This isn't necessarily a price cut.
There are still misconceptions surrounding exchange rates and currency strength.
360 elite = 479.99 USD in states
360 elite = 47800 yen in Japan
Wii = 249.99 USD in states
Wii = 24990 yen in Japan
PS3 60gb = 599.99 USD in states
PS3 60gb = 59980 yen in Japan
Notice a pattern?
If the yen weakens, its equivalent in USD goes up, which makes it look like the item just got cheaper overnight. The price never changed in Japanese eyes.
Threads of Interest:
The Movie Thread: http://www.vgchartz.com/forum/thread.php?id=6880
The Crow Eating Thread: http://www.vgchartz.com/forum/thread.php?start=0&id=3886
The Betting Thread: http://www.vgchartz.com/forum/thread.php?start=0&id=7104
Custom GIFs Thread: http://www.vgchartz.com/forum/thread.php?id=18963
The Greatest Game Ever Conceived On Any Platform
Tag: "I have tasted Obi-Wan's bitter tears"
