The effects of Information Technology on social as well as economic life are sometimes called the “Third Industrial Revolution”. In the business world, it changed significantly the way of management, strategies of companies, production system, human resource management, corporate governance, accounting system, distribution channel, marketing system and so on. These trends are often reported in business journals and academic papers.
This paper intends to access the following research questions based on the experience of Japanese large companies since 1990.
1) How much is the investments for IT in private sector among private facility investment since 1990 in Japan?
2) What are the directions of such changes of Japanese management under the effects of IT revolution, especially among production system, human resource management and corporate governance?