business

Japan's electronics giants still bleeding

15 Comments
By Peter Brieger

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© 2013 AFP

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15 Comments
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This shows that even with a weaker yen and lower priced Japanese electronics, people will still pick the better made, higher quality products like apple and Samsung.

1 ( +4 / -3 )

You do not see American cars in any other country other than America in my experience. Hardly surprising considering the build quality.

Japanese tech is not selling because it is too expensive. There was also a big opportunity missed to dominate the cell phone market.

-10 ( +2 / -12 )

Doesn't matter, one of the BOJ directors had said there is still room (in addition to $1.3 tri) for further easing money supply !

1 ( +1 / -0 )

There are opportunities for companies like Sony to go into their own movie theater business and rental videos challenging the few companies that control the Japanese entertainment industry here. Maybe more theater going would expand. Beside that, there Is also movie on line entertainment.

1 ( +1 / -0 )

I being a Filipino here in the Philippines buy Japanese products to help Japanese electronic company. I want to help their economy and also ours. Friendship between the two countries, Japan and Philippines means never leave each other in times of trouble.

3 ( +4 / -1 )

I am not too much of a geek, but besides the high tech and very good camera quality - which I enjoy - I do not see anything really left in the J electronic companies. I might be wrong, thus please enlighten me.

1 ( +1 / -0 )

If they are bleeding so much, ever wonder why they don't FAIL? Because Japan is not a capitalist country... those companies are not there to make profits. They are there to increase market shares for the purpose of increasing national power. They can lose as much money as they want and the Japanese citizens will pay for their mess. No wonder Japan is the most debt ridden nation in the world.

0 ( +1 / -1 )

Japanese tech is not selling because it is too expensive. There was also a big opportunity missed to dominate the cell phone market.

By using the same logic used above, Japanese products are sold at a LOSS overseas. They sell Japanese products cheaper overseas than domestically. Why? To increase market shares. The Japanese will pay for the imbalance by paying way more than the foreigners do.

You see the irony of this is that the entire world benefited from Japanese corporations by eventually lowering the price of electronics everywhere, yet the Japanese themselves did not benefit anything from this.

-1 ( +0 / -1 )

Japan' s electronic makers enjoyed the "Good Times" only because of the protected home markets. Now, they must truly compete globally and are finding out that they can't compete with likes of China and Korea. This should be a lesson to the farm lobby and the politicians regarding the TPP.

1 ( +1 / -0 )

I wouldn't call it "protected market". The tariffs against foreign goods in Japan are pretty low. It's just the Japanese populace is racist, they won't buy anything other then Japanese goods because they think they're the most superior race, and others can't make the same quality as they can.

-4 ( +3 / -7 )

I being a Filipino here in the Philippines buy Japanese products to help Japanese electronic company. I want to help their economy and also ours. Friendship between the two countries, Japan and Philippines means never leave each other in times of trouble.

Unfortunately, there is bad news for you. If you look at the global market data and trends: a. japan's products and technologies are being edged out by co's from korea, china, and the usa b. even car companies from japan will face tough competition in the next 2-3 years alone! c. the yen weakness won't help japan much in the medium term (2-3 years time) d. innovation are growing all over the world from turkey, asia, south america etc..

in conclusion, as i have mentioned often in my postings, japan is in trouble, not just starting today, but specifically starting in about 20 yrs from now.

but even in the next 5-10 yrs alone, japan's top companies (sony, panasonic etc) will not be able to fight against china's huge companies and korean companies. thats the reality.

0 ( +1 / -1 )

I wouldn't call it "protected market". The tariffs against foreign goods in Japan are pretty low. It's just the Japanese populace is racist, they won't buy anything other then Japanese goods because they think they're the most superior race, and others can't make the same quality as they can.

This is probably not true, the Japanese market is heavily controlled. If they could buy better quality products at cheaper prices, then they would.

-2 ( +0 / -2 )

As with the so called 'glass ceiling' protectionism. If one goes to a large electric shop such as Yamada Denki , no other than Japanese brands can be found. Costco on the other had does sell LG along side Japanese brands. When asked if I could buy a Samsung tv at Yamada, they said sorry no. I wonder why a private enterprise would not be open to profit making by handling other makers products. I'm not saying Korean TVs are better. Behind the scenes, it's all Japanese or nothing. On the other hand, we see Japanese and Korean cell phones side by side.

0 ( +0 / -0 )

It is not only COSCO. Walmart, too. very very cheap things are usually made-in-China, Pricely gadgets are Japanese brand made-in USA. Computers, HD Tv's. They had to pay for their investment butwhen they finished to get invetment back, it is all profit. They are not bleeding in USA. Ia there American electronic makers yet? Toshibam Mitsubishim etc acquired USA compaies.

0 ( +0 / -0 )

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