Japanese Business Glossary

定期保険 (teiki hoken) is a type of term life insurance in Japan. This insurance provides coverage for a specified period, typically ranging from 10 to 30 years. If the insured individual passes away during this term, the beneficiaries receive a death benefit. However, if the policyholder outlives the term, the coverage ends and no benefit is paid out.

Term life insurance like teiki hoken is often chosen for its affordability compared to whole life insurance. It is suitable for those looking to cover specific financial obligations, such as a mortgage or children's education, during the insured period.

踏まえて (fumaete) is a Japanese term that means "based on" or "taking into account." It is often used to indicate that a decision, action, or statement is being made considering certain factors or information.

For example, if you are making a business decision, you might say:

市場調査の結果を踏まえて、新製品を開発します。
Shijo chosa no kekka o fumaete, shin seihin o kaihatsu shimasu. Based on the market research results, we will develop a new product.

In this context, fumaete indicates that the development of the new product is being done with consideration of the market research results.

労働保険番号 (rodo hoken bango) is a labor insurance number in Japan. It is a unique identifier assigned to businesses and individuals for managing labor insurance matters. Labor insurance in Japan consists of two main components: Workers' Accident Compensation Insurance (労災保険, Rosai Hoken) and Employment Insurance (雇用保険, Koyo Hoken).

The labor insurance number is essential for various administrative processes, such as registering for insurance, reporting accidents, and applying for benefits. It ensures that the insurance records are accurately maintained and that employees are adequately covered.

To obtain a rodo hoken bango, a company must register with the relevant government authorities, typically through the local Labor Standards Inspection Office (労働基準監督署, Rodo Kijun Kantokusho) or the Public Employment Security Office (公共職業安定所, Kokyo Shokugyo Antei-sho), also known as "Hello Work."

公開買い付け (koukai kaitsuke) refers to a "tender offer" in Japanese financial terminology. This is a public offer made by an investor, company, or group to purchase a significant number of shares from shareholders of a target company at a specified price. The offer is typically higher than the current market price to encourage shareholders to sell their shares.

Tender offers are commonly used in various scenarios such as mergers, acquisitions, and takeovers. The aim is often to gain control of the target company or consolidate a controlling interest. If the tender offer is successful, the buyer can significantly influence or outright control the target company's management and operations.

For a company to initiate a tender offer, it must disclose the details, including the offer price, the number of shares intended for purchase, and the duration of the offer period. This process is regulated to ensure transparency and fairness to all shareholders.

The term 業者 (gyosha) in Japanese refers to a business, vendor, or service provider. It is often used to describe a person or company engaged in a particular trade or industry. For example, a construction company could be referred to as a 建設業者 (kensetsu gyosha), meaning construction business or contractor. The term can be used in various contexts to describe entities involved in commercial activities.

今般 (konpan) is a Japanese term that means "this time" or "recently." It is often used in formal writing or speech to refer to current or recent events or situations. For example, it might be used in official announcements, business reports, or news articles to highlight the relevance of recent developments or actions.