Cafeteria Services VISION

Total Page:16

File Type:pdf, Size:1020Kb

Cafeteria Services VISION No. 1 food supply distributor IR Material(2012) 0 Vision & Holding Structure Summary The SYSCO of Asia, No.1 domestic food supply distributor and leader in the paradigm shift of cafeteria services VISION To become the sole leader in the domestic food supply distribution market in terms of scale and capability, and become the Sysco of Asia through globalization "2016 sales of W5tn, OP W150bn" History Holding Structure . 1988, established Samil Agriculture Fishery(material processing) . 1996, transferred to CJ CJ affiliation Other . 10,798,900 outstanding shares . 1999, began food supply distrubution . Market cap W270bn ITC + corporate (Dec 31, 2011 standard) . 2001, listed on Kosdaq 11.1% . 2007, received first HACCP for hospital catering . 2009, selected as hygiene inspection institution by KFDA . 2010, opened largest domestic distribution center (Icheon) Treasury shares 7.3% 1 Business Structure(Food supply distribution) Overview Leading the food supply distribution market with its simplified process via direct-sourcing from the producer and thorough health control, No.1 domestic food supply distributor with the best SCM and products in the industry CJ Agency Freshway (wholesale) Dining • 317 Sales personnel Maker • 109 MD personnel Cafeteria Affiliates • 20,000+ SKU Producer/ • 9 distribution centers Food Global • 39 food safety center processing personnel Dining Cafeteria Food processing • SamCheongGak • STX Catering • CJ Foodvill • Pizza Hut • Kuksundang • CJ CJ • Pho Mein • Harim • Saempyo • Beer Cabin • Dongyang Magic • Samlip Foods • Bon Juk 2 Business Structure(Cafeteria) Overview Secured various clients in businesses, hospitals, colleges with endless R&D for tastier and healthier food CJ Freshway Business/ Public Menu development & Hygiene & safety Customer satisfaction cooking Hospitals . Food hygiene lab . Service academy . Menu development . Continuous audit . Various events team activity . Customer satisfaction . Cooking academy . HACCP team . 4,000+ Menus Colleges Business/Public Hospitals Colleges • Kumho Asiana • Severence Hospital • Seoul National Univ • Lotte Confectionery • Dongkuk Hospital, • Hanseo Univ. Ilsan • Renault Samsung • Woosong Univ. R&D Center • Health Insurance, Ilsan Hospital • Dongseo Univ. • Prosecutor’s Office • Inha Univ. Hospital 3 Current Business Condition Overview Sales growth (CAGR 27%) and margin improvement from large growth in the food supply distribution industry Sales (W100mn) Food Supply Distribution (W100mn) CAGR 27.5% CAGR . 2011 sales +71% 39.0% - Stronger agency sales 6,570 Dining/Cafeteria W465.5bn(’10) W681bn(’11) - Stronger food material distribution business W298.6bn(‘10) W556.7bn(‘11) OP (W100mn) Cafeteria (W100mn) - Expanding affiliate model W31.5bn(‘10) W123.5bn(‘11) CAGR 230 7.4% . 2011 sales +15% - Won orders from majors Kumho Asiana, Inha Univ. 71 - Hospital route expanded -17 Inha Univ, funeral halls 4 Market condition Market Size (Food supply distribution) W31tn market with 5.6% average annual growth, large portion of primary commodity, hence high health control and expertise in sourcing is necessary Dining product weight(Wtn, %) Food supply distribution market size(Wtn, %) 18.8 22.4 26.7 CAGR 43.3 Processed 5.6% CAGR 36.8 Primary 68 4.9% commodity 31.3 Raw Raw material product weight(Wtn, %) material 12.5 14.4 16.6 6.0% 22.4 Processed Dining/ Cafeteria Primary 47 commodity • Expect continued growth in the food supply • Large portion of primary commodity, hence high health distribution market as women's economic activities control and expertise in sourcing is necessary increase and dining consumption increases Source: BoK, Statistics Korea, Korea Rural Economic Institute 5 Market condition Current Competition (Food supply distribution) Market share of mid-small wholesalers dominate at 92%, but large enterprise participation is increasing Sales weighting of enterprise food supply distributors(%) . 