Japanese Business Glossary

代表権 (daihyouken) refers to "representative authority" in Japan. It is the legal power granted to an individual, typically an executive like a company president or a CEO, to act on behalf of the company. This authority includes signing contracts, making binding decisions, and conducting business transactions.

In Japanese companies, the person with daihyouken has significant responsibility and control over the company's operations. This role is often held by the 代表取締役 (daihyou torishimariyaku), which translates to "representative director." This person is officially registered and recognized as having the legal authority to represent the company in all matters.

旅行会社 (ryokou gaisha) is the Japanese term for a travel agency.

A travel agency in Japan provides various services related to travel, including booking flights, hotels, tours, and transportation. They may also offer travel insurance, visa assistance, and customized travel packages. Travel agencies cater to both domestic and international travel needs, helping customers plan and arrange their trips efficiently.

同性婚 (douseikon) translates to "same-sex marriage" in English. This term refers to the legally recognized marriage between two people of the same sex, whether male or female.

In Japan, the legal status of same-sex marriage is complex and varies by region. While same-sex marriage is not legally recognized at the national level, certain municipalities and prefectures have introduced partnership certificates that provide limited legal benefits to same-sex couples. These certificates, however, do not equate to full marriage rights and are primarily symbolic, offering some recognition but no legal standing equivalent to heterosexual marriages.

Public opinion in Japan has been shifting over the years, with increasing support for same-sex marriage. Various surveys indicate a growing acceptance among the Japanese population, especially among younger generations.

懸賞 (kensho) refers to prizes or rewards offered in competitions, contests, or lotteries in Japan. These prizes can range from cash and gift cards to products or experiences. The term is commonly associated with various promotional activities and campaigns designed to attract customers or participants.

In a business context, companies often use kensho as a marketing tool to boost sales, increase brand awareness, or engage with their audience. Participants typically need to fulfill certain conditions, such as purchasing a product, answering survey questions, or submitting entries to be eligible for the prizes.

製造業 (seizogyo) refers to the manufacturing industry in Japan. This sector encompasses a wide range of activities, including the production of goods in factories and plants. The manufacturing industry is a crucial part of Japan's economy, known for its high-quality products and advanced technology. It includes industries such as automotive, electronics, machinery, chemicals, and textiles.

The manufacturing industry in Japan is renowned for its efficiency, innovation, and strict quality control, making it a significant contributor to the country's economic growth and international trade.

為替レート (kawase reto) is the Japanese term for "exchange rate." It refers to the rate at which one currency can be exchanged for another. Exchange rates are crucial in international trade and finance because they determine how much one currency is worth in terms of another currency.

Factors that influence exchange rates include interest rates, economic stability, inflation rates, and political stability. Higher interest rates offer lenders in an economy a higher return relative to other countries, attracting foreign capital and causing the exchange rate to rise. Countries with more stable economies tend to have stronger currencies. A lower inflation rate in a country compared to other countries will increase its currency's value. Countries with less risk for political turmoil are more attractive to foreign investors.