Increasingly keener competition in Asia among the major Japanese, American, and European retailers with the powerful Asian retailers also joining the competition
Insurance Research Department Executive research fellow & General Manager for Asia Tomikazu Hiraga
However the author observes some interesting changes in such trends, and leading companies in Japan including AEON Co., Ltd., Seven & i Holdings Co., Ltd (Ito-Yokado Co., Ltd., and Seven-Eleven), Lawson, FamilyMart, FAST RETAILING CO., LTD.operating the UNIQLO chain, and Ryohin Keikaku Co., Ltd. managing the “MUJI”brand chain accelerate their attempts in a forward-looking manner. Further, leading retailers in Asia, such as LOTTE Shopping Co., Ltd. of Korea and RT-MART INTERNATIONAL LTD. of Taiwan are positively expanding into markets within the region. The author will focus more on hypermarket/supermarket and convenience store business, expressing his personal views on features of strategies and corporate behavior of influential companies in Japan, the US, Europe, and other areas or competitive advantages in the major retail markets in Asia in this paper.