10,000+ mid-small wholesalers taking up over 90% of the market - Low business efficiency and health control from a lack Small of business infra (health control, distribution, sourcing) wholesalers 92 100 99 97 95 . Enterprise food supply distributor's M/S increasing - M/S increasing with its superior business infra amid Enterprise-type government policies demanding hygiene and food supply transaction clarity distributor 0 1 3 5 8 1995 2000 2005 2008 2010 ※ Enterprise food supply distributors refer to CJ Freshway, Our Home, Everland, Shinsegae Foods, Hyundai Greenfood, Foodmus, Hanwha, and Dongwon ※ Source: Internal analysis Source: Internal analysis & estimates 6 Market condition Clients (Food supply distribution) Increased purchases through specialized distributors following growth of large restaurants within the dining market Purchase source of large, mid-small Change in restaurant sales (including dining companies(%) liquor/beverage) CAGR 70 11% CAGR Retail 59 21% 46 Large restaurant Distributor/ Wholesale 45 7% Mid-small restaurant • Large dining companies purchase mainly from • High portion in mid-small restaurants, but notice distributors, while mid-small dining companies rely more significant growth in large restaurants on direct purchase Source: Korea Rural Economic Institute (2008), Statistics Korea7 Market condition Market Size 시장환경(단체급식) (Cafeteria) Cafeteria market has entered maturity with CAGR of 2.7%, but expect over 10% annual growth in hospital business due to aging society and medical law amendments Cafeteria Market Size(Wtn) CAGR 2.7% 10.5 CAGR 9.7 • Hospital route 0.8% 8.9 - Aging Increase in convalescent hospitals/care homes Military - Medical law amendment(‘09) Increase in foreign patients 10.2% Expect double digit growth due to aging society and Hospital medical law amendments ▲3.4% School • Company route - Higher-quality from various needs of clients and more competition Company 3.6 3.2% • School route - Expect market to shrink on less number of students 출처: 내부분석 및 추정자료 8 Market condition Cafeteria Market Size and Competition (Cafeteria) The cafeteria market is expected to grow in hospitals and military, fierce competition with the top 9 companies occupying 80% M/S Cafeteria Market Size(Wtn) Cafeteria Market M/S(2010) CAGR 6.8% 5.0 CAGR 83% Others Our Home 4.2 21% 20% 10.6% 3.3 Military ▲8.5% Dongwon/Araco 6% Hospital CJ Freshway 4% 20% School Everland 4% ECMD 4.3% 5% 2.7 Hanwha 9% 11% Company Resort Shinsegae Hyundai Foods Greenfood • Gradual expansion of private cafeteria businesses in the • Top 9 companies with captive market occupies 80% M/S military, expect high growth in military route • Overseas cafeteria market expanding amid industrialization of Ministry of National Defense pushing "Anti-cafeteria project" developing and underdeveloped countries, expect domestic • Expect CAGR of 10.6% in the hospital route due to aging and enterprises to enter overseas market medical law amendments 9 Corporate Guidance Mid-long term plan 2016 sales of W5tn, OP of W150bn through domestic expansion and globalization by securing core capabilities Sales Guidance(W100mn) OP Guidance(W100mn, %) CAGR CAGR 45% 27% 19,000 3.0% 335 1.8% 1.5% • Forecast 2012 sales growth of 26% • Forecast 2012 OP of W33.5bn • Target W5tn in 2016 sales(CAGR 27%) from 26% sales growth and SG&A leverage effects • Target W150bn in 2016 OP, 3 % OPM 10 Food Supply Distribution Sales Guidance Mid-long term plan 2016 sales of W4.6tn in food supply distribution through expanded sales channels and stronger product competitiveness Sales Guidance(W100mn) Dining/Cafeteria Sales Guidance(W100mn) CAGR 32.0% 10,300 CAGR 27.6% 17,140 Primary Commodity Wholesale and Material Sales Guidance(W100mn) CAGR 19.9% 6,840 • Economy of Scale on expanded sales channels through alliances and stronger material business • Secure business competitiveness through stronger product competitiveness 11 Food Supply Distribution Mid-long Term Strategy Mid-long term plan Secure market control and economy of scale by expanding sales channels, secure cost competitiveness through strategic product promotion and sourcing expansion . Accelerate alliance model . Promote large products – Secure 8 major branches nationwide – Strengthen sales capacity in large in 2013 Expand sales Promote and monopolized products(ex, strategic soybean oil, wrap) . Expand material business channel product – Expand group-joint-purchase and . Develop restaurant-exclusive PB leverage through stronger exterior Strengthen distribution market sales – Develop B2B-exclusive products fitting the market's low-price needs (ex, import meat, pork, beans, etc) control through expanding sales channels and securing cost competitiveness Expand Expand primary global commodity business . Expand global business business . Expand producer transaction – Expand global sourcing - Turn key purchase in storable farm – Execute local material sales based on products(ex, potato, garlic, dried souring capacity pepper, carrot) – Execute export to third party nations . Strengthen sales of localized fishery 12 Cafeteria Sales Guidance Mid-long term plan 2016 sales of W390bn through differentiated service utilizing group infra, and entering the global market Domestic Sales Guidance(W100mn) Hospital Cafeteria Sales Guidance (W100mn) 422 CAGR 21% 1,860 Overseas Sales Guidance (W100mn) 75 • Increase hospital cafeteria sales by utilizing in-house • Enter global market in devloping and underdeveloped food development R&D countries • Increase new orders in large companies 13 Cafeteria Mid-long Term Strategy Mid-long term plan Preoccupy global cafeteria market through differentiation
