Kiyoshi Kurokawa's blog （en）

From Botswana －3

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Photos from Botswana are at: http://www.flickr.com/photos/whsaito/sets/72157623508216878/

In the evening of 25th, the second day at Botswana, I was invited to a reception at Phakalane Golf Estate and Hotel Resort with Dr. William Saito of GRIPS and Mr. Tada of Sojitz Corporation who traveled with me, as well as Minister Kosaka of Japan Embassy in Botswana and Mr. Nakai of local NHK office.

On 26th and 27th, we had discussion sessions on science, technology and innovation policy of this nation.with the 6 ministries of Botswana government, University of Botswana, 4 national research centers  Everybody was very passionate but on the other hand, had, understandably, tendency to see things from their own points of view.  For instance, university was obviously focused on the importance of research asking for more government funding, but was not too prepared to answer questions such as what kind of jobs are available to students after graduation.  I do understand well, though, of faculty’s concern.
Interestingly enough, after having a joint meeting with 3 ministries due to their (and our) limited time, they said that they learned much from this style, ie, cross pollination, a critical issue for innovation or out-of-box thinking.  Looks like this kind of joint meetings are rare here, too..  I felt that government officials are alike anywhere.

On 26th, we went to'Mokolodi Nature Reserve' nearby using spare time in the afternoon.  Seeing beautiful wild life is a pleasure – always gives us some moving experience.  However, this place is not a full open nature reserve.  So we cannot complain if the views are not as impressive as Masai Mara of Kenya or Serengeti of Tanzania.  I look forward to coming back with enough free time to visit real nature in this beautiful country, like Okavango Delta, Kalahari Desert, Zanbezi River, variety and richness of wild life such as lions and elephants – they are the treasures of Botswana.

In the afternoon of 27th, we went to Lobatse （I found Western Union (Ref.1) here, too） to visit JOGMEC  (Japanese websites are in many cases not visitor friendly.  I wonder why, and wish to see more improvements). They are helping in searching natural resource using satellite and met Director Suzuki and Mr. Numata - I respect their hard work.  This day, we traveled more than 200 kilometers by car the route along the great ‘Mokolodi Nature Reserve’.

Anywhere I went, a hot and heated discussion took place which was well worth the time.  There are lots of issues and challenges – from bilateral ones between Botswana and Japan to those that must be considered in larger frameworks. How can we cooperate and collaborate? This is the question.

From Botswana

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Photos from Botswana are at; http://www.flickr.com/photos/whsaito/sets/72157623508216878/

Here I am in Botswana at last. 

I arrived at Gabarone, the capital of Botswana, precisely after 24 hours' flight from Narita via Hong Kong and Johannesburg.  The weather is beautiful.  Hot but dry.  I directly checked in to Walmont.

In the afternoon, I visited people from BEDIA and Botswana Innovation Hub to discuss and exchange views on Botswana’s Science, Technology and Innovation policy.  Our discussion turned out to be very heated and enthusiastic.

The challenge is how to draft mid to long term strategic policies for the nation’s growth with recognition of strength, advantages, and weaknesses of Botswana taking into account today’s trend of shifting to a flattening and interconnected world.  What are the major strength and advantage of Botswana?  And what are its weak points?

On the other hand, hearings of Toyota are in progress at U.S. Congress today and on television broadcastings.  It is reported as a very big news in US and elsewhere.  I suppose it is so in Japan, too.

Toyota’s Problems and Sufferings: Eyes to See From Outside, Hearts to Sense Outside

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Although Toyota announced the recall of a huge number of its cars, problems are still likely to continue for a while.  The news coverage has been pretty in U.S. including the news of President Toyoda’s possible visit to the U.S. very soon.  Toyota hearings expected at the U.S. Congress, responses of the US legislators, reports and articles,…… there are plenty of overseas media coverage open to public in this internet age – news coverage in Japan are not the only source of information to us.  All you have to do is just ‘Google’ Toyota.  It is important to follow news from various aspects.  Especially, in this case, it is about the leading company of Japan and the problems were identified mainly at overseas, mainly US, the largest market of Toyota.  Relying only on Japanese media will be misleading.  Quite many good source of information is available via internet, the media of web age, including internet newspapers and magazines.

