ラジオビジネス英語 Lesson（83）
9月4日(水)
Syoko and Anarch discuss the syndicate group. The banks that will participate in the international sydicated loan.
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What kind of opportunity would the loan give Bindi?
-It would diversify their investor base.
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Why are you so confident that East Asian and Middle Eastern Banks will participate?
-Because the deal would give them a great opportunity to establish a relationship with one of India's most prestigious companies. For Bindi, it means deiversifying their investor base. I hope Bindy's open to involving new Banks, but ..
-No worries. Unlike us and European borrowers, Asian borrowers have robust funding needs. So they typically don't limit the number of Banks.
-Great. So.. when are you available for ..
-I'm actually going on a business trip to New Delhi next week. Can I leave the presentaion to you?
-All by myself?
-Oh, Shyoko, it's your time to shine.
-Alright, I'll do my best.
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prestigious
diversify -> diverfify one's investor base
diversify
[daɪˈvɜrsəˌfaɪ]
[dɪˈvɜrsəˌfaɪ]
be open to
robust
typically
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one's time to shine
- It's your time to shine.
- Why don't we embrace the challenges. It's our time to shine.
- You can make a significant impact. It's your time to shine.
- This is your moment to shine.
- Now is your chance to show your brilliance.
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Shyoko, I understand it can feel overwheliming to take on such a task alone. But remember, you're not alone in this. We're team and I'll be here to help you fine tuned the presentation until it's perfect. Together, we can do it.
Shyoko, I know it might seem daunting but I have full confidence in your abilities. You've been preparing for this and I believe you can deliver an amazing presentation. Plus, I'll be available to support you every step of the way.
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In today's sentnece, Shyoko was encouraged by Annik. When it comet to a word of encouragement, what comes to mind?
-Well, it's always nice to get a pep talk from someone. It's also fun to give pep talks to. These days you might hear the phrase I'm pround of you. When I hear that it shows that the speaker believes in me and the self-doubt just melts away. No matter which phrases you use, reassurance works best when it comes from the heart.
-I'm pround of you... I see. A pep talk refers to a short speech which is intended to encourage someone to feel more confident.
pep talk
A speech of exhortation, as to a team or staff, meant to instill enthusiasm or bolster morale.
＜＞small talk
ｰｰｰ
ラジオビジネス英語 Lesson（82）
9月3日(火)
Shoko and her supervisor Annik from ABC bank's Munbai branch discussed the proposal for Bindi.
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What might be an issue in arranging the syndicated loan?
-The duration of the loan.
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I appreciate your ambition to pursue the position of the lead manager. The total amount of 500 million dollars seems reasonable, but Bindi want a five-year alone instead of three this time. If we aim to become the lead manager, we should put up a proportionally bigger share of the loan, say, sixty percent of the total. Do you think Tokyo will approve?
-60 percent of 500 is 300 million dollars, and for five years.. Hmm.. The duration of the loan might be an issue, but I'll try. Keep your fingers crossed.
-I will, Shyoko. Any thoughts on which banks we should invite?
-Japanese regional banks might hesitate to commit beyound three years, but my gut tells me that East Asian and Middle Eastern Banks would be eager to participate.
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reasonable
put up 拠出する
proportionally その割合に応じて
duration
my gut tells me
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my gut tells me
my instinct tells me
- My gut tells me that East Asian and Middle Eastern Banks would be eager to participate.
- My gut tells me something isn't quite right about this situation.
- My gut tells me that what he said was true.
＊1 億 = 100,000,000
Assuming the exchange rate being 150 yen to the dollar, it's 45 billion yen. Headquarters will probably approve up to 40 billion yen.
At 270 million dollars. That's 54 percent of 500 million dollars. Still, the amount underwritten is more than 50 percent, which should be acceptable for Bindi.
* underwrite その金額をコミットする
underwritten 引き受け
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ラジオビジネス英語 Lesson（81）9月2日(月)
The Mumbai branch of Japan's leading ABC Bank has been invited to bid for a syndicated loan to Bindi Steel, Indian's leading steel company. Annick Jindal, the Syndicated loan manager at the bank's Mumbai Branch discussed the course of action with Suzutani Shoko, an expat from ABX's head office in Tokyo.