Recommended publications
  • Interbrand-Best-Korean-Brands-2015
    Contents 02 Introduction 04 The future of business is personal 06 The Age of You: key questions answered 10 Best Korea Brands 2015 Top50 46 Best Korea Brands 2015 Analysis 54 Authors & Contributors 1 engage customers and generate genuine result, each of us will become our own 2015 will provide the insights you need value for the business. marketplace or “Mecosystem.” to drive your organization forward—and Introduction new inspiration to push creative thought The need to create brand experiences In our report, Jez Frampton, Global CEO Jihun Moon and innovation in these changing times. that are seamless and more holistic has of Interbrand, will elaborate on this new been precipitated by sector convergence era, which we at Interbrand refer to as Congratulations to all of Korea’s Best The origin of the term “branding” was and the rise of Big Data. Harnessing the the “Age of You”—the move from brand Global Brands—in particular those whose lit¬erally to burn one’s name onto prop- potential of Big Data isn’t just for tech as monologue, to brand as dialogue, leadership skills have earned them a erty as a crude mark of ownership. But companies anymore—it offers huge to brand as a communal experience, to place among the nation’s top brands. it’s only in our relatively recent history opportunities for all brands. By collecting brand as a truly personal and curated ex- that branding has become recognized as To your continued success, and analyzing customer data and honing perience created around each and every a business discipline.
    [Show full text]
  • South Korea Product Profiles Download the Report
    Market opportunities for Queensland agribusiness from FTA with South Korea FINAL REPORT 1 Executive summary Background Australia recently signed Free Trade Agreements (FTAs) with China (June 2015), Japan (July 2014) and South Korea (April 2014). These agreements substantially reduce or remove tariffs on a range of Australian food and agribusiness export products including beef, grains, horticulture, seafood and processed foods, which together represent a large share of Queensland’s total agricultural production and exports. Deloitte Access Economics has been engaged by Trade & Investment Queensland (TIQ) and the Queensland Department of Agriculture and Fisheries (DAF) to identify opportunities and barriers within Queensland agribusiness sectors arising from the FTAs. The project has been undertaken in two stages. Stage 1 highlighted the commodities which showed the most promise for increased trade and investment between China, Japan and South Korea. These commodities were identified through analysis of tariff reductions, Queensland production, exports, consumption trends and major competitors as well as consultation with Queensland agribusiness stakeholders. Stage 2 (this report) profiles these identified commodities in more detail to identify any non-tariff barriers, supply chain constraints, market operation and their Strengths, Weaknesses, Opportunities and Threats (SWOT). This profiling was informed through further consultation with Queensland Government, industry associations, traders and selected in-market contacts in China, Japan
    [Show full text]
  • Copyrighted Material
