【Expatriate staff column】 The United States of America

America, a nation at the forefront of discussions.
With various cultural exports that impact the globe—from Hollywood movies, music, sports,
landscapes, and high-tech industries—the U.S. is a Melting Pot of diverse ethnic backgrounds
that make it unique from mono-ethnic nations like Japan. Asserting one’s rights and opinions
are celebrated among a people who value liberty and equality above all, allowing captivatingideas to be spread the world over.
Overview of the U.S.
A great economic power consisting of 50 states with its governing body in Washington D.C.,
the U.S. is the largest multi-ethnic nation with a land area 25 times the size of Japan and a
population of 330 million.
According to the 2020 U.S. National Census, though the population has continued to grow,overall growth rate has slowed—as of 2020, the ethnic make-up of the U.S. population was
Caucasian 57.8%, Hispanic 18.7%, African-American 12.1%, Asian 6%, Other 6.1%. Looking
further at the U.S. Diversity Index (DI), ethnic diversity has continued to grow from 54.9%

to 61.1%. Within this diverse framework, the two main languages spoken are English (80%)
and Spanish (12%).
From a religious standpoint, nearly 70% of all Americans identify as Christians and 50% asProtestants, stemming from the Puritan influence of America’s first settlers from Europe.
America’s economy is just as diverse, specializing in manufacturing, agriculture (wheat, corn,soy, etc.), and forestry within the industrial sector, while also having a focus on finance,insurance, real estate, and services in the commercial sector.
Total Population（million）

Increasing rate
25%

350
300

21%

20%

19%

250
15%

16%
15%

15%

13%

200
13%

150

11%
10%

10%
7%

100

7%

50
010%

5%

0%

Characteristics of Each Region
New York, located on the Northeast Coast, is the epicenter of American commerce being
home to international corporate headquarters as well as the United Nations.

On the West

Coast, Silicon Valley houses the headquarters of leading tech companies such as Apple, Google,Airbnb, and various semi-conductor manufacturers. Between these two epicenters, a vast
stretch of land allows for various climates, cultures, and industries to flourish in each state.

Advantages of Investing in the U.S.
Though recent media attention has been focused on China (with a population of 1.3 bn) andIndia (with a 2050 projected population of 1.7 bn), the U.S.—despite its population of 330
million—boasts a GDP of nearly 20 trillion dollars and a quarter of the world economy, making
it the largest economic power in the world.
The comparative wealth of American citizens supports a flexible American economy, of which
consumer spending constitutes 70% of America’s GDP (i.e., 17% of the global GDP). The
U.S. is still the world’s largest global market, and it continues to grow.
Which industry has the highest profitability in each state?
The map below shows the most profitable industry in each state. While each state in the U.S.
boasts its own unique identity, local industrial development is often dependent on regional
geographical features. Local industries may adapt to regions suited for agriculture or operateas bases of research, while other industries may develop as centers of tourism.

Primary examples of highly profitable state-based industries include oil in Texas; aerospacein Washington; jewelry (diamonds and precious metals) in New York; oil and minerals inLouisiana’s Gulf Coast; research and development in California; and the automotive industryin Michigan.

Moreover, the U.S. has promoted a return to U.S.-based manufacturing with the doctrine,“made in America.” The generally accepted motives behind this push are to (1) mitigate risk;(2) reinforce self-supply; (3) develop a reliable self-defense network; (4) incentivize
consumer demand; and (5) promote sustainability. In addition to U.S. corporations, those inEurope, China, Korea and ASEAN, etc. have also begun developing their own production basesin the U.S.
The U.S. possesses a vast land filled with abundant natural resources, allowing industries toprocure raw materials, manufacture, and process end products entirely within its borders. As
a result, U.S.-based manufacturing serves as a hedge against geopolitical and supply chainrisks.

For Japanese corporations expanding into the U.S., as displayed in the figure below, themanufacturing industry still represents the largest sector of expansion overall despite its
declining ratio to the whole.

BYOKANE (U.S.A.) CORPORATION
Byokane (USA) is a trading company specializing in the production and handling of a wide
variety of processed metal components including bolts, nuts, and other various fasteners.
Established in 1988, Byokane (USA) has since continued to support the manufacture ofautomotives, home and office appliances, housing and medical equipment, and renewableenergy.
The sales office and distribution warehouse in Norcross, Georgia, serves as an ideal location
due to its temperate climate and minimal risk of natural disasters, making it possible tomaintain a stable supply network for customers. Bilingual staff, communicating in English
and Japanese, work to enhance customer satisfaction by providing products and solutions inline with customer needs and delivering a timely supply solution from a carefully managed
inventory.

This carefully managed supply system is made possible by a global Byokane

network that allows us to deliver high-quality products which meet customer needs.

Byokane’s main production capabilities include specialized cold forming, stamping, machining,die-casting, MIM, coiling, sintering, ASSY, injection molding, specialized molding, resin
molding, and FA—all of which allow the supply of such products as precision fasteners,
specialized collars and nuts, assembled parts, springs, and molded plastic parts.
Anticipating and Responding to Changing Needs
Popular interest in carbon neutrality has turned recent national attention towards the EVindustry, after a presidential executive order was signed into effect, outlining a goal “that 50%of all new passenger cars and light trucks sold in 2030 be zero-emission vehicles” (WhiteHouse statement). By achieving this target, greenhouse gases from new cars sold in 2030
would decrease by more than 60% compared to those sold in 2020. Moreover, the U.S.
government is endorsing a shift towards an EV-centric automotive industry after 7.5 bn dollarsof government subsidies were set aside for the development of EV infrastructure as part ofan overall 1-trillion-dollar infrastructure investment plan.

A recent EV project involving specialized bolts, for use in a leading e-commerce fleet ofdelivery vans, has allowed Byokane to be a part of this growing trend. Such projects directly
lead to the reduction of greenhouse gases. In the early stages of this project, discussions
regarding bolt prints led to a consultation with manufacturers to propose various bolt shapesthat would conform to customer needs while remaining effective and realistic.

A final design was determined with the customer after exchanging needs and requirements
concerning dimensions, inspections, and quality satisfaction.
Byokane’s mission statement is to provide the best possible customer experience and achieve
high customer satisfaction by proposing solutions for both existing and potential needs, while
incorporating Byokane’s capabilities with customer input.
Expansive business opportunities await in environment-responsive markets like the growing
EV industry, with opportunities in charging stations and EV components, or equipment-centric
markets like the medical industry, of which the U.S. market comprises 40% of the total global
market share. If there is anything we can support, Byokane’s vast network of supply chainsand production resources founded on a principle of timely delivery and quality satisfaction isyours, starting with a stable supply here in Georgia, U.S.

For more information, contact

Byokane (USA) today for quotes and free consultations.

Company Information
Name： BYOKANE (U.S.A.) CORPORATION

Address： 4025 Steve Reynolds Blvd. Suite 114 Norcross, GA 30093 USA

Establishment： 1988ISO Certification ：ISO9001:2015<Contact>
If you have any requests or inquiries, please feel free to contact us.
We look forward to developing a mutually prosperous relationship with you.
**If you have any difficulties for in-person meetings, we can also accommodate web
meetings over Microsoft Teams.
Tell：+1-770-923-3228

E Mail：byokanesupport@byokane-usa.com

USA HP：

https://www.byokane-usa.com/

Language:

Japanese, English