South Korea's UNIQLO turns into a large profit.Where did the boycott movement go?Have we forgotten the past?
2021-12-28
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Korea UNIQLO turns into a significant surplus in ２０２１
FRF El Korea, which operates Uniqlo in South Korea, has announced its results for fiscal year ２０２１ (September １, ２０２０ to August ３１, ２０２１).
Operating profit was ５２.９ billion won (approximately ５.１ billion yen), a significant turnaround from a deficit of ８８.４ billion won in the previous fiscal year. The company aimed to improve profits by reorganizing existing stores, and strengthened sales at its online store in response to increased demand for online shopping due to the spread of the new coronavirus.
One industry source said in an interview, ``The year after the boycott movement, the new coronavirus broke out.Uniqlo's shift to online was a blessing in disguise.''
MEMO Even in the midst of a country-wide boycott movement, it is amazing to see a return to surplus. The reason behind this seems to be the expansion of online shopping due to the coronavirus.
UNIQLO has become a symbol of the boycott movement
Fast Retailing's CFO Ken Okazaki said that ``boycotts will not last long,'' which infuriated the Korean media, and the fierce criticism of UNIQLO became heated.
Also, in the Korean UNIQLO commercial, a １３-year-old woman asks, "How did you used to dress when you were my age?" and a ９８-year-old woman asks, "How did you use to dress when you were my age?" The woman further sparked a boycott by saying, "Oh my god, I can't remember that far back." as insulting to comfort women.
The ９８-year-old woman was １３ years old during the Japanese colonial era, but she thought it was an insult to forget that. Looking at the results, CFO Okazaki's prediction was correct.
If he asked the boycotters about this, would he say, "I can't remember that far back"?
POINT FCO Okazaki seems to have a good understanding of the Korean national character of getting hot easily and getting cold easily. In addition, there seem to be many people who completely ignore self-contradiction.
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The ``Jongdaehyup'' lost its position due to the comfort women agreement - The Japanese and South Korean governments have agreed to establish a foundation.
Private/government debt 254%
Household debt is 104.2% of GDP
Global trend of interest rate hikes
Mortgage reduces disposable income
A traveler who just has bad manners
In a statement distributed in advance of the conference, Professor Ham Joon-ho of Yonsei University Graduate School of International Studies, who served as a member of the Bank of Korea's Financial and Monetary Committee, stated, ``Korea's macro leverage (private and government debt) level has expanded to 254% of GDP. ” he pointed out.
The household debt balance has continued to expand for 16 years, reaching a record high of 1,850.9 trillion won (approximately 176.9871 trillion yen) in the April-June 2021 period. According to a study by the Institute of International Finance (IIF), Japan's GDP ratio was 104.2%, the highest among 37 major countries and regions. Incidentally, the countries other than South Korea are followed by Hong Kong (92.0%), the UK (89.4%), and the US (79.2%).
On the 15th, the Federal Reserve Board (FRB), the central bank of the United States, announced the first major interest rate hike in about 30 years. The policy rate will be raised by 0.75% to a range of 1.50 to 1.75%.
Prior to this, South Korea announced that it would raise its policy interest rate from 1.5% to 1.75% in May. The rate was set at 1.5% in April, making this the second consecutive month of interest rate hikes. This will also be a severe blow to those who are burdened with household debt.
South Korea's per capita GDP is approaching that of Japan. According to the 2021 IMF announcement, Japan's price is $39,340 and South Korea's price is $34,801. However, Japan's household debt is around 66-7%.
Housing loans are the largest component of household debt. The skyrocketing price of land in Seoul continues to skyrocket, forcing many to borrow large sums of money to purchase apartments. As a result, even if GDP and wages rise, most of the money goes toward repaying household debts, resulting in less disposable income. I don't have any money to spend.
Even after salaries are paid, the money goes straight through the tunnel and is returned to financial institutions, where it is returned to the market. This is the reality of GDP per capita in the Korean economy.
As the coronavirus pandemic begins to subside and overseas travel is gradually lifted, travel to Japan is expected to become a boom again in South Korea. It's not that they like Japan. The above reasons are largely responsible for why Japan is chosen as a nearby travel destination.
And just because you come to Japan doesn't mean you have to spend money. There are quite a few groups that find faults, point them out, and complain to each other. It is said that Korean tourists just have bad manners.
