Lesson 61


Today’s business slang is “Amakudari”.

 

By “Amakudari” system people who are going to retire from parent companies or banks are transferred to their subsidiaries. 

 

By accepting the retiring people subsidiaries get business from their parent companies and also get loan by banks.  “Amakudari” system also deliver saucer function of the retiring people for parent companies.

 

However, in reality, if they are not useful the subsidiaries do not need them.  And “Amakudari” system is disappearing gradually nowadays.  Therefore, the retiring people from big companies and banks have to find their second career firms by themselves.  And subsidiaries need to get business not only by depending on human relationship.


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