I would say that the newspaper most read by business persons of the world is Financial Times  (circulation of 420 thousands is pretty modest compared to that of major Japanese newspapers, but its impact to the world is incomparably huge compared to Japanese newspapers), and a weekly magazine most read by business persons of the world is The Economist. What do you think?  Articles in Financial Times and The Economist report news of the wide world, they do not particularly take U.S. side, is often critical to U.K, too, the reports they write are high quality, and their views are well balanced as well as objective.  These characters are what you might call ‘the British style’, but I feel that many articles are indeed the ‘works of professionals’, i.e. they grasp good timing, and has very good focus.  Personally I am a fan of these two and have them in my ‘Kindle’.

For Japanese readers who do not read much English, I recommend ‘JBPress’ , an On-line Press.  I read ‘Toyota Slips Up’ and ‘Toyota　Losing Its Shine’  in The Economist 2009 December 10 issue and was a bit concerned when I found President Akio Toyoda’s comment saying that he thought ‘Toyota is already at a dangerous point’ after he read ‘How the Mighty Falls’ by Jim Collins.  A large part of these articles in The Economist is available in Japanese at JBPress.

The Financial Times also has some coverage on Toyota issue recently, and some of them are translated into Japanese, again at JBPress.  (These articles include ‘Toyota By Itself Invited The Fall Of Its Reputation’ , ‘Staggering Sons Of Toyota’, ‘Toyota Messes Up With Customer Service, Its Damage Control Is Not Working’, ‘Safety Crises Threatens Toyota; The Price It Has To Pay For Going Too Far in Spreading Its Market Share’ ）  I feel that these two newspaper and magazine are musts for business persons.

What happened to Toyota – a company known for its technological excellence?  Mr. Reizen who is sending out messages from U.S. gives us good insights into the brake and accelerator of electric car.  (this web-site is run by Mr. Ryu Murakami).  His information made several things clear to me.  In this new system of electric control, the mechanism of brakes and accelerators are very different from traditional ones.  However, this is no excuse to end users, i.e. the drivers.  Brakes and accelerators are particularly important components for drivers, and if anything goes wrong with them, it may directly cause accidents which will risk the lives of drivers or other persons in the car, or people involved in the accident. Automobile makers are responsible for being strategically prepared to provide cutting edge technologies, create market value of their products, and build good customer satisfaction/social relations.

In other words, the point is whether you are capable of telling customer-oriented ‘stories’ of cars, of driving.  It’s not just about developing great technologies.  Securing good control of parts that directly connect to safety of human life must be a top priority.

The press meeting of Toyota was, as I have written in my previous column, a big problem.  What kind of attitude/meeting is good to the eyes of the public?  To answer this question, a team of professionals is critically needed.  All Toyota members, I expect a lot from you.  Please keep on working hard.

What’s Going on in Toyota? Something is Terribly Wrong

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Toyota is without doubt Japan’s top enterprise known throughout the world for the high quality of its products and the size of its market capture.  The company earned high reputation for its quality cars and more recently for the development of hybrid engine technologies.  However, recent conducts of Toyota appear to be somewhat strange to me.

First, problems in accelerator pedals were reported of Toyota cars in the United States, then followed problems in the brakes of Prius that triggered accidents repeatedly which eventually led to the recall of the huge number of Toyota cars.  I understand that some technical problems were the cause of these events and I say this is a great problem since Toyota is known as the leading company of Japan – a nation characterized by its technology and high quality of products.  The company even received some tough words from the U.S. government.  This already is a great problem by itself, but what worries me (and I think you will agree) is the response of Toyota.

