Kasz216 on 20 December 2012
| theprof00 said: @kowen see, i agree and understand that, but it feels like they are making a lot of good moves lately. They are focusing more on content, cut tons of staff, are using currently held properties tk make new technologies instead of inventing new products, have taken pay cuts, are moving away from the low margin products, and areshifting production areas to currently global-oriented smart areas, like brazil for instance. I mean, just as of the last quarters theyve been cutting a lot of waste and all thats been keeping them back, at least according to them, is this incredibly week exchange rate. |
They aren't really doing nearly as much as you'd think... as can be shown by the general doom and gloom still written about them (and other japanese electronics firms) from about every financial news outlet there is.
The markets are heavily skeptical...
really the BoJ is right though. Japan's main problem is fiscal.
