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Vocational Support for People with Developmental Disabilities in Correctional Facilities : A Survey of Correctional Facilities
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A Study of the Background and Incentives for Japanese SMEs to Expand Overseas; Faculty on the Apparel and Sewing Industry
application/pdfThis is a study of the overseas expansion of the Japanese apparel and sewing industry. I divided the period of overseas expansion of this industry into the initial period, the period of mass expansion, and the period of relocation from China. Finally, I discussed the future outlook for the Japanese apparel and sewing industry.ç 究ããŒãdepartmental bulletin pape
The Commemorative Address to Prof. Hiroo Higuchi
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A Verification of Japanese and U.S. Stock Index Fluctuations after the Convergence of COVID-19 Pandemic : An Empirical Analysis of Stock Index Using Bayesian Model and AI Simulation
application/pdfIn the 1980s, Japan was praised as âJapan as number oneâ and was the focus of the worldâs attention. The economy was expanding steadily, dominating the world market share in the high-tech products of the time: TVs, VTRs, cameras, automobiles, and semiconductors. However, Japanâs export expansion led to trade friction with advanced economies, and the Plaza Accord of 1985 attempted to curb Japanâs export expansion by inducing the dollar-yen exchange rate to appreciate against the yen. The curtailment of exports by the strong yen led to a recession in Japan, and the economy temporarily stagnated. However, in 1986, the Bank of Japan lowered the official discount rate and changed course to an easy monetary policy. Banks and other financial institutions aggressively expanded loans to corporations and individuals. As a result, there was a money glut in the market, and consumers continued to prefer expensive products, an unusual situation. On December 29, 1989, the Nikkei Stock Average hit an all-time high of 38,915 yen, marking the peak of the so-called bubble economy. In 1990, the Bank of Japan raised the official discount rate and shifted to a tight monetary policy. The bubble economy collapsed, and land prices and stock prices fell sharply. Banks and other financial institutions, concerned about non-performing loans, began to recover their funds at an early stage. The Japanese economy experienced an exhausting and then nearly three decades of stagnation. The Nikkei Stock Average continued to decline, falling to 7,607 yen in April 2003. It then recovered to 18,261 yen in July 2007, but the Lehman shock in September 2008 brought it to 6,994 yen on October 28, 2008, its lowest level since the burst of the bubble economy. After a long period of stagnation, the Japanese economy gradually began to recover from 2013 onward with the shift to bold monetary easing policies under the Abenomics policy. But, the economy was unable to break free from deflation. Furthermore, entering 2020, the economy fell again due to the global andemic of the new coronavirus. However, by the beginning of 2023, the pandemic of the new coronavirus had subsided and the domestic economy gradually began to recover, raising hopes for a revival of the Japanese economy. The Nikkei Stock Average has continued to rise since late 2023, reaching an all-time high of 40,109 yen on March 3, 2024. In this paper, I have analyzed the trend of the stock market, which has been going through twists and turns and reached its highest level in 34 years, from the perspectives of corporate performance, interest rates, and inflation using a state-space model. I also attempted to predict future stock prices using artificial intelligenceïŒAIïŒ. Based on the results, we discussed the challenges of the current Japanese economy and the prospects for the stock market.departmental bulletin pape
Expos and Buddhism : Orientalism or Prayer?
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Oral Literature of Crimean Tatar (Qlrlmtatar)
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Study on Introduction of Designated Manager System for Kominkans (Community Learning Centers) and Libraries in Kawasaki City
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