This issue is reported as big news by overseas media, but I feel that the news coverage has been smaller, in fact too small, in Japan.  Can it be that Japanese newspapers have difficulty in handling this news coverage because it might threaten the basic credibility of Japanese industries?  I think Japanese people should investigate this issue more closely and think more seriously.

I hear that this problem was being reported in the United States since 2007 and Europe was aware of this problem for more than 2 years or so.

Recently the executive in charge of the matter appeared in press interview in Japan.  Since the interview was on TV what he said before or after is unknown, but when he said ‘The customer’s senses on brake….’ I thought ‘What a response, ｔhis is a big problem’. It looked like nothing but an interview for ‘making excuses’.  Toyota totally missed the point in question.  Later on February 5th, President Akio Toyoda talked to the press (Although his English was acceptable I think he needed to have ‘the professional’ - I don’t think they have any in the company – prepare draft and coach him).  Everything he said was a late response, not to mention of his comments which were all ‘defensive, excuses, putting the blame on customer’s senses’ etc., etc.  I must say this was a worst example of risk management.

I doubt that some kind of atmosphere which made people refrain from expressing open opinions have been developed over years in the company and the factories..  Toyota’s slogan used to be ‘kaizen’, ‘from bottom-up’, and ‘expect every employee to identify problems and come up with solutions’ - this was their claimed culture.

Particularly when faced with ‘accidents’ or ‘events’, the damage caused tends to grow bigger and bigger along with the passage of time.  ‘Transparency, objectivity, speed, customer (victim) first attitude’ is the basics of risk management.  I wonder what is going on in Toyota…

I am very, very concerned.

From Davos -3

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On 29th, the 3rd　ｄay at Davos, I spent the morning in private meeting with a few VIPs. In the afternoon, I participated as a ‘Discussion Leaders’  in ‘Prepared for a Pandemic?’- a full two hour session with specialists on pandemics, academics, business enterprises, and insurance companies.  It was a highly informative session with discussions covering wide range; lessons from H1V1 since last spring, role of government, arrangements/preparedness of the companies, risks to be considered, insurance, financial loss, employees and their family, impacts on economy etc., etc.  I was impressed to know that the width of some business leaders thinking and also making effort to prepare themselves to the expected risks.  It is such learning and knowledge sharings that makes this sort of discussions with the leaders of diverse sectors enjoyable and meaningful.

I came across Mr. Bill Gates and had an opportunity to talk with him for a minute on several things such as our encounter in Jakarta in 2008.  In the evening at the main hall, I went to watch ‘Business Leadership’, ans‘The US Economic Outlook’ hosted by Charlie Rose, with Lawrence Summers, Director of the White House's National Economic Council for President Obama.  Charlie Rose, was wonderful in his soft ways of raising good focused questions in a very good timing and Summers’ response was also very persuasive and powerful. Please see them for yourself on the web.

In the evening, I stopped by at the reception of Harvard University and exchanged a few words with President Drew Gilpin Faust （President Faust is female - I suppose you know? ) I understand that she will be visiting Japan this March.  Since Minister Sengoku and three other Ministers were scheduled to arrive after midnight, Dr. Heizo Takenaka, Mr. Yoichi Funabashi of Asahi Newspaper, myself, with several others, had an opportunity to get together at a Chinese restaurant and talk about the new Administration, an opportunity we haven’t have had among ourselves for some time.  When I returned to the hotel, I came across Dr. Yunus of Grameen Bank at the lobby -just like we did last year.  I talked about the group of Japanese students who went to Bangladesh (Ref.1, 2, 3) (Ref.2 and 3 are in Japanese) this January and last year. They also had an opportunity to see Dr. Yunus several times at Bangladesh.  This year, Professor Seichiro Yonekura (Ref.1 in Japanese) of Hitotsubashi University, a leading expert on innovation, accompanied them to Bangladesh.  Dr. Yonekura is a wonderful role model as mentor/teacher and I admire his activities as Innovator (=Entrepreneur, Change Agent or ‘a nail that sticks out’) ; the way he supports young people, and make things happen.