Legality of Japanese Annexation of Korea The Supreme Court's decision on recruitment is based on the unilateral recognition of torts under Japanese rule. There are two main points in the judgment of the Supreme Court of Korea. One is the issue of the Japan-Korea Claims Agreement. The second is the recognition of torts under Japanese rule, which was the premise of the decision.
The waiver of claims in post-war processing was under the San Francisco Peace Treaty. Japan has abandoned its diplomatic protection rights related to claims. Countries that do not ratify the peace treaty will individually conclude a treaty. Diplomatic protection means that the country does not diplomatically protect the exercise of claims against other countries. A-bomb survivors in Hiroshima have attempted to claim damages against the United States for indiscriminate attacks on civilians as a tort. At this time, the view of the Government of Japan is that the Government of Japan has abandoned its diplomatic protection rights and the government is not involved. However, he replied that the individual's claim was not extinguished. "Yanagi answer". It is the answer of the Vice-Minister for Foreign Affairs and the administrative view.
In fact, South Korea has been activating the movement for individual claims by quoting this Yanai answer. Until then, South Korea, on the contrary, interpreted that the individual's claim itself had disappeared (described in the Korean side manual of the 1965 Agreement), and after hearing this Yanai's answer, he knew for the first time that the individual's claim would not be extinguished. It was. Aside from the administrative view of Japan, the legal view was that in 2007 the Supreme Court of Japan stated that it was not subject to protection, including individual jurisdiction. At the same time, the individual's claim right will not be extinguished.
In other words, the problem is that a treaty is a promise between countries, not a contract between individual citizens. Individuals do not lose their claims as individual rights, but the state does not act for them. The Supreme Court of Korea interpreted that the jurisdiction would not be extinguished. The first point is whether or not jurisdiction is included.
Regarding the second tort recognition, when Japan signed the 1965 Agreement, Japan is approaching the conclusion with a consistent view that the annexation of Korea is not an illegal act under international law. The eight articles presented by the South Korean side in the agreement are about claims for the property of natural persons (individuals), but it is written and agreed in the agreement to abandon them. And it is not the concept of compensation, but economic cooperation.
The Japanese annexation of Korea is not illegal because there is no fact that Japan occupied it by force and forcibly concluded it, and it was signed and stamped when the two countries signed the agreement. The letter of the emperor Sunjong's name is written on the power of attorney to delegate full authority to Prime Minister Ye Wanyong, and there is no debate about whether this is a signature, and Sunjong itself is not recognized as an emperor. There is a claim that there is no signature of Gojong, but the universal public law of international law at that time stipulates that the signature of the head of state is not always necessary for concluding a treaty.
The reason why tort recognition is the point is that the Korean side ignored the views and interpretations under international law and unilaterally recognized it as tort. Korean civil law stipulates that personal property rights and claims will be extinguished if not exercised for 20 years. In other words, normally, both the recruiter and the comfort woman have passed the extinction prescription of the claim. Looking at the cases of claims related to the claim right at the time of the annexation of Japan and South Korea in South Korea, there are a number of judgments that were dismissed because of the extinction prescription. What happens if the Japanese annexation of Korea becomes an illegal act? The claim right at point 1 does not expire. Since it is a principle of international law that the right to claim under tort has no statute of limitations, the Daiho-in Temple has unfoundedly recognized the annexation of Korea as a tort.
As mentioned above, an individual's claim will not be extinguished only on the premise of tort. The treaty exists as another matter, it is a promise between countries, and the Korean government has a strict obligation to keep the treaty.
Modern conform women In most cases, endless wars involve economic factors.In the first place, war is triggered by the economy.Looking at the Middle East problem in this respect, the business surrounding it will expand, take root in society, and have a strong social voice in the long-standing conflict structure.They become groups that don't want to end the war.
What about the anti-Japanese movement, anti-Japanese economy in this view?If politicians, left-wing media, university professors, teachers' unions, critics, social activists, and many people earn income through anti-Japanese movement, connect with each other, and have social voice, this trend will not stop.Another reason is that human trafficking brokers are still active in Korea.In California, most foreign women working in sex-related industries are Korean, and in Australia, a large organization of Korean brokers has been caught.This is the ongoing Sexual Slavery problem.