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*steel
*synicated loan
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Why does Bindy Steel need another bank loan?
-Because they need to keep up with skyrocketing orders worldwide.
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As I mentioned in my email earlier, Bindi Steel has been invited us to bid for their next syndicated loan. They require financing to expand their production capacity in Bengal.
-Do they really need another financing? Bindi secured up to 1 billion dollars just a year ago.
-Yes. It seems they need to keep up with skylocketing orders worldwide. The company revised its revenue forcast upward by 20 percent for this year. Their steel products are in high demand and are now exported to over 90 coutries.
-Indeed. Well, this present a golden opportunity for us. Last time we were merely one of the managers. This time however, we should strive to secure the status of lead manager.
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bid
syndicated loan シンジケートローン 国際協調融資
-> 複数の金融機関が協調してシンジケート団を組成し、一つの融資契約書に基づき同一条件で融資を行う資金調達手法
skylocketing
revise ... upword
revenue
golden opportunity
manager
lead manager
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revise ... upward <> downword
- The company revised its revenue forcast upward by 20 percent for this year.
- The sudden drop in sales forced us to revise the forecast down.
- An increase in sales enable us to revise our forecast upward.
- The company adjust its revenue forcast upward by 20 percent for this year.
*adjust ... upward - The company raised its revenue forcast by 20 percent for this year.
*raised ... by ...
- What are the pros and cons of syndicated loans?
Borrowers can secure large amounts of money from a consortium of lenders that have a larger capacity than a single lender does.
-Lenders can spread their risk across multible borrowers reducing their exposure to any single bowwoer or sector.
exposure
信用許容の金額
"We use derivative transactions to hedge our exposure to foreign exchange rate fluctuations."
-> Our house has a southern exposure. 南向きの家
Color exposure
Syndicated loans can be complex to negotiate and administer requiring extensive legal and financial expertise from both bowwowers and lenders.
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ラジオビジネス英語 Interview（3-4）
8月30日(金)Brett Cline
Brett considers himself to have been fortunate to do something in his career. What is it?
-Finding incredible people in different countries that share a passion for technology.
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One way you describe yourself is a startup advisor having expertise in bringing new products to the global market. Could you tell us a bit about it, please?
-I really enjoy working with small companiese where there's people that are very passionate about what they do. I've had the experience of working for larger comapies. The first one I mentioned was, you know, hundreads of thouthands of people, and some of others have been there tens of thousands of people, but I really like to work with small group of people that can be very passionate and very motivated to make a significant change in the world. And leading a sales team requires hiring people all over the world and so I've been very fortunate in my career to find incredible people in many differnt countries that share a passion for technology. Today, I have employees that are on the sales team in Japan and Korea and China and in Europe, in the US. And these all people, they are very passionate technologist and really want to bring new technologies to the world. And I think that's really great. Because of this, I've also made a lot of freinds aroaund the world, so, you know, when I go to Japan, I have some of my fovorite restaurants and I get to meet some of my friends if I'm lucky to visit them and have dinner togethere and so this is vey exciting for me. But in addition to my full-time job, I try to also work with very small startyp companies. And there are usually companies that have 10 or 20 employees. And the goal for me is to help them turn their technologies and their ideas into products and then bring these products to market whether it's in the US or Europe or Japan and this may mean helping them understnad a marketing strategy or sales strategy. But even might mean helping them sort out some of the cultural differnces. Uh, sometimes it's as simple as when you travel to Japan, please take the Narita express to Yokohama and here's a good hotel you can stay in. So sometimes it's quite simple but sometimes it's also a little bit more advanced. So I really enjoy that aspect of .. um, of helping these companiese and one thing I've learned is that sometimes form the outside it's eaier to see what a company can either change or maybe improve than it is when you're inside the compay. So that's a really oh interesting away from to spend some time.