 
Photo 1-3: ‘Toward an East Asia Community?’ Panel.

Next morning on the 30th, I checked out from the hotel to be at ‘Toward an East Asia Community?’  where Minister of Trade, Economy and Industry (METI), Mr. Naoshima were among the panelists.  The panel was moderated by Dr. Kishore Mahbubani (Ref.1), Dean of Lee Kuan Yew School of Public Policy, Singapore.  I was seated at the front raw with my friends, Hiroshi Tasaka-san and President Ninami-san of Lawson (Photo). 

 
Photo 4: From left, Mr. Ninami, Dr. Tasaka, and myself

Then, after listening to the former half of ‘Global Economic Outlook’ in which Minister Sengoku participated as a panelist, I left the venue and headed to Zurich airport to catch my return flight.  Please see this session on the web.  A well known columnist of Financial Times, Mr. Martin Wolf moderated the panel in his keen and insightful style.  In the afternoon, NHK hosted ‘The Great Shift East in the Global Agenda’ moderated by Ms. Aiko Doden, with Vice Minister Furukawa as a panelist.  Report on web  is available, and also TV broadcasts are scheduled on February 6 (Sat), and 13 (Sat) in Tokyo and elsewhere in Japan.

 
Photo 5: With Dr. Takenaka

From Zurich, I returned to Narita via Paris.  I was able to sleep only a bit during the flight, thus  a bit tired.  Somehow a feeling of concern about the future of Japan made me awake.  This theme appears repeatedly in my web-site, and I hear that‘Japan in Transition’ in the afternoon of 30th wrapped up the session in a comment like my view.

The web-site of Davos meeting is apparently quite packed with good information.  Please enjoy according to your interest.  Tons of information, backgrounds, interpretations, and thoughts are introduced and I am sure that they will open up your minds to the world.

Korea wins the Nuclear Power Plant bid of the United Arab Emirates – Part 5 ; Active Academic Exchanges of Universities

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This month I have written 4 reports on this site focusing on the competitiveness of Korea in nuclear power in Abu Dhabi.  The reason why I did this is that there are so many lessons to be learned from this case.

Here, we are able to learn lessons on the importance of strategic approach to the target, to fully understand the needs of the customers.  And of course, lessons on decisions and actions with speed.

As I have written in ‘Part 2’, collaborative research in nuclear power and capacity development are important components of the proposals of Korea.  It was clearly stated in the Request For Proposal by the Emirates Government.  KAIST (Ref.1) and KUSTAR agreed on overall cooperation in education and research in science and technology including nuclear power.　

KAIST has a history of 40 years, but in the last decade, it is quickly transformed itself into a highly competitiveness, world premier institute to meet the challenges of the global world. The institution invited Nobel laureate physician Professor Laughlin from Stanford University as President, and in 2006, has welcomed Professor Shu Nam Pyo (Ref.1) from MIT as his successor. Indeed, KAIST is changing rapidly, and of course, all courses are given in English.

If you think of the rapid change this world is going through, drastic transformation is absolutely needed in every sector of the society, which includes university education, It is obvious that such daring appointments as above are sometimes necessary and indeed more effective and more ‘telling’.  More than a few universities （Cambridge、Princeton、 Harvard、 MIT、 University of  Pennsylvania、Brown, Princeton, etc.） welcomed women as their Presidents.   I am sorry to say that in Japan, this kind of appointment is hard even to imagine.  The world is making great effort to invest in education for capacity building of their people  capable of taking challenges of competing in the global world.  I am quite impressed with the number and eagerness of Korean students going overseas to pursue higher education as, for example, my comments in The Time magazine

Exampl such as this clearly indicates how badly Japan is closed to the outside world compared to other nations.  I have been pointing this out again and again in this site also.  I urge not only Universities (please refer to article by Dr. Glen S. Fukushima (in Japanese)), but also Professors to buckle up!  Don’t forget that students are our future human resource and our future heavily depend on them.  Nothing can be done if their mentors are closed minded.

