UK Foreign Corporate Takeover and the Slippery Road of Corporate Japan

Disir

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Sep 30, 2011
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Corporate Japan, based on the political concepts of Yoshida Shigeru in the early post-World War Two years, seems to be showing the first signs of withering in a similar style to the United Kingdom. Of course, other multi-national companies in Japan have witnessed international investment, but the feeling is that structural problems – and new political and business concepts – are emerging whereby foreign capital seems the easy solution. Therefore, the next stage of more open immigration will probably follow on the anti-British path of internal erosion, based on self-defeating politicians and business elites that seek the easy option.

Sharp Corp. and Toshiba Corp. are like slumbering British companies of yesteryear that either collapsed or were taken over by foreign companies. Indeed, for Sharp Corp., they made history, albeit not particularly good history. This applies to this company being the first powerful Japanese electronics company to lose control of the company, by enabling a foreign company to take an 80.1% controlling stake.

Of course, for liberal capitalists then this takeover will be welcomed. Yet, a look at the United Kingdom doesn’t bode well. After all, from the nuclear sector to heavy investment in other powerful sectors like the car industry, to the national sport of football, it is all about foreign companies taking control – or for British labor to make money for foreign entities, for example, the car sector. On top of this, mass immigration and the mantra of a flexible labor market (often equals the erosion of working rights and an attack on pensions), means that little is left of a once powerful manufacturing and business nation, apart from corporate buyouts, exploitable labor, a cultural demarche and relying on international capital.
Modern Tokyo Times | UK Foreign Corporate Takeover and the Slippery Road of Corporate Japan

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