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expertise
Expert knowledge or expert skill sets. An example would be, All of the candidates are good but his expertise in marketing could help us with our next project. This means that the candidate possesses a unique high level of knowledge anad skill. Common examples include medical expertise, technical experticse, legal expertise, and so on.
hundreads of thousands of
More than one hundread thousands =100,000. But less than one million =1,000,000. Six figures. Brett talked about the sizes of companies he's worked for. The first one employed hundreds of thousands of people. Very big. He also worked for other companies that had tens of thousantds of people, or more than ten thousands but less than 100,000, which would be five figures. 10,000.
motivated
Determied, having drive or ambition for something, eager to do something. Brett mentioned that he likes working with people who are motivated to make significant changes in the world or very enthusiastic about making significant changes. Another example would be a motivated employee. We can tell that this would be someone who is a hardworker who wants to do a good job.
Turn into
A turn into B means to change form from A to B. To make A into B. If you raise the temperature, you can turn water into a gass. If the temperature is freezing, you can turn water into ice. Bress talked about turning technologies and ideas into products. meaning to transform the thechnologies and ideas into products.
sort out を解決する
To figure out or to organize to resolve a problem successflly or come to an understanding. Brett talked about helping people in his compnay. Sort out some of the cultural differences. This means helping people understand and overcome those cultural differences. Another example would be, I was having computer problems but I called IT and we got it sorted out. This mean we got it all fixed.
aspect
A perspective. A part of something or feature of something. A way of thinking about something. Especially if it's a complicated topic. Mr. Bratt said I really enjoy that aspect of helping these companies. meaning I rally enjoy that part of helping these companies. Another example is, This is an exciting pitch, but we will have to consider the financial aspect or finantial angles before we can move forward.
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open up
Working with a diverse team opens up a world of new perspectives and ideas.
push one's limits
Enthusiastic teammates inspire you to push your limits and strive for excellence.
bring energy
Collaborating with enthusiastic people brings energy to the project.
broaden
Lerning from the unique experiences of divrese co-workers broadens your own skills and knowledge.
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Sometimes form the outside it's eaier to see what a company can either change or maybe improve than it is when you're inside the compay.
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ラジオビジネス英語 Lesson（80）
8月29日(木)
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Subject: Date for office relocation to Shibuya.
Hi all,
We'd like to inform you that the move is scheduled to take place on Friday September 20th. Our IT and administrative teams are working diligently to ensure a smooth relocation process. We're excited about the opportunities that our new location will bring and looking forwand to creating events together in our new space.
Thank you for continued support.
Regards,
Yuri
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- I'm just wondering when we should inform our clients about the relocation.
- Any idea when we should give our clients the heads up about the office move?
To take into consideration or make adjustments for; allow for
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The expression such as just a heads up. That's a shortened version of this is just a heads up.
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- I'll make sure to take care of any ncecessary arrangements to accomodate the closure.
- I'll remember to make the necessary arrangements to adjust to the closure.
- Please remember to submit your timesheets by Friday afternoon.
- Please review and sign the updated company policies by the end of the month.
- Please clear out any peronal items from the kitchen as it'll be undergoing maintenace tomorrow.
- We've updated the procedures for booking conference rooms.
- Please prepare your self-assesment froms in advace to be ready for the performance review.
ラジオビジネス英語 Lesson（79）
8月28日(水)
The lunch is nearing its end. Michio is trying to gather information about the CEO from Emma in advance.
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In what sense is Sam a typical American?
-He's willing to take risks, push boundaries and seek out new opportunities.
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By the way, do you have any useful info on the new CEO? I know Smuel's profile, but I've never met him before. It'd be nice to have some prior knowledge.
-Well, I can't give away information for free.
-Oh, come on, Emma.
-I'm only joking. I'd say Sam is a typical American business man. He's willing to take risks, push boundaries and seek out new opportunities. So show your passion and ambition. He'll appreciate that. Honestly, I think you are fine just the way you are.
-Thank you, Emma. It helps a lot. Well, we'd better get going. Thanks for bringing me to such a wonderful place.
-The pleasure is mine. Let's explore how to put our ideas into action.