 

Difference between ‘Manufacturing (‘Mono-zukuri’)’and ‘Story Telling (‘Mono-gatari’)’ for Customers

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What is the ‘strength’ of Japan?  When asked many people say that it is ‘Manufacturing (‘Mono-zukuri’)’, ‘Technology’, or ‘Takumi no Waza (‘the Great Craftsmanship’).  However, I would say that they are important, but may not be enough to create needs, capture the hearts of customers to make them open their wallets, or develop new markets.  Here is where ‘The Creation of New Social Values’, in other words, exactly ‘Innovation’ of the global age is urgently needed as global competition.  This is the theme which I write about frequently and repeatedly in this site as well as elsewhere. (Ref.1; in Japanese) 

In addition, as Asia continues to grow, I don’t think that it is difficult or impossible for Asian people to catch up with and become competent in the skills of ‘Mono-zukuri’ or ‘Technologies’

Then, I ask you, what is the ‘weakness’ of Japan?

From my point of view it is, most of all, the drastic shift to Global World.  The world has transformed from ‘Trilateral Japan, U.S.A., and Europe’ to Global Market Economy in the last 20 years.  In such circumstance in the face of rapidly rising Asian economies in ever flattening world, is Japan able to build a great mid to long term vision, draft core missions with strategies, negotiate, and act?

It is also the power to understand customers and deliver them ‘stories’. (Ref.1; in Japanese)  In other words,  an ability to grasp the needs of the customers, to know them well, and feel as they feel (Ref.1).

Compare Japan with western countries or Asia, or Latin Americas in this growing global society.  How good is our organizations - are Japanese ‘leaders’ capable of creating good strategies, make quick decisions and act?  We must admit that these aspects are the ‘weaknesses’ in current Japan.  You have to think why? So, let us work hard and collaborate with our partners to move forward with speed to reach our common goals.

The Asahi Shinbun sends this message out clearly in its January 8th morning edition on 1st and 3rd pages, in an article titled ‘Excellent Technologies of Japan and the Problems They Face’.  My interview also appears in page 3 at the left bottom as a column. What I am saying in this column is basically the same as what I repeatedly write in my blog postings, but to have it printed in such a major newspaper makes me happy.  Compared to my site, newspapers can reach incomparably broader readers.

Korea wins the Nuclear power plant bid at United Arab Emirates – Part 3

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As a follow up of my report on the victory of Korea which I have been writing about in a series of Part 1 and Part 2, below are some interesting reactions of Korea, France and other countries

By the way, the person in charge of this project in Abu Dhabi referred to in my previous column (Part 2) is ‘Prince Mohammad’, correctly ‘The Crown Prince Mohammad’.  I have had the honor of seeing him twice in person sometime ago and just by listening to him I could clearly see his wisdom and intelligence.  This Crown Prince Mohammad is the person who is mentioned as the ‘top management’ in the comment #1 which I have quoted in my report Part 2.

As always,The Economist or Chuo Nippo of Korea (Japanese site) provide us with some movements.  How shocking it was for the French, the top of the world, is described in the report of ‘France 24’ titled ‘UAE nuclear deal: a French flop?’.  France has already started planning the next strategy  based on the analysis of this defeat.

