http://www.ft.com/intl/cms/s/0/e3c8007c-4e3c-11e1-aa0b-00144feabdc0.html?ftcamp=rss#axzz1lJGvtERc

Strong yen and nature disasters last year are killing them like Sony... Hope they stay afloat because they make the best Plasmas out there.

Will they join Japan Display? They sold a plant to them. Sony Toshiba Hitachi will be state funded, just like Samsung has been state funded for decades.

=/

Man that sucks.

Panasonic was alive by 2148, in James Cameron's Avatar, by the way.

Did they just 1-up Sony? Yes, they did.

Sony just can't catch a break lately.

How many years will it take for these Japanese corporations to be in a strong position financially?

over 9000

As many as it takes west to overcome crisis.

The state funded INCJ will acquire 70% of Japan display, so yes their small display panels will be state funded

jesus, japanese companies are getting fisted hard.

Man this sucks. P.S America is making it more difficult for Japan to recover and they won't likely recover again. They will need to adapt unless they can devalue the yen.

The American government purposely savotauged Japan. They convinced Japan to inflate the yen. They spent years inflating the yen. But then Americas economy started taking a hit now the yen is way way to strong. The yen continues to be out of control. Now the US is in trouble financially and the Government is taking protectionist actions. Example Obama said he will give American corporations tax breaks and help to employ Americans. He said he will do everything possible to give American products an edge.

So how will Nintendo, Sony, Panasonic..etc...etc... recover while the yen is high not to mention America is making it as hard as possible to compete in the US. I think Nintendo will return to profitability and am sure Sony can as well and other Japanese companies. But they won't likely see as high profits as they used to anytime soon.