Shikata ga nai: The more you try to control everything, the more you control nothing.

JAPANESE BUSINESS CONCEPT OF THE WEEK

Shikata ga nai
(Literal English translation: Nothing can be done about it)

This Japanese business philosophy emphasizes acceptance and resilience in the face of adversity.

Shikata ga nai is all about recognizing there are things outside of your control and you just need to accept and move forward.

By embracing shikata ga nai, you can become mentally stronger and have a balanced sense of control. When you stop worrying about things you can’t control (eg: costs, the market, competitors, etc…), you’ll have more time and energy to devote to things you do have control over. This can be key to reaching your greatest potential, both in business and life.

THE HEADLINES
In this week’s edition of U.S.-Japan Weekly:

🔬 Fujifilm to spend $1.2B to expand its bio-manufacturing facility in North Carolina

🇯🇵 Kishida visits North Carolina: Why is it groundbreaking?

♻️ Japan's Inpex and JERA to invest in separate U.S. ammonia projects

NEWS
Fujifilm to spend $1.2B to expand its bio-manufacturing facility in North Carolina

🇺🇸 HOLLY SPRINGS, NC — Fujifilm announced an additional $1.2 billion investment this month to expand its end-to-end bio-manufacturing facility in Holly Springs, North Carolina. The expansion brings Fujifilm’s total investment in its North Carolina facility to over $3.2 billion and is projected to create 680 new jobs by 2031. The fresh investment also makes it the largest facility of its kind in North America.

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NEWS
Kishida visits North Carolina: Why is it groundbreaking?

🇺🇸 GREENSBORO, NC — To promote Japanese contribution to the United States’ investment landscape, Prime Minister Fumio Kishida visited North Carolina in April to tour the site of Toyota Motor Corp.’s electric and hybrid battery plant in the city of Greensboro.

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NEWS
Japan's Inpex and JERA to invest in separate U.S. ammonia projects

🇯🇵 TOKYO, JP — To bolster Japan's clean energy initiatives, two major Japanese energy companies, JERA and Inpex, are preparing to invest in separate projects in the United States that will produce ammonia for clean-burning power generation in Japan.

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MORE FROM GMI POST
Northern California Business Report 2024:
How to Stage a Comeback

📌 The Northern California region is one of the fastest growing economies in the U.S., joining the Texas Triangle and Gulf Coast as the only three megaregions to grow their gross regional product at a compound annual rate greater than 5.0% since 2010.

According to the latest forecast, the megaregion’s labor market is expected to grow by 2.2%, which translates to 398,000 jobs, 80% of which will come from the public sector and hospitality and healthcare industries.

📰 READ MORE

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