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Showing posts with the label economy

My take on Tokyo's surging startup scene and Japan's boom for Rest of World

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A couple of weeks after I wrote this story for Rest of World , the Tokyo Stock Exchange hit a 33-year high. Credit my editor. Japan’s sleepy tech scene is ready for a comeback After decades of slumber, the country that brought us bullet trains and Nintendo has mustered some momentum. Sho Hayashi might be a walking cliche in San Francisco or Austin. The 33-year-old founder, with two successful startups and a string of degrees to his name, met me in a light-filled coworking space before flying overseas for a weekend of meetings.  But here in Japan, Hayashi is a new breed of revolutionary. A graduate of the elite University of Tokyo, his standard path would have been to settle into a lifetime job — perhaps as an international diplomat, or at a time-tested corporate empire like Mitsubishi. When he attended a massive startup conference in Singapore in 2010 and realized Japan didn’t have a single representative, he asked to become one and found a new calling: entrepreneurship. “I realize...

DW interview on manga's explosive sales and Keidanren's money

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Anime may be booming, but Japanese manga (comic book) sales are astronomical. I was interviewed about the explosive overseas sales of manga during the pandemic and the recent proposal by Keidanren, Japan's biggest business federation, to quadruple overseas manga sales over the next 10 years. You can read Julian Ryall's full story  here . Excerpt: "'I was stunned when I saw the figures for 2020 and 2021, which showed that year-on-year manga sales in the US were up by 171%,'  Kelts told DW. 'That's just an astonishing number, and the figures made it clear that the overall graphic novel market grew much faster than the standard market for books.' There are key differences between the Japanese and US markets, however, with sales of print manga in North America driven in recent years by anime that consumers will have seen on television, including such famous titles as 'One Piece,' 'Attack on Titan,' and 'Spy Family,' Kelts highlighted...