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Japan’s Philosophy for Collaboration and Unity
GMI POST
May 29, 2024
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How are you working with others to create the change you want to see?
JAPANESE BUSINESS CONCEPT OF THE WEEK
Kyosei
English translation: "Living and working together for the common good”
It’s easy to become focused on our own worlds.
👉 My work
👉 My goals
👉 My business
But when you pause, observe, and reflect — you’ll realize it’s not so much about ‘me’, but more about ‘us’.
Kyosei encourages both individuals and organizations to:
👉 Think about the bigger picture;
👉 Collaborate instead of compete; and
👉 Unite for the greater good
This Japanese ideology, which serves as the foundation of Canon’s corporate philosophy, highlights how helping those around us ultimately helps us accomplish our own goals.
As you continue to read this newsletter, we ask you:
How are you working with others to create the change you want to see?
THE HEADLINES
In this week’s edition of U.S.-Japan Weekly:
💰 Japanese insurance giant acquires large stake in U.S. rival
🚂 Frisco launches investment plan to revive historic downtown area
🍣 Japanese food and hospitality giant wants a bite of the U.S. sushi market
NEWS
Japanese insurance giant acquires large stake in U.S. rival
Nippon Life Insurance Managing Executive Officer Minoru Kimura
🇯🇵 OSAKA, JP — Nippon Life Insurance has agreed to buy a 20% stake in Texas-based life insurance provider Corebridge Financial for more than $3.8 billion, representing its full-fledged entry into the American market amid declining demand in Japan.
READ MORE
NEWS
Texas city launches investment plan to revive historic downtown area
Frisco has launched an ambitious program to generate its historic downtown area.
🇺🇸 FRISCO, TX — Forming part of the Dallas-Fort Worth metro area, the Frisco Economic Development Corp. (Frisco EDC) has announced a pilot investment program to support the redevelopment of the city’s historic Rail District in the downtown area. The program will reimburse 50% of the approved costs of qualified projects upon their completion.
READ MORE
NEWS
Japanese food and hospitality giant wants a bite of the U.S. sushi market
Sojitz Corp. President and COO Kosuke Uemura
🇺🇸 IRVINE, CA — One of Japan's largest food and hospitality groups is the latest company that wants a share in the growing market of sushi restaurants in the United States. This month, Royal Holdings Inc. formed a California joint venture with Japanese sushi chain Choushimaru and trading house Sojitz.
READ MORE
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