
  • Women in Japanese companies
  • Working for a Japanese company
  • Zero carbon

RSS Rudlin Consulting

  • Top 30 Japanese Employers in Italy 2022
  • Top 30 Japanese Employers in Germany – 2022
  • People rather than shareholding unite Japan’s conglomerates
  • Pernille Rudlin gives evidence to the UK Trade and Business Commission on UK-Japan trade and business relationships
  • Japanese manufacturing in the UK – resilient, but not growing
  • A very timely introduction of a new trade compliance diploma from the International Trade Institute
  • UK no longer the biggest host of Japanese automotive manufacturing in Europe – and the rise of Africa
  • UAE and Japanese companies – diversity and decarbonization
  • Trends in Japan owned financial services companies in the UK
  • Working from home means you won’t get promoted – in Japan and elsewhere too?

Search

Affiliates

Japan Intercultural Consulting

Cross cultural awareness training, coaching and consulting. 異文化研修、エグゼクティブ・コーチング と人事コンサルティング。

Japan Intercultural Consulting EMEA

Japan Intercultural Consulting UK

Japan Intercultural Consulting France

Japan Intercultural Consulting Germany

Professional Services Alliance

Translation, recruitment, market research and legal services for companies doing business in Japanese. 通訳・翻訳、人材紹介、市場調査・参入支援、法務全般

PS English

PS English has specialised in teaching English to Japanese people in the UK since 2001. PS Englishは、2001年以来、英国で日本人を対象に英語のレッスンを提供してきました。

LinguaLift

LinguaLift provides guidance to thousands of busy Japanese language learners through a course structured so that you always know what to do next.

Subscribe to our mailing list

* indicates required
Email Format

To receive the newsletter, please tick "Email" below. Rudlin Consulting Ltd will also use the information you provide on this form to be in touch with you and to provide updates and marketing by email.

You can change your mind at any time by clicking the unsubscribe link in the footer of any email you receive from us, or by contacting us at pernilleatrudlinconsultingdotcom. We will treat your information with respect. For more information about our privacy practices please visit our website. By clicking below, you agree that we may process your information in accordance with these terms.

We use MailChimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to MailChimp for processing. Learn more about MailChimp's privacy practices here.

Recent Blogposts

  • Top 30 Japanese Employers in Italy 2022
  • Top 30 Japanese Employers in Germany – 2022
  • People rather than shareholding unite Japan’s conglomerates
  • Pernille Rudlin gives evidence to the UK Trade and Business Commission on UK-Japan trade and business relationships
  • Japanese manufacturing in the UK – resilient, but not growing

Rudlin Consulting on Twitter

  • British ad giant WPP looking for opportunities in aging Japan - has just appointed Kyoko Matsushita to CEO - headin… https://t.co/zpH7FPE1pg about 15 hours ago from Twitter Web App ReplyRetweetFavorite
  • @jessphillips being brilliant right now on @Channel4News about the underlying power relationships and sense of self… https://t.co/20MHTrhTnT 06:14:49 PM July 01, 2022 from Twitter for Android in reply to jessphillips ReplyRetweetFavorite
  • That's the trouble about getting tangled up with despots in business - precisely because you justify it as being go… https://t.co/15JjEESrcN 08:41:24 AM July 01, 2022 from Twitter Web App ReplyRetweetFavorite
  • Fujifilm to pump $1.6bn into biopharma in U.S. and Europe - although the article does not mention the UK, I'm guess… https://t.co/stZ8w89de6 08:14:37 AM June 30, 2022 from Twitter Web App ReplyRetweetFavorite
@pernilleru

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
Privacy Policy

Privacy Policy

Web Development: counsell.com