This website uses cookies to ensure you have the best experience. Learn more

Merill Lynch In Japan Essay

531 words - 3 pages

Merrill Lynch in Japan

Sheila Kennedy


Gary Solomon

April 4, 2011

Merrill Lynch’s first endeavor to penetrate the market of Japan was unsuccessful because their marketplace was not synchronized to acknowledge international companies. However, in 1997 the situation changed in the World Trade Organization (WTO) contract for enhancing overseas firms to promote financial services to national investors. This was the beginning of a new age in the global market. Previous experience made investors hesitate to come into the Japanese market, but also made it abundantly clear that effects have changed with a enormous amount of assets and an open market owned by households in Japan were too attractive of opportunity to pass up.
Merrill Lynch’s timing was perfect because there were only a few other foreign competitors with ...view middle of the document...

When establishing the company's position, Merrill Lynch definitely won in this state of affairs without coordinating and reporting moves with other Japanese companies. The risk that was taken paid off very quickly regarding massive assessment of the possessions held by the company.
For all big businesses worldwide, the years 2001-2002 were significant as the global downfall of the stock markets occurred. This event was unpredictable, and caused by the macroeconomic factors that could not be controllable by a solitary country. This event softened the crisis for Merrill Lynch; however, entirely avoiding it was unfeasible because international business is firmly connected with macroeconomic circumstances as it was in this particular occurrence. Most of the retail locations were closing and significant layoffs of employees was the simply way the company could continue operating in the Japanese market. Potential aspects show this resolution was a sound one and began renewing the company's power because approximately all resources were still restricted by the initial company.
After many years of success and experience on the market, withdrawing would be outrageous. This company shows that it could withstand tribulations, losing half of their proceeds and massive workforce lay off, were still running stronger than ever in six months. Having knowledge of specifics of market structure in Japan and loyal customers are foundation for Merrill Lynch’s competencies as compared to other competitors in this line of work. Although there is never a guarantee of stable and perfect, as 2001-2002 crisis has proven, the company should continue conducting business in Japan.


Hill: International Business: Competing in the Global Marketplace, Seventh Edition; Chapter 20, p 701. The McGraw−Hill Companies, 2009

Jeff Stats

Other Papers Like Merill Lynch in Japan

Industry Report

2280 words - 10 pages [pic] 21510 Global Context of Management Autumn 2011 Industry Report Telecommunications Industry in Japan Table of Contents Introduction...............................................................................................................................3 The Japanese Telecommunications Industry – an overview......................................................4 The Beginning of

Interest Exchange Rate Essay

3735 words - 15 pages early 2008. The worsened subprime crisis in the US and some European countries landed several major investment banks such as Lehman Brothers, Merill-Lynch, AIG, Morgan Stanley and Goldman Sachs into deep troubles prompting the FIIs to withdraw their funds causing the Indian market to plunge. As of 8 October 2008, FIIs had sold equities worth approximately USD$10.05 billion and another USD$500 million alone on 10 October, resulting in one of the


4399 words - 18 pages starting with a general overview, followed by wider analyses of the environment as well as investigation of the competition in the car market. General overview In the 21st century the car industry can be described as mature, highly competitive and very dynamic. Despite being considered as global, automobile industry constitutes of three major areas – USA, Japan and Western Europe which together accounts for 80% of total sales (Lynch, 2006, p698) as

Investment Banking Industry In The United States And JP Morgan Chase

3534 words - 15 pages activities.Investment Banking in Major CountriesTable 1.Composition of companies' credit market dept(%), 1990 and 1999US UK Japan Germany 1990 1999 1990 1999 1990 1999 1990 1999Among the major countries in this field, investment banking is in that most developed phase in the United States and the United Kingdom, and in less developed phase in Germany and Japan. As far as reliance on external funds is concerned (see Table 1.), funds increased in form of

History & Development

4310 words - 18 pages operations still co-exist) Islamic Finance House was established. Citibank, Merill Lynch, HSBC, Barkley’s oferring Islamic Financial services. IBBritain, Lariba (America) were established. Some other IFIs. Recognizing the need for standards. Accounting and Auditing organization for IFI was established. IFservices Board (IFSB) was established . Sets to and disseminates the prudential and supervisory standards and core principles that are in compliance of