Chosen Nippo continues to send us vivid reports and follow ups.  Here are some titles of the articles which I have quoted from the site.  I think Japan can learn much from this kind of information

●Exporting nuclear power: Reversal after reversal, behind the scene of negotiation (Part 1); in Japanese
●Exporting nuclear power: Reversal after reversal, behind the scene of negotiation (Part 2); in Japanese

●Exporting nuclear power: Search for target after UAE, total war in opening doors of overseas nuclear market. (Part 1); in Japanese
●Exporting nuclear power: Search for target after UAE, total war in opening doors of overseas nuclear market. (Part ２); in Japanese

●Exporting nuclear power: ‘This contract makes Korea brother of UAE for 70 years’; in Japanese
●Exporting nuclear power: ‘Impressed by Korean spirit of “let’s try and see”.’; in Japanese

A Glowing Achievement for Korea

KEPCO Clinches Mega Nuclear Plant Deal with UAE

Then, what are the reactions of Japan?  I have written on it in my earlier reports (1 and 2).  My advice is to learn from the contents in this Part 3 or elsewhere, compare and think hard.  Winning and losing is a part of competition, so reflecting and humbly learning from the experience would be the first step to next move.

I think that difference of top management of the organization; whether the leader is a ‘winner in tournament’ (basically, one who avoid mistakes will make it through) or one who ‘won in league’ (one who learn lessons from his/her defeats will climb up the ladder) will be clear and causes effects at situations like this.  Refer to books by Kazuhiko Toyama, ‘Yubi ippon no syunen ga shyobu wo kimeru (A finger-tip of obsession decides the winner), ‘Kaishya wa atama kara kusaru (A company will rot from the head)’ or Ref.1 .  People without any personal experience of fighting hard in their young age tend to lack spirit of learning lessons from defeat, or seeing chances for growth in defeat – in other words, these people lack adventurous sprit, spirit of entrepreneur, value of‘nails that stick out’ (Ref.1, in Japanese)

For Japan that failed to grow and now suffered ‘lost 20 years’ after the bubbles, 2010 will without doubt be the crucial year.

Korea wins the Nuclear power plant bid at United Arab Emirates – Part2

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What were the reactions to the victory of Korea in the international bidding on nuclear plant contract?  Here are some examples which I have gathered through my local sources.

1.  ‘The result was no surprise, but certainly was shocking.  Nuclear power project is accumulation of SYSTEM in every sense, and that Korea proposed a lower price by 10% and has won the trust of UAE suggests the reality of decline in competitiveness of Japanese industry.  Japanese industries stressed in their presentation only its high techs and quality of appliances, without any comments on the safety control of government or how capable Tokyo Electric Company (giant electric producing house of Japan) is in running the system, which was a sharp contrast to the overall aggressive presentation of Frenh team. The difference of their view (an ‘easy way’ of thinking based on the faith on their technologies) apparently caused a miss-match between Japan and the expectations of the customer (Japan has neglected the importance of building network of ‘personal connections’, which takes time).  This sort of difference was such that I hear some leaders of UAE have actually given advice to Japanese top leaders about it.’

2. ‘Whole Korea worked on this, by contrast.  I feel that we have to send young people to overseas and invite foreign talents to Japan – this is, in my view, the only way for Japanese to recognize how fast the world is changing.  In fact my company also lost a competition for a mega project at Abu Dhabi to a Korean company.  We absolutely have to make people more international minded- which I believe that this is the key to the success of management in the future.’

3. ‘This success was not only good for strengthening ties between Abu Dhabi and Korean electric company but also in other fields (semiconductors, ICT, energy (Masdar), education, etc.)’

4. ‘People say that Korea was outstanding in following 3 ways on this bidding of nuclear plant agreement, that in fact the proposal was the State of Art; 1) Competitive price, 2) Shortest construction period, 3) Offer of support for education and human resource development in nuclear energy field at UAE ‘

5. The President of Korea, worried about the situation, sent a large mission to UAE, including the President of KAIST as the core member. KUSTAR (Ref.1), was designated as the only university in UAE to offer courses in nuclear energy.  This opened the way for Korean Professors on nuclear energy to visit UAE, and students from UAE to study at KAIST.’