    Index 3P Innovation, 31 Breach of trust, 66, 67, 222 Consumer marketing, 109 3Ps (Proactive, Professional, British government, 21 Continual crisis, 35, 44, Progressive), 142 Buchon, 22 110, 113, 125, 126, 7 DNA, 132 BusinessWeek, 43, 63, 113, 186, 205, 232, 233 8 Action Values, 133 204, 214, 235 Continuous innovation, 9 Shared Values, 144 132, 137, 144 Control Data, 17 A C Canon, 17 Convertible bonds (CB), 49, Adizes, Ichak, 9, 10, 11, 12, 67, 68, 87 13, 88, 124, 185, 201 Chaebol, 2, 5, 17, 28, 29, 30, 32, 38, 47–50, 52, 54, Corning, 22, 168 Aibo, 81 Corporate life cycle, 5, American Depositor 55, 56, 58, 62, 63, 65, 66, 67, 68, 94, 121, 7–16, 34, 124, 201 Receipts (ADRs), 73 Creative management, 44, American Forces Korea 124, 126, 129, 130, 131 Charge Trap Flash 148, 188, 212 Network (AFKN), 21 Credit Lyonnais, 80 Apple, 74, 83, 158, 181, 189, (CTF), 177 Cheil Communications, Crisis awareness, 136, 211, 212, 216, 224 137, 144 Asia Business Leader 110, 112 Award, 36 Cheil, 18, 50 Asian financial crisis, 6, 33, Cheil Jedang, 50, 53 D 55, 155, 217 Chin Dae-je, 103 Daegu, 18, 50 Asia’s Businessman of the Christian Science Monitor, 27 Daesung Heavy Industry, 52 Year, 36 Chrysler, 53 Daewoo, 30, 32, 52, 129, Chu Woo-sik, 43, 54, 215 B 188, 206 Daewoo Electronics, 25, Balli balli (quickly Chun Doo-whan, 23 32, 101 quickly), 138 Circular shareholding, 49, 53 Datamonitor summary, 48 Bankruptcy, 3, 20, 28, 29, Clinton, Bill, 21 Debt ratio, 30, 62 54, 107 CNBC, 36 Decentralization, 42, 88, 90 Bateman, Graeme,COPYRIGHTED 39 Code Division Multiple
    [Show full text]
  • THE NEXT PHASE the NEXT PHASE Samsung Annual Report 2003
    Samsung Annual Report 2003 THE NEXT PHASE THE NEXT PHASE Samsung Annual Report 2003 THE NEXT PHASE MOTIVATION To understand where we’re going, it helps to take a look at what’s driving us there. 9 COLLABORATION Successful companies no longer always go it alone. 23 EXPECTATION Customers are all about expectations. 35 DEMONSTRATION It is important to demonstrate that our standards, values and goals are indeed real. 44 COMPUTATION 61 All Samsung products and services mentioned in this publication are the property of Samsung. ORGANIZATION Published by Samsung in coordination with Cheil Communications Inc. The power of Samsung as a brand is tied Printed by Samsung Moonwha Printing Co., Seoul, Korea to the strength of its organizations. Written by Denis Jakuc 65 Principal Photography by Ashton Worthington Created by The Corporate Agenda: www.corporateagenda.com TEN YEARS AGO, Samsung launched its New Management initiative, with the ultimate goal of becoming one of the world’s premier companies. 1993 June Samsung adopts New Management initiative 1994 1995 1996 February January January January July Chairman Kun-Hee Lee holds Japanese headquarters opens Samsung opens headquarters Samsung Electronics begins Samsung Everland opens Carribean electronics products comparison in USA, Europe and China mass production of 64Mb DRAMs Bay, world’s first indoor and outdoor and evaluation conference July water park in Los Angeles, California, USA Samsung Corporation is the February March first Korean company to reach Samsung Electronics completes Samsung Electronics
    [Show full text]
  • Global Attractions Attendance Report COVER: © Disneyland at Disneyland Resort®, Anaheim, CA, U.S
    2015 2015 Global Attractions Attendance Report COVER: © Disneyland at Disneyland Resort®, Anaheim, CA, U.S. CREDITS TEA/AECOM 2015 Theme Index and Museum Index: The Global Attractions Attendance Report Publisher: Themed Entertainment Association (TEA) Research: Economics practice at AECOM Editor: Judith Rubin Publication team: Tsz Yin (Gigi) Au, Beth Chang, Linda Cheu, Bethanie Finney, Kathleen LaClair, Jodie Lock, Sarah Linford, Erik Miller, Jennie Nevin, Margreet Papamichael, Jeff Pincus, John Robinett, Judith Rubin, Brian Sands, Will Selby, Matt Timmins, Feliz Ventura, Chris Yoshii ©2016 TEA/AECOM. All rights reserved. CONTACTS For further information about the contents of this report and about the Economics practice at AECOM, contact the following: John Robinett Chris Yoshii Senior Vice President, Americas Vice President, Asia-Pacific [email protected] [email protected] T +1 213 593 8785 T +852 3922 9000 Brian Sands, AICP Margreet Papamichael Vice President, Americas Director, EMEA [email protected] [email protected] T +1 202 821 7281 T +44 20 3009 2283 Linda Cheu aecom.com/economics Vice President, Americas [email protected] T +1 415 955 2928 For information about TEA (Themed Entertainment Association): Judith Rubin Jennie Nevin TEA Publications, PR & Social Media TEA Chief Operating Officer [email protected] [email protected] T +1 314 853 5210 T +1 818 843 8497 teaconnect.org 2015 2015 The definitive annual attendance study for the themed entertainment and museum industries. Published by the Themed Entertainment Association (TEA) and the Economics practice at AECOM. Global Attractions Attendance Report 3 CONTENTS THE BIG PICTURE 6 2015 THEME INDEX 22 The Americas 22 Asia-Pacific 42 Europe, Middle East and Africa (EMEA) 52 © Aquaventure Water Park, Dubai, U.A.E.
    [Show full text]
  • Interim Business Report for the Quarter Ended September 30, 2014
