Japan Charts Week 20 (May 11-May 17 2009)

[Ail]

binary solo said:
Economic news about japan is dire to say the least. The Japanese economy is in its worst decline since WWII. E.g. Toyota alone is normally responsible for 10% of Japan's corporate tax revenue. Toyota has posted a loss for the first time ever, which means the Japan govt takes a 10% revenue hit, just from that one company.

Given that I expect the Japanese games market to be depressed for quite some time. With major software releases generating HW boosts of a lower peak and shorter duration than would normally be expected.

Wii can afford a price drop and remain profitable, which will help with sales to a certain extent. PS3 can barely afford a price drop, and if it doesn't boost sales much because of the general economic conditions of the time then what's the point? Better to make a meagre profit on ~10K of sales than make a slight loss on ~12K of sales. Ride out the storm then cut the price when people get back into a buying mood.

 

Not sure where you got that toyota/japan tax revenue information but it is blatantly false...

Japan 2008-2009 tax revenue : 54 trillion yen

Toyota all time record net profit : 13.7 billion $ ( in 2007). They payed about 5 billion $ of taxes that year.

5 billion $ = 500 billion yens = 1% of Japan tax revenue....