Following the economic crisis, Japan is on its way to regaining its position as an economic powerhouse. The bubble burst in the 1990s, and a decade of recession led to numerous changes in Japanese society and management. This book presents a comprehensive overview of the reforms and changes in the Japanese economy and their impact on management processes. It gives insights into the current situation of Japanese firms, explains Japanese views on current developments, and answers questions about contemporary Japanese firms, such as : how have Japanese firms handled the recession, and how have they reinvented themselves after it ; is lifetime employment still relevant in today's Japanese society ; does the seniority system still apply ; how has globalization impacted today's Japanese corporations ; how advanced is gender equality in the J-firm ; what challenges do foreign workers face in the J-company.