Kronos's past comments

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  -1

  KronosOct. 21, 2011 - 01:20PM JST

  @ Spidapig

  It is not about where you are, it is about being prepared. Underdeveloped countries have more problems with their infrastructure than developed ones. Japan has constant earthquakes, but they are also prepared against them.

  I do not believe natural disasters were high up in companies' forecasts when they were relocating their production, though that might change soon.

  Posted in: Thai flooding halts car production by all 9 Japanese automakers

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  KronosOct. 19, 2011 - 04:54PM JST

  He is just warned? Life is cheap I guess..

  Posted in: Sumo stablemaster warned for beating wrestlers with golf club

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  KronosOct. 18, 2011 - 10:04AM JST

  And could Mr.Ghosn suggest how the government can do that?

  Is he suggesting that the government should keep printing money, sell Yen but risk inflation? Or maybe he has some other suggestions. It would be grateful if he could share it with us instead of just complaining about it.

  It is very tiring to see all these people talking crap about the high Yen and the J-Government but not suggesting any solutions.

  Posted in: Business people, when they make a decision about where to source a new project or where to source new parts or where to source a new car, well, at 76 yen to the dollar it’s very easy to come to the conclusion that Japan is not a good place to source that.

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  KronosOct. 17, 2011 - 09:24PM JST

  @rarara:

  Yes, the purchases have been made between 2006-08. But I do not know how much Woodford knew or he did not know or what kind of person he is. It seems that you have some inside information regarding Woodford's character and his responsibilites in the firm.

  In any case, it is not much relevant. I would also sell Olympus shares even if these details did not make it to the news. Hiring nad firing CEOs is not a child's play and indicates serious governance issues.

  Posted in: Olympus shares plunge 24% following British CEO's ouster

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  KronosOct. 17, 2011 - 08:44PM JST

  For those who are interested in details. From Wall Street Journal

  http://online.wsj.com/article/SB10001424052970203658804576634792112130906.html

  Posted in: Olympus shares plunge 24% following British CEO's ouster

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  2

  KronosOct. 17, 2011 - 08:39PM JST

  Actually there are more details in the press. Michael Woodford was investigating payments made to a shady financial advisory firm for purchases of Companies made by Olympus. Apparently substantial amount of payments were made and then the financial advisory company disappeared into thin air.

  The Board did not give him a proper reply regarding the money. He wrote a letter asking the board members to resign. Then got fired.

  It is no wonder the investors are selling off the stock.

  Posted in: Olympus shares plunge 24% following British CEO's ouster

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  KronosOct. 17, 2011 - 10:19AM JST

  Jesse Custer from Preacher series, John Constantine, Batman from Alan Moore's "Dark Knight Returns", Neil Gaiman's Sandman

  Posted in: Who is your favorite comic book, movie or TV superhero?

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  KronosOct. 05, 2011 - 01:09PM JST

  Are the rights to iPhone 5 up for grabs as well? i.e. is Softbank's exclusive hold on iPhone distribution over?

  Posted in: KDDI to sell new iPhone in Japan, ending Softbank's domination

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  1

  KronosSep. 30, 2011 - 02:34PM JST

  Egypt is practical.

  Posted in: While European countries impose prefecture-by-prefecture restrictions, Egypt bans Japanese food imports all together.

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  KronosSep. 28, 2011 - 01:36PM JST

  Re: Privacy

  I think the fact that you can use aliases in Mixi goes a long way. I still have my real life friends on my friend's list, but I do not want to publish my every detail on the internet for the world to see.

  Posted in: Mixi spokesman gives views on Facebook, Twitter & social media in Japan

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  -4

  KronosSep. 28, 2011 - 10:27AM JST

  I like Mixi's privacy. I prefer Mixi over FB anytime.

  Posted in: Mixi spokesman gives views on Facebook, Twitter & social media in Japan

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  4

  KronosSep. 28, 2011 - 10:21AM JST

  I do not believe economy should be priority. First thing that needs to be done is to prove that there will be no health risk in living in Fukushima. If the radiation levels are harmful - considering the long-term effects as well - then what is the point of encouraging growth in a region which will harm its population?

  First the people, then the economy.

  Posted in: What is the best way to help rejuvenate the economy in Fukushima Prefecture, considering that many people are reluctant to buy produce from the area due to radiation fears?

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  KronosSep. 27, 2011 - 10:16AM JST

  I am not exactly sure what the comment is referring to. Normal subsidies or specific hand-outs?

  Governments usually set base prices for agricultural produce so that if the farmers cannot sell their good in the market, government buys them. This is to support agriculture which is an extremely vital sector in every country although many people seem to forget it. Sometimes these "base" prices, which can be affected by political decisions, can be set too high so that it is better for the farmers to sell their goods directly to the government rather than in the market. Governments are usually (or should be) very active in price control in agriculture since this sector cannot be left to predatory pricing or extreme market fluctuations.

  But the point is, this is not specific to Japan. There are many other countries in the world who follow the same practice.

  Posted in: For two, almost three, generations Japanese agriculture has been essentially 'socialized,' that is, sucked into the maw of the bureaucratic, administrative state. Japanese farmers think and act like government employees, who expect—and receive—a guaranteed income from the state.

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  KronosSep. 20, 2011 - 11:12AM JST

  Cost-cutting measure for J-government. But I am not sure if it will work after encouraging psychiatric hospitalization for all these years.

  The original article is below for those who want to read the details.

  http://www.bloomberg.com/news/2011-09-13/releasing-70-000-japanese-psychiatric-patients-shows-noda-s-debt-challenge.html

  Posted in: If hospitals force out 70,000 patients immediately, we must be ready for several thousand of them to be homeless on the street.

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  KronosSep. 15, 2011 - 01:29PM JST

  I am not concerned by the Chinese spending money in their military. I am sure Chinese are well aware that any kind of war would also be bad for China and not just for their "enemies".

  Future lies in economic muscle and China's got a bundle. So stop worrying about the money China is spending on their military. Worry more about their their current economic strength and rest of the world's abysmal economic situation.

  Article Unavailable

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  KronosSep. 12, 2011 - 11:22AM JST

  Yahoo should have accepted Microsoft's offer when they had the chance. The problem with Ali Baba did not help them as well. Shame but I do not see them getting on their feet anytime soon. Too many competitors out there.

  Posted in: Can Yahoo's luster be restored?

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  KronosSep. 01, 2011 - 05:32PM JST

  According to this article in Bloomberg, Sony is counting on its contents to have an edge over their competitors. Let's wait and see.

  http://www.bloomberg.com/news/2011-08-31/sony-to-sell-tablet-s-in-europe-from-end-september-for-479-euros.html

  Posted in: Take two tablets

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  KronosSep. 01, 2011 - 04:43PM JST

  I am not sure what Sony is counting on to get a decent market share.

  If they are thinking people will rush to their products just because they are "Sony", then I am afraid they are delusional. My father's generation maybe would but the curreny generation is aware that it does not have an edge over their competitors.

  They may achieve some sales because Japan is their homeground but I highly doubt they can significantly dent their competitors' market shares.

  Posted in: Take two tablets

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  KronosAug. 30, 2011 - 03:45PM JST

  @ cleo

  You got the food expense spot on it seems.

  Posted in: Japan's jobless rate climbs to 4.7% in July

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  KronosAug. 30, 2011 - 03:41PM JST

  If anyone wants details on the spending and incomes, they can refer here. It also says that the average monthly income per household is 572,662 JPY

  http://www.stat.go.jp/english/data/kakei/156.htm

  Posted in: Japan's jobless rate climbs to 4.7% in July