    SAMSUNG ELECTRONICS Co., Ltd. Interim Business Report For the quarter ended September 30, 2014 Note about forward-looking statements Certain statements in the document, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements.” Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in our financial reports available on our website. Samsung Electronics 2014 Interim Business Report 1 / 152 Table of Contents Certification ........................................................................................................................................................................... 3 I. Corporate Overview .................................................................................................................................................... 4 II. Businesses Overview ................................................................................................................................................ 20 III. Management Discussion and Analysis ...................................................................................................................
    [Show full text]
  • Samsung Press Information
    Company Overview History of Samsung Samsung's history dates to 1938 when "Samsung General Stores" opened in North Kyung- sang Province, Korea. The company conducted its trade business until the 1950s when it became a producer of basic commodities such as sugar and wool. In 1958, Samsung be- came involved in the insurance industry by incorporating a local fire & marine insurance company. During the 1960s, Samsung became one of the first Korean companies to actively expand its overseas trade. The group consolidated its manufacturing base by adding paper and fer- tilizer businesses. Samsung continued with expansion into the life insurance business, strengthened its retail operations and then moved into the communications sector, success- fully establishing a newspaper and a broadcasting company. The 1970s were a crucial period in shaping present-day Samsung. Its strengths in the semi- conductor, information and telecommunications industries grew from the significant in- vestments made during this period. Samsung also took a meaningful step toward heavy industries by venturing into aircraft manufacturing, shipbuilding and construction, as well as chemical industries. In the 1980s, Samsung expanded its efforts into exploring the larger markets overseas. The group began contributing to foreign economies by building facilities in the US, the UK and Portugal. Samsung also invested considerable resources into fostering Korea's rich heritage by supporting a wide range of cultural and artistic activities. The final decade of the 20th century saw the evolution of Samsung's new approach to management. Chairman Kun-Hee Lee's insightful vision and the introduction of the "New Management" in 1993 acknowledged the need to transform management philosophy in or- der to keep up with a rapidly changing global economy.
    [Show full text]
  • All Korea (08) Days Tour
    N Seoul Tower Seokguram Grotto ALL KOREA (0 8) DAYS TOUR Visit : Seoul, Everland, Jeju Island, Hello Kit t y Island, Busan, Kyungju, Daegu GROUP TOUR Gyeongbok Palace Seongsan Sunrise Peak TOUR FARE: from* U S D 2 , 0 8 8 p/ person Single Supp: USD50 0 Based on TW N/ TRP Sharing Depart ure Dates: 0 4/ 0 4 , 0 4/ 25, 0 5/ 10 , 0 5/ 24 , 0 6/ 0 7 Via: (Korean Airlines OR Asiana Airlines) Itinerary: DAY 01 MANILA / SEOUL ? INCHEON (D) Assemble at the airport for your departure flight to SEOUL - the capital city of South Korea. The city is the country's political, cultural, and economic center, as well as an international business center, and is considered one of the top 20 "world-class cities". Upon arrival at the Incheon International Airport, meet by our local representative and proceed for Osam bulgogi dinner or similar at local restaurant . After dinner, transfer to Best Western Premier Airport Hotel or similar class for check in and overnight stay. DAY 02 INCHEON / JEJU ISLAND (B/L/D) After breakfast at the hotel. Morning visit Trick Eye + Ice Museum. Ginseng chicken soup lunch or similar will be provided en-route. Then transfer to Kimpo Domestic Airport to take the domestic flight to Cheju (Jeju) Island, known as the ?Hawaii of Love?. It is located in the South West sea of the Korean Peninsula and is highlighted for its uniqueness. Upon arrival, meet and begin our sightseeing tour including visit to Yongduam Rock, Love Land (for passenger 18 years above only), Mysterious Road and Cheonjiyeon Waterfalls.