6. ‘Korea was trying to see things as Abu Dhabi would see: it perceived the needs of Abu Dhabi, what kind of cooperation it was looking for.  Korea understood that human resource development was the key to survival for Abu Dhabi.  This is why Korea won the heart of the Crown Prince.  I understand that the Crown Prince and the Korean President became close enough to have direct conversation by cell phone (reference is available on Chosun online, as I have introduced to you in my column, part1)’

7. ‘Also, responding to a remark that ‘Korea is unable to produce all necessary parts or components of the nuclear power plants, so it must order them to other countries’, Dr. Myung Seung Yang, President of Korea Atomic Energy Research Institute (KAERI) commented that ‘In shipbuilding and semiconductors also, we don’t make them 100% domestically, but import necessary technologies from overseas.  What is important is the fact that Korea possesses the ability to design, run, and maintain those systems as a whole and export them’.’

8. ‘In contrast, Japan was dwelling too much on the special performance of parts, praising self as the ‘excellence in manufacturing (‘monozukuri’) giant.’

9. ‘I see clearly how Korea attacked Abu Dhabi as one nation.  Korea, confident after winning this bid in UAE, is now moving forward to other markets such as Turkey or Southeast Asia.  President Lee has experience of working for a construction company, so he seems to have giving advices in makings of the plan presentation to be submitted to Abu Dhabi and helping staffs to polish it.’

In contrast, the leaders of Japan was busy with the domestic issues following the Administration change to new political party, so there may have been a huge difference in the level of support by the government.  You can use this as an excuse, if you would….PM Hatoyama visited India at the end of the year and announced that ‘Japan will support nuclear plants in India’ (who advised to say so?), but obviously it was a bit late to notice the trend.  I wonder what sort of outcomes this comment is going to produce in the future

In India also, Korean business people (in Japanese) (Ref.1 in English) are known for their hard work, so even if we do have some technologies on clean energies, this does not necessarily allow us to feel safe.

To share this experience at UAE among government and industries, analyze the reason for defeat (Dr. Ikujiro Nonaka is also point this out repeatedly,learning from failures…), make good plans for the next step, and act – this is most important.  I am writing this column precisely for this reason.

Basically, current age is not of ‘just manufacturing ability (‘monozukuri’)’, but of‘the entire story telling (‘monogatari’)’. (in Japanese).  Also, the time has changed to ‘Demand – driven’ innovation.

Korea wins the Nuclear power plant bid at United Arab Emirates – Part1

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In the end of last year, news that surprised the world came in.  There were some reports on newspapers about this international call for building and operating 4 nuclear reactors for the United Arab Emirates (UAE), and this had been quite a topic of the time.  Japan, France, U.S.A., and Korea raised hand.  Two joint teams of Japan and the United States; Toshiba -Westinghouse and Hitachi - GE.  From France, Areva, the strongest  in the world (I think Mitsubishi Heavy Industries is in collaboration).  Korea was a new member in this Big Business.  Toshiba team retired early so there remained only 3 for competition.

And Korea won.

I wonder how shocking this was for Japanese industries.  France must have had strong confidence since President Sarkozy was involved actively in campaigning.  Naturally the result must have been quite a shock to France.  Some articles said that there is a chance for Korea because ‘Korea offers lower price’.  But this was not the only reason as you will see in sites which I quote to you below.

In Japanese:
Nikkei, Mainichi,Sankei, Reuter,

Asahi writes about Hitachi on its New Year issue.

On the other hand, let us see what is going on at the field, and how things are reported in Korea.  After all  it is a big news that calls for attention.

In English:
Reuters, Wall Street Journal, Korea Times

Japanese translation of Korean Newspapers:
The Chosen Nippo  (English version is The Chosun Ilbo)  offers a lively report in ‘Part1 and Part 2’ (both in Japanese.  For Japanese text in PDF, please refer to Japanese site of this posting.)
　　

Chuo Nippo (English version is JoongAng Daily ) has several (Ref.1, 2)  (in Japanese) (Ref.3 ) (in English)

Editorial shows that Korea is not just rejoicing over the victory (in Japanese)  (Ref.1) (in English)

The point is how to handle and move this kind of National-level highly competitive projects.  There is much to learn from Korea.