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prior knowledge
give away
push boundaries 可能性を広げる
seek out <- more active than just seek
get going
put into action
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put ... into action
- Let's explore how to put our ideas into action.
- It's time to put the plan into action and see how it performs in the real world.
- We're ready to put our customer's suggestions into action.
- Let's investigate how we can execute our ideas.
- Let's see how we can roll out our concept.
execute
[ˈɛksəˌkjut]
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- That's valuable information. So, whatever he asks me, I'll assure him that I can do it.
- I can't just take such valuable information for free. Can I? Next time you come to Tokyo, I'll treat you to a delicious Japanese meal.
- Maybe I'll change my name to Passion Ambition, then.
Jenny, if you were in ..'s position, how would you react to Emma's humoor?
-If Emma were joking to me that she would need something in exchange for information, I might say something like
Oh, so how much info will this lucky paper clip get me?
or You drive a hard bargein. Bye... and pretend to walk away.
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ラジオビジネス英語 Lesson（78）
8月27日(火)
Emma informs Michio about the career aspirations of local employees leaving Michio a little surprised by her frankness.
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In which countries do career driven individuals tend to prefor to work?
-They tend to favor the US or other European countries.
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The situation here in London might differ a bit from Asia. Of course, everyone wants to go to Tokyo and enjoy Japanese food and so on. So temporary training opportunities are a plus, but when it comes to living and working in Japan, some of the more career drivin individuals tend to favor the US or other European countries.
-Wow, that's rather unexpected, but thanks for being honest.
-I'm glad you understand. Sorry, I didn't want to dampen the mood, but I thought it was important to be honest.
-Not a problem.
-I've never tasted such a delicious apple crumble. How's yours?
-This tiramisu melts in my mouth. I'm really into Italian desserts lately.
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dessert <> desart
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temporary
be a plus
career driven -> environment driven/ family driven
favor
dampen the mood
melt
be into
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dampen the mood
- I didn't want to dampen the mood.
- The supporters' yelling dampened the mood of the football match.
- The news dampened the mood of the stock market.
- I didn't want spoil the mood.
- We didn't intend to sour the mood.
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Is the reason for choosing the West over Tokyo simply a career related issue? Are there concerns such as languages or cultural differences at work?
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If children's education is a concern, we could provide more information on things like international schools. What do you think?
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If career-minded business people intend to go to Asia, would their preference be for Hong Kong or Singapore rather than Tokyo?
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ラジオビジネス英語 Lesson（77）
8月26日(月)
Michio and Emma's conversation turns to the career aspirations of local employees in the UK. Michio is surprised by Emma's unexpected statement.
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What additional offerings does the head office provide for overseas employees aside from training?
-They provide opportunities to work in Tokyo.
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Emotional connection. That's that. What about their career development?
- The training in Tokyo plays an important role in motivating our staff. It help them understand the organization and activities at the head office.
-That's great to here. We'er planinng to expand training opportunities for overseas employees at HQ evern further, and we're actively offering chances to work in Tokyo as wel.
-Regarding internal job offers for head office positions, the idea is appealing to certain individuals, but not to everyone. Honestly, for others, it may not be as enticing as those in Tokyo think.
-Are you suggesting that people in London aren't interested in working in Tokyo? Actually, we receive numerouns applications from our Asian base.
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That's that.
-> (and) that's that
That is final; the issue is settled or completed.
play a role
HQ -> headquarters
enticing-> enticing smell of fresh bread.
numerous
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play an important role
- The training in Tokyo plays an important role in motivation our staff.
- Financial planning plays an important role in securing a stable future.
- Renewable energy plays an important role in tackling climate change.
- Training in Tokyo is instrumental in motivating our staff.
*be instrumental in に重要な役割を果たしている
instrumental
-serving as a means or influence; helpful
- Training in Tokyo is vital in fostering motivation among our staff.
*vital -> crucial / istrumental -> extreamely importnat
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- It may not be enticing as thoes as in Tokyo think.
The training consisted more of listening to lectures than of being interactive. Ans some of the participants may have felt that their opinions weren't listened to very well.
consist of (something)
To be made up of (something).