During the Joseon Dynasty, most of the people were servants and were bought and sold by brokers.It is a huge market, and it will not disappear easily under Japanese rule.Japan abolished the status system.In other words, it must have been quite troublesome to lose the broker's servant.The Japanese police at that time must have caught Japanese Military Sexual Slavery several times for illegally mediating.
What would happen if such organizations were linked to the anti-Japanese movement and Japanese Military Sexual Slavery business?What if a large amount of foreign currency is introduced into Korea from women working abroad through brokers to build a statue of Japanese Military Sexual Slavery and if that money to use for promotion of anti-Japanese propaganda?It is also a place to hide that continues to make a fuss about Japan decades ago and incites public opinion that it is worse.
It is surprising that the modern version of the Japanese Military Sexual Slavery problem does not generate any social interest even if it continues to condemn Japan, a country that has no hope of solving the problem.Moon Jae In, who is sensitive to women's rights, does not seem to be active in this issue.
Korea's continued Jewish cosplay.All Japan - South Korea relations come to this.
Japanese Military Sexual Slavery The problem and recruitment problem are individualized, but what Korea has been talking about since the end of World War II is JewishCosplay .The Asahi flag issue is also related.South Korea tells Japan to imitate Germany because Germany compensates for the war and Japan does not.Japan invaded countries that were considered Western colonies and paid reparations to those countries.China has waived compensation.Korea was not an enemy country and there was no war damage , so the concept of compensation itself does not exist.
When it comes to Jewish cosplay, we are in the same situation as Jews.Why are Jews rescued and we have no help?Germany says it is compensating, but Germany only compensates each country comprehensive except for compensation for Jews.The logic of reparation can be seen from these things as if it had been done to Jews.The oath of the Provisional Government of the Republic of Korea clearly says, "Japan's inhumane assault " and the current preamble of the Korean Constitution says it will inherit the provisional government's legal code.So far, Nazi = Japanese equation.Therefore, it becomes the Harkencroits = Asahi flag.
What is certain to be known as a historical fact is that the Holocaust is an operation to slaughter and annihilate Jews in the vast area of Europe.Japan claims to have carried out genocide on the Korean Peninsula, but the population growth is remarkable.The U.S. says there was no Japan's war crimes under GHQ rule.MacArthur's postwar policy is to promptly convene an international military court to punish war criminals, justify the American war, and quickly bring Japan back to the international community.America was looking for war criminals.It is concluded that it was not on the Korean Peninsula.
To be clear, Japan and the Nazis, Koreans and Jews are completely different.World War II also has a completely different history.No country in the world thinks Koreans and Jews are the same.It is clear that the provisional government wants to replace Korea with Jews and pretend to be a war victim and become a victorious group.
South Korea has requested attendance at the San Francisco Peace Conference and has been rejected by the United States.At this time, I was trying to get the international community to recognize Jukdo sovereignty.
Japanese Military comfort woman recruited through a newspaper contest. There are many questions about forced arrests from a necessity point of view.
The most questionable point is whether forced arrest of Japanese Military comfort woman was necessary.Lee Yong-soo, who is said to be a former Japanese Military comfort woman, said that the sex industry exists in modern countries and Japan, and that the balance between supply and demand seems to be balanced.In other words, the percentage of men who seek this and women who provide services as a profession.How about in Korea?It is not a situation where people should be forcibly taken away even if they omit ethical issues related to sexual morals.By the way, Japan's unemployment rate stood at 2.8 percent in September.
At that time, many people on the Korean Peninsula were too poor to find jobs, but the unemployment rate dropped dramatically due to Japanese investment, and Joseon itself was surprisingly modernized and developed.Japan was never rich during the war, but men would have to hire them first to get a job.Are there more women who need jobs financially than now?The proportion of men and women after birth or in nature is about 1:1 .It's a simple arithmetic problem.
Japanese Military comfort woman is open to the public through newspaper advertisements, as left as data from that time.And prostitution itself was legal under the laws of the time.In addition, they are paid several times as much as college-graduated men.That seems to have gathered enough people.There are many questions as to why 300,000 people were forcibly taken away.
At that time, Japanese Military comfort woman was paid a lot of money, and when I returned to Korea, I got enough money to buy a house in just about two years.
