Construction Industry in Japan Tops Entertainment Expenses

Posted by Bill Belew on April 20th, 2010 in Japan | Comments Off

In 2003 alone, Japan spent almost 3.5 trillion yen ($34 Billion) on entertainment expenses.

The top three spenders were:

3. Wholesale industry including trading – abt $5 billion.

2. Service industry -                     abt $5.3 billion

and the

1. Construction industry -                abt $6 billion.

Gee, and now we wonder how some construction companies get their contracts or how any major company in Japan gets a major contract for that matter.

Still ‘wining and dining’ expenses are almost half of the $60 billion that was spent in Japan’s peak year of 1992.

Which direction are these expenses likely to go as the economy improves?

When there’s a lot of money to be made there is always room for corruption, and Japan is not a company of squeaky clean dealings.

What do you think?

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