<> consist in (something)
To have something be the sole, primary, or most important element or aspect.
*more of ... than of ...
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Surprisingly, the board members also showed up at the welcome reception, but they were only in the venue for the first five minutes and left before the participants realized it. The participants said it would have been better if they had had the opportunity to speak to them directly.
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ラジオビジネス英語 Interview（3-3）
8月23日(金)Brett Cline
What issues is likely to arise in many countries with the spred of AI?
-The issue will be about how much power the computers use.
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-AI semiconductors are recently a hot topic. Brett-san, how will AI affect the semiconductor industry? What are the challenges that the industry faces?
-Thank you for this quesion. You know, artificial intelligence's.. is certainly something that's going to change the game in nearly every market including the semiconductor industry. Uh, semiconductors and computar processors are absolutely critical for artificial intelligence. Some everyday examples of artifficial intelligence might be the digital assistance that are on your phone, the smart home device that helps you manage your themostat in your house or self-driving cars for instance. Each of these has a number of key concepts that's associated with it. So these artificially intelligent systems, we need to learn from large data sets to build them. They need to have pattern recognition and they need to be good at decision making and each one of these items requires an incredible amount of data processing capabilities. Um, so that means that there's processing power or computer processing power, which is what we do in accordance right now. So there's a number of big challenges that are associated as well. So these electronics that we build need to perform even faster to handle these large data sets. And I think in many countries around the world, there'll be a huge concern about how much power these computers are using. And so, fortunately, the technology that we're building with the computer processor, which is also often called the CPU. It's critical in each of these tasks and what we're trying to do for our customers is allow them to customize these computer processors to give them a big advantage on their products by improving the data processing performance, but also trying to help them with power reduction. So, the goal is to try to be very very efficient but allow these high capabilities in terms of the amount of data that can be processed quickly.
-I see. Could you give us an example what you mean by power reduction?
-Well, you know, if you put your smartphone in your pocket, you don't want it to be like a heater or you don't want it to melt.
-Yes.
-So as it's doing incredible things, maybe it's processing your voice or maybe it's doing some camera work, you want to make sure that it does it very efficiently and doesn't use a lot of power in terms of heat, but that also when we all plug our car in at night or we plug our smartphone in, that is not drawing too much power off of the electrical grid, which also cause problems.
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change the game
Change the game to change the way things are done in a big way.
thermostat
A thermostat is a device used to control and regulate temperature, especially in buildings with central heating and cooking. These types of thermostats are usually small devices that are attached to a wall, where you can view and adjust the temperature of the home.
be assosiated with
pattern recognition
In terms of engineering, pattern recognition or PR refers to the processes of detecting patterns or regularities in data and the ability to continue building upon those patterns. It can also classify that information into categories. Pattern recognition has many applications. An example is when you take a picture of someone with a smartphone and it uses pattern recognition to see if it matches any of the faces it knows.
incredible
In this case, incredible means a large amount of something or extrordinary. Brett talked about items that require an incredible amount of data processing capabilities. Meaning a huge amount of data processing capabilities at a level that may be difficult to believe or imagine.
CPU
A CPU is a computer processor. It stand for central processing unit. It's the hardware that functions as the brain of the computer.
melt
If something melts, it changes from a solid into a liquid due to high heat.
draw ... off of
To draw A off of B means to withdraw or to get A from B. Brett mentioned drawing power off of the electrical grid. This means taking power or removing power from the electrical grid.
electrical grid 電力網
Grids in this case are conductors that distribute resources like electricity to consumers. An electrical grid is a network of electricity.
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remain challenging -> reamin a challenge
AI has made significant progress in analyzing human emortions, but empathy and cultural nuances remain challenging.
personalize user experiences
It's amazing that AI driven recommendation systems have changed the way we shop online by personalizing user experiences.
spark debate
The rise of AI has sparked debates about ethics, particularly regarding privacy.
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- Machine lerning algorithms have enabled computers to learn from data and make predictions.
*algorithm(s
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Artificial intelligence is certainly something that's going to change the game in nearly every market including the semiconductor industry