This book examines Japanese FDI in the world economy over more than five decades; with a unique focus on the internationalisation experience of selected industries, such as forestry, textiles, electronics, motor vehicles, steel and services as well as case studies of individual firms. Roger Farrell considers the theoretical explanations for Japanese FDI and particular motifs which have been a continuing rationale for FDI, including energy and resource security; the theme of retaining market access; the relocation of manufacturing to retain international competitiveness; withdrawal after the bubble economy; and the new phase of investment in the 2000s.
Contents: Preface Foreword by Peter Drysdale Part I: Overview 1. Japanese Investment in the World Economy 2. Patterns of Investment Part II: Strategic Themes 3. Strategic Motivations 4. Organisation and Structure 5. Geography and Investment 6. Financing Investment Part III: Supply Security 7. Agriculture and Food Security 8. Fisheries and Resource Security 9. Resources and Energy 10. Forestry, Lumber and Pulp Part IV: Light Manufacturing 11. The Shifting Textiles Industry 12. Defensive Strategies of Beverages and Tobacco 13. Chemicals, Plastics, Glass and Rubber Industries 14. Internationalisation of Pharmaceuticals Part V: Manufacturing and Metals 15. The Non-ferrous Metals Industries 16. Steel Industry Strategies Part VI: Complex Machinery and Equipment 17. General and Precision Machinery 18. Globalisation of the Automotive Industry 19. Electrical and Electronics Machinery Part VII: Japanese Services in the World ECONOMY 20. Services and Investment 21. Expansion and Withdrawal of Financial Services 22. International Construction services 23. Transport and Communications Services 24. Global Real Estate Investment Part VIII: Conclusion 25. Perspectives on Japanese Foreign Direct Investment Index