    [Show full text]
  • THE STRATEGIC MANAGEMENT of KOREAN and JAPANESE BIG BUSINESS GROUPS: a Comparison Study Between Korean General Trading Companies and Japanese Sogo Shoshas
    THE STRATEGIC MANAGEMENT OF KOREAN AND JAPANESE BIG BUSINESS GROUPS: A Comparison Study between Korean General Trading Companies and Japanese Sogo Shoshas by IN WOO JUN A thesis submitted to The University of Birmingham for the degree of DOCTOR OF PHILOSOPHY Department of Management The Birmingham Business School The University of Birmingham August, 2009 University of Birmingham Research Archive e-theses repository This unpublished thesis/dissertation is copyright of the author and/or third parties. The intellectual property rights of the author or third parties in respect of this work are as defined by The Copyright Designs and Patents Act 1988 or as modified by any successor legislation. Any use made of information contained in this thesis/dissertation must be in accordance with that legislation and must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the permission of the copyright holder. ABSTRACT This research is an in-depth study of Korean GTCs (General Trading Companies) and Japanese Sogo Shoshas (the Japanese version of General Trading Companies), which are unique big business conglomerates but not well-known in Western countries. It investigates and compares several of their features, such as their history, characteristics, functions, organisational structure, corporate culture, human resource management, their impact on national economic development, strategic management and decision-making process. First, it examines a wide range of literature to show the functions of Korean GTCs and Japanese Sogo Shoshas as transaction intermediaries, information gatherers, project organisers, international marketers, financial providers, etc. With these varied functions, they have played significant roles not only from the macro aspect, but also the micro aspect.
    [Show full text]
  • Lang/ Baumann
    Lang/ Baumann Sabina Lang, 1972 born in Berne, Switzerland, and Daniel Baumann, 1967 born in San Francisco, USA, started collaborating in 1990. They live and work in Burgdorf, Switzerland Selected Solo Exhibitions 2017 Beautiful House #2, Le Confort Moderne, Poitiers, France Street Painting #9, Theaterplatz, Lucerne , Switzerland 2015 Street Painting #8, Rue de la Visitation / Rue des Ponts, Nancy, France Beautiful Steps #12, Picto, Geneva, Switzerland Beautiful Tube #4, Haus für Kunst Uri, Altdorf, Switzerland Somewhere between the lines, Castello Sasso Corbaro, Bellinzona, Switzerland 2014 UP#1, sic! Raum für Kunst / Elephanthouse, Lucerne, Switzerland Beautiful Tube #2, Parc Jean-Jacques-Rousseau, Ermenonville, France Open #2, les églises - centre d’art contemporain, Chelles, France Beautiful Steps #10, Casino Forum d’art contemporain, Luxembourg, Luxembourg 2013 Street Painting #7, Rue Jules Simon (40mcube), Rennes, France Struktur und Zufall, Wilhelm-Hack-Museum, Ludwigshafen, Germany 2012 Psychedelica 1: featuring L/B, Forde, Geneva, Switzerland Open, Grand Palais, Berne, Switzerland 2011 Comfort #6, Fri-Art Centre d’Art Contemporain, Fribourg, Switzerland Beautiful Tube, Wroclaw Contemporary Museum, Wroclaw, Poland Street Painting #6, Strelka Institute of Media, Design and Architecture, Moscow, Russia Lang/Baumann, Galerie Loevenbruck, Paris, France 2010 Galeria Foksal, Warsaw, Poland Street Painting #5, R-Art, Vercorin, Switzerland 2009 Le Bel Accident. Vincent Ganivet, Lang/Baumann, Le Confort Moderne, Poitiers, France I’m Real, Galerie Urs Meile, Beijing, China 2008 more is more, Galerie Loevenbruck, Paris, France 2007 Pocket Stadium, Locust Projects, Miami, USA Hotel Everland, Palais de Tokyo, Paris, France Comfort #4, Villa du Parc, Annemasse, France 2006 Lumps and Bumps, Spiral/Wacoal Art Center, Tokyo, Japan Hotel Everland, Galerie für Zeitgenössische Kunst, Leipzig, Germany 2004 Perfect #2, Stage, Berne, Switzerland Lobby, Kunsthalle St.
