Japanese Business Glossary

包括利益 (hokatsu rieki) in Japanese refers to "comprehensive income" in accounting and finance. Comprehensive income includes all changes in equity during a period except those resulting from investments by owners and distributions to owners. It encompasses both net income and other comprehensive income (OCI). Net income is derived from regular business operations, while OCI includes items such as foreign currency translation adjustments, unrealized gains or losses on certain types of investments, and pension liability adjustments. By considering both net income and OCI, hokatsu rieki provides a more complete picture of a company's financial performance and health. This measure is crucial for investors, analysts, and stakeholders who need to understand the full range of economic events affecting a company.

小売業 (kourigyo) in Japanese refers to the retail industry. This sector involves the sale of goods and services directly to consumers for their personal or household use. Retail businesses operate through various formats, including physical stores, online platforms, and direct sales. Common examples include supermarkets, department stores, convenience stores, and specialty shops. The retail industry plays a crucial role in the economy by connecting producers with consumers, facilitating the distribution of goods, and contributing to economic growth through job creation and consumer spending. Successful retailers focus on understanding consumer needs, managing inventory effectively, and providing excellent customer service to maintain competitiveness in the market.

名目 (Meimoku) in Japanese means "nominal" or "title." It is often used in various contexts to refer to the official name, designation, or stated value of something. For instance, in economics, meimoku is used to describe nominal values, such as nominal GDP, which measures the value of goods and services at current prices without adjusting for inflation. In social and administrative contexts, it can refer to an official title or label that might not fully capture the true nature or function of something. For example, someone might hold a meimoku position that has a title but limited actual power or responsibility. Understanding meimoku is essential for distinguishing between the official or apparent aspect of something and its real or substantive value or role.

承認 (shonin) in Japanese means "approval" or "authorization." It signifies the formal consent or agreement given by an individual or organization, often after a review or evaluation process. In various contexts, shonin is crucial for ensuring that actions, decisions, or projects are validated and supported by the necessary authority. For instance, in a business setting, a project proposal may require shonin from management before proceeding. In governmental or legal contexts, certain activities or regulations may need shonin from relevant agencies or bodies. The process of obtaining shonin often involves meeting specific criteria or standards, demonstrating the importance of compliance and accountability in professional and organizational environments.

発注書 (hacchusho) in Japanese refers to a purchase order. It is a formal document issued by a buyer to a seller, specifying the details of goods or services the buyer intends to purchase. The hacchusho typically includes important information such as the quantity, description, and price of the items, delivery terms, and payment conditions. This document serves as a contractual agreement between the buyer and the seller, ensuring that both parties have a clear understanding of the transaction. In business, hacchusho is essential for managing procurement processes, maintaining accurate records, and facilitating smooth communication between buyers and suppliers. It helps to prevent misunderstandings and disputes by providing a written record of the agreed terms and conditions of the purchase.

中央教育審議会 (chuo kyoiku shingikai) refers to the Central Council for Education in Japan. This is a key advisory body to the Minister of Education, Culture, Sports, Science, and Technology (MEXT). The council is responsible for deliberating and making recommendations on fundamental matters related to the education system and policies in Japan. Its functions include advising on the formulation and revision of educational laws, curricula, standards, and policies aimed at improving the overall quality and effectiveness of education in the country. The Central Council for Education plays a crucial role in shaping the direction of educational reforms and ensuring that the education system meets the evolving needs of society. Its recommendations are influential in the development of national education policies and initiatives.