Ferrari Suv Case Study

4498 words - 18 pages Merill Lynch and Capgemini, there are 3.1 million of millionaires in 2010 in U.S. where 37% of them are females. This shows that females are getting richer than males, so Ferrari should target the female segment. In China, 25% of Ferrari owners are women which prove that sports-cars overs do not only consists of men but also the women (Hogan, 2010). Ferrari in this case should use concentrated market and niche market above described to approach to

Core Competency

863 words - 4 pages of January 2009) as much as 15 percent larger than Germany's. According to Merrill Lynch China economist Ting Lu, China is projected to overtake Japan in "three to four years". And most of this was from the core competence. The Core Competence must become the big power to promote China into the top of the world. References: Financial Times, 6/17, 2009 Economics of PRC, Wikipedia


1087 words - 5 pages ECONOMIC FORCES – SINGAPORE According to US Department of State in 1990, Singapore, otherwise known as the Lion State, has an annual growth rate (1998 in real terms) of 11 percent. The country’s per capita income is $8782, which is the third highest in Asia after Japan and Brunei. However, Singapore relies heavily on industry with the industrial sector (including food and beverages) making up above 17 percent of Singapore’s real GDP. It

Global Warming

2365 words - 10 pages ; in the past ten years the U.S. had an all time record for tornadoes in 2004 and Japan had an all time record for typhoons another year. Studies also show that ice caps have diminished at an unbelievable rate of 40% in the past 40 years! This melting is suspected to raise sea levels by around 80 feet which would flood major cities like San Francisco, Manhattan, Beijing, Shanghai, India, and more, displacing and killing hundreds and millions of

Business Caselet

3705 words - 15 pages manager of Contrafund is Will Danoff. Magellan Fund is another large equity fund, over $20 billion in assets as of September 30, 2010. Its current manager is Jeffrey S. Feingold, who previously managed, and will continue to manage, the Fidelity Trend Fund. The Magellan Fund was for many years the largest in the United States. It was run by Ned Johnson (May 2, 1963 to Dec. 31, 1971) and Peter Lynch (May 31, 1977 to May 31, 1990). Fidelity

The Internet Economy: the World's Next Growth Engine

2941 words - 12 pages . | | | |Japan, despite its advanced technology and global business skills, has some catching up to do. Only about 17 million Japanese, or 13% of the | |population, used the Internet as of March, 1999. It's still tough for startups to find scarce capital, the most promising engineers continue to stick| |to safe jobs, and Internet infrastructure remains weak. Hitoshi Shin, a senior high-tech analyst at Merrill Lynch & Co. in Tokyo, explains

Related Essays

Sthyam Scam Details Essay

810 words - 4 pages associated with the whole Satyam Gate. Price Water House Coopers, Satyam Computer's audit company has fell in its shadow. The question that are being raised by many in the accounting circles is why PWC not able to smell the rat, which DSP merill Lynch was able to do it in a few days. Now even Merill Lynch has terminated its egagement with Satyam as consultants. The last question that is there on many people's mind is why now, Raju confessed. It is

Mergers And Acquisitions Essay

2774 words - 12 pages of America and Meryl Lynch : Bank of America is the largest bank in united states and the second largest bank by market capitalization .Bank of America serves clients in more than 150 countriesand is listed in DOW jones stock exchange and New York stock exchange(NYSE). Merill lynch is a investment banking and wealth management division which provides capital market services ,investment banking ,insurance and related financial services

Book Review

1183 words - 5 pages the Big Businesses could not be permitted to fail. For the suffering middle class it was now confirmed that the big businesses were in league with the big government. Financial firms such as Merill Lynch were reported approving extravagant bonuses despite knowing the company was headed for catastrophe. At this point the Republican Party was headed downhill but later rose as the revitalized Right. The New Right capitalized on public confusion

Plate Tectonics Essay

932 words - 4 pages Plate Tectonics Nicole Anderson GLG/220 Dr. A. Kem Fronabarger November 7, 2011 What is an Earthquake and where do they come from? Many people are unaware of what an actual earthquake is and how they come to be. There are several myths that have been created to help people understand how earthquakes have been produced. In Japan, legend has it the earth is shaken by the movement of a giant catfish hidden in the ground. The Chinese