    [Show full text]
  • Theme Index and Museum Index: the Global Attractions Attendance Report
    GLOBAL ATTRACTIONS ATTENDANCE REPORT Cover image: Star Wars: Galaxy’s Edge, Disneyland Park, Anaheim, CA, U.S. Photo courtesy of Disney CREDITS TEA/AECOM 2019 Theme Index and Museum Index: The Global Attractions Attendance Report Publisher: Themed Entertainment Association (TEA) Research: Economics practice at AECOM Editor: Judith Rubin Producer: Kathleen LaClair Lead Designers: Matt Timmins, Nina Patel Publication team: Tsz Yin (Gigi) Au, Beth Chang, Michael Chee, Linda Cheu, Celia Datels, Lucia Fischer, Marina Hoffman, Olga Kondaurova, Kathleen LaClair, Jodie Lock, Jason Marshall, Sarah Linford, Jennie Nevin, Nina Patel, John Robinett, Judith Rubin, Matt Timmins, Chris Yoshii ©2019 TEA/AECOM. All rights reserved. CONTACTS For further information about the contents of this report and about the Economics practice at AECOM, contact the following: John Robinett Chris Yoshii Senior Vice President – Economics Vice President – Economics, Asia-Pacific [email protected] [email protected] T +1 213 593 8785 T +852 3922 9000 Kathleen LaClair Beth Chang Associate Principal – Economics, Americas Executive Director – Economics, [email protected] Asia-Pacific T +1 610 444 3690 [email protected] T +852 3922 8109 Linda Cheu Jodie Lock Vice President – Economics, Americas Associate – Economics, Asia-Pacific and EMEA [email protected] [email protected] T +1 415 955 2928 T +852 3922 9000 aecom.com/economics For information about TEA (Themed Entertainment Association): Judith Rubin Jennie Nevin TEA Director of Publications TEA Chief Operating Officer [email protected] [email protected] T +1 314 853 5210 T +1 818 843 8497 TEAconnect.org GLOBAL ATTRACTIONS ATTENDANCE REPORT The definitive annual attendance study for the themed entertainment and museum industries.
    [Show full text]
  • How Will the Economic Policies of South Korea's New Administration
    How will the Economic Policies of South Korea’s New Administration Influence Economic Relations with Japan? By Hidehiko Mukoyama Senior Economist Economics Department Japan Research Institute Summary 1. The presidential election held in South Korea in December 2012 was essentially a two-horse race between Park Geun-hye of the incumbent conservative Saenuri Party and Moon Jae-in from the progressive Democratic United Party, which was in opposition. A feature of the election that attracted intense interest was the fact that both candidates called for economic democratization and the enhancement of the welfare system because of their concern about the failure of the traditional pattern of growth led by the chaebol groups to contribute sufficiently to the improvement of living standards in South Korea. 2. Characteristics of the South Korean growth model that evolved during the first decade of the 21st century include global business expansion led by the chaebol groups, active government support for big business, and export-led growth. How- ever, while exports have been a growth driver, there have also been issues, such as employment problems and job insecurity for young people, and widening income disparity. In addition, deregulatory measures carried out by the Lee Myung-bak ad- ministration have had the effect of concentrating economic power in the hands of the chaebol, while small and medium enterprises have come under pressure from the ex- panding business activities of the chaebol. 3. Mr. Moon stated that he wanted to resurrect the equity investment ceiling system, which was abolished by the Lee Myung-bak administration, and announced a policy calling for the dissolution of cyclical investments within three years.
    [Show full text]