EURJPY exchange rates are nearing one year highs, 8% increase over this time last year, or 8 yen per Euro to sit at 110 yen per Euro. The two year high is 120 yen/euro, and the low was in July of this year at 94 yen/euro.

USDJPY exchange rates are nearing TWO year highs, with an 8% increase over this time last year, or 6 yen per dollar to sit now at 84. The low in two years was early november 2011, at 76 yen per dollar, and hovered around 77-78 for nearly 6 months until March when it rocketed up to 83.75~ due to an inflationary initiative by the Bank of Japan.

As of last financial reports, Q2FY2013, the trading for Euro was 96 yen/euro, and 78 for the dollar.
Currently, this quarter for our favorite Japanese companies will show a nearly 15% increase for the Euro and 7.7% increase for the dollar.

The best part? The Euro is gaining nearly .5% every.single.day. while the dollar is growing by about .2% every day. By Dec 31, the end of Q3, the Euro and Dollar could be as high as 115 and 85.5, respectively.

Sony fan section below ------v

For reference, a drop of one yen against the Euro boosts Sony's revenue by 6 BILLION yen, or 70 million dollars/55million euros. This quarter will see revenue stream grow QoQ by 750 million euros or 83 Billion yen, and a growth of likely 20 Billion yen off the dollar growth. In effect, this will see a revenue boost of almost 6-7%

According to financial reports for q2, they expected 80 yen per dollar and 100 yen per euro for this q3.

Last Quarter held a 200m$ loss overall for Sony after factoring in purchases made. The exchange rate will generate, by itself, 1 billion USD. 

yeah it's very good news for the japanese electronics sector which had big problems with that. at least for those who are strong in usa+europe and not only in japan.

I thought those were new Pokemon names in the thread title. This thread has nothing to do with what I thought it was going to lol. Ignore me.

There have been a few threads about this recently. It's great to this happening if you want Sony or Nintendo be successful. For Sony, it could literally mean life over death. For Nintendo, it could see a return to billion dollar profit levels of years past.

This is indeed an appreciable turn of events. My next stay in Japan is going to cost me 15-20% less (^o^)/ May the BoJ print A LOT of money to keep yen down.

Shinzo Abe back in November indicated that he would be prepared to print "unlimited Yen" if he was to become PM to force a Japan reflation trade. Fast forward a month, he is now the new PM.

He was just elected last week right?

I think it was this past weekend, not 100% sure

Glad to see a upside for JP companies at the moment, they definitely needed it.

yeah, it's just kind of a duplicate thread.
This one was just specifically about the last 3 months. I thought people should know, since evryday I'm watching the forex (eurjpy) and it's simply unbelievable. half a euro every day.