May 2016
From The Director


If you’re following the news, spring brought plenty of drama to Japan. From the tragedy of earthquakes that rocked Kyushu to scandalous stories about 2020 Olympic officials greasing the palms of selection committee members and Mitsubishi Motors caught rigging their cars’ emissions data. No doubt, there is also plenty of fictional drama available on Japanese TV and mobile devices these days. U.S. video on demand (VOD) providers, Hulu and Netflix have arrived in Japan, joining Amazon in providing legal downloadable content and intensifying competition for Japan's home and mobile entertainment audience. Our story this month, takes a look at the current VOD market what the future may hold for traditional broadcasters such as NHK and TBS, as well as Japanese cable TV and other local content providers.

One area where you want to avoid drama is with financial planning. It’s never too early to start weighing your options for the future. Our objective is to help you get the best results possible. Please feel free to contact your financial advisor at any time. If you do not currently have an advisor at Select, please reply to this email and one of our senior consultants will contact you promptly.

Best Regards,

Imants Katlaps

Managing Director



Gone are the days when families would gather around the flatscreen to watch sumo on Sunday afternoon or evening quiz shows overflowing with laughing celebrities. Today, you’re more likely to see Japan’s young people watching TV on their smartphones or tablets while riding public transportation. But what are they watching?
Until the early 1990’s, Japanese television was mostly viewed on home analogue sets featuring terrestrial broadcasts from five commercial channels and the nation’s public broadcaster NHK. Typical programming could be summed up as news, variety talk and quiz shows, live sumo and baseball, anything and everything about food, pop idol vehicles, period dramas, samurai movies and the odd imported TV drama or sitcom from the West.

Market updates
With U.S. media focused on the raucous U.S. presidential election primaries, 2016 opened with a widespread feeling of uncertainty among economists. However, by the end of the first quarter most analysts were feeling somewhat upbeat. The U.S. economy is growing...
Tax evasion scandals rocked the UK in April following the release of the “Panama Papers,” a document leak on tax haven schemes, which named Prime Minister David Cameron’s father, and perhaps muddied the water for the Prime Minister’s campaign to convince voters to remain in the European Union rather than heading for the “Brexit.”...
From a purely economic viewpoint, little has changed in the 2016 outlook for the 28-country EU or 19-country Eurozone. Economists believe that if no improvement is seen in the emerging market economies, especially China and Brazil, lackluster exports will continue to drag down gains made in the region’s domestic markets...
Just five years after a huge earthquake and tsunami hit Japan’s northeastern coastline, another powerful quake struck the western island of Kyushu in mid April. Fortunately, there was far less loss of life and destruction this time, but once again mother nature cast a shadow over the future well-being of the country whose outlook...