A PRESENTATION ON JAPAN TECHNOLOGY , ENVIRONMENT AND LEGAL

Presented To : Respected faculties Presented By: Patel Karishma(11MBA10) Aghara Disha(11MBA57) Patel Hina (11MBA55) Darji Palak (11MBA18) Parmar Varsha (11MBA03)

Japan law
Retirement

Age of Employees

Most companies have their employees retire at age 60. But the age at which government pensions kick in is steadily rising and will continue to do so.

From April 2004, the age at which government pensions will kick in will raised be to 62. Under present plans, it is planned to increase steadily until it reaches 65 in 2025.

Japan Law
The
In

(contd)

minimum amounts as initial capital for establishing the company

the New Company Law, the restriction of the minimum amounts of the initial capital has been abolished. The minimum amounts that had to be invested upon companies establishments in old Commercial Code and the Law of Yugen-Gaisya (YK a limited company), with which you were not able to establish a company without investing 3 million yen or more for a YK, or 10 million yen or more for Kabushiki-Gaisya (KK - a stock company). Now you can set up a company with only one yen or above as the initial capital.
source: http://www8.ogn.ne.jp/~risk21/company-law.htm#1)

Japan Law
Amendment

(contd)

to the Labor Standards Act

The Labor Standards Act of Japan was recently amended for the purpose of maintaining workers health and achieving work-life balance by seeking to limit long working hours. The amendment will become effective on April 1, 2010. Increase in the Overtime Work Compensation Rate: Under the amendment, if an employee works overtime and the amount of overtime exceeds 60 hours in one calendar month, the employer must pay extra overtime compensation that exceeds, by at least 50%, the regular, non-overtime wage. The amendment will not affect the holiday work extra pay ratio (35%) and late-night work extra pay ratio (25%).

Technology Of Japan
Japan is the only country in the world that has the largest international conglomerates like sony, canon, panasonic fujitsu, sharp, Htachi, NEC,Epson and Toshiba. Then in the other fields Honda, Mazda, Nissan, Toyota, Nintendo, Mitsubishi and subaru are the greatest companies known in the world. Japan is well known for its automotive and electronics industries throughtout the world, and japanese electronics products accounts for a large share market compared to majorieties of other countries

Technology Of Japan

Since Japan is much dependent on imported fuel, nuclear energy has become Japans priority. Presently, Japan is the third largest nuclear power in the world. It has 55 nuclear reactor now. They provide japans 35% of electricity Japan is the only country in the world that has the largest international conglomerates like sony, canon, panasonic

Technology Of Japan (contd)

Japan is a one of the leading nations in the field of scientific research,technology machinery and medical research with worlds third largest budget for research and development at $130 billion USD. Japan has received the most science noble prizes in Asia.

Thank you