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Neo Asia Challenge No.1 -- Ryo Umezawa

Guest: Ryo Umezawa, Director, J-Seed Ventures, Inc.
Host: Steven Neo Say Bin, 2012 MBA Candidate, GLOBIS University
Date: June 6, 2013
Venue: J-Seed Ventures' Tokyo Office
Duration: 16:33

Reflection by interviewer:
With a shrinking domestic market and rising operating costs, an organization's logical strategic move is to seek emerging Asian markets and arbitrate operating expenses by relocating capabilities overseas. However, Ryo Umezawa has taught me that even in a declining Japanese market, there are opportunities waiting to be uncovered. The various implicit and explicit costs of conducting business activities in Asia might outweigh the long-term return on investments (ROI). Perhaps it is time for Japanese organizations to take a fresh perspective into their current product portfolio, and re-strategize initiatives to focus on the local market instead of following the herd and rushing head-on into untested overseas markets. -- By Steven Neo Say Bin

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