World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Japanese Firms Send Work Overseas
Keywords:
An August survey by Japan's Ministry of Economy, Trade and Industry, shows 40% of the country's manufacturers saying they would shift production and R&D facilities overseas if the yen remains at 85 to the dollar. It has dropped below that. Nissan will make 71% of its cars overseas in 2010, compared to 66% in 2009. Murata Manufacturing plans to double its foreign output to 30% by March 2013. By buying Dutch printer maker Oce NV in March, Canon Inc., saw its overseas output jump to 48% for the first half of 2010. Toyota is on track to produce 57% of its output overseas in 2010 , compared to 48% in 1995. The popular Prius will now be built at a plant in Bangkok, Thailand. Sony did 20% of its television manufacturing in Japan in 2010, it is aiming to do 50% in 2011. As a result Sony showed a profit for the April-June quarter, after 6 straight years of losses. Its also important to note that when inflation is taken into account the yen has not strengthened the way it appears, which reduces domestic pressures to dampen the yen's rise. Tohru Sasaki, head of foreign-exchange research at J.P. Morgan Chase & Co. in Tokyo, says that in inflation-adjusted terms, the yen is 30% below the rate it reached in April 1995. U.S. consumer prices have risen by 69% since 1990, in Japan the prices rose only 8.5% during the same period. In inflation adjusted terms the April 1995 exchange rate of 80 yen to the dollar would be 56 yen to the dollar today. Japan's exporters can also benefit from the fact that a large part of Japanese trade is denominated in yen- according to Japan's Ministry of Finance 48% of exports to Asia were paid for in yen in 2009. Like China and Germany, Japan remains highly dependent on exports for growth- which provide two thirds of its growth. The yen's strength increases the outflow of production facilities. In July 2010, 10.3 millon workers were employed in manufacturing in Japan, down from 12 million in 2002. Japan's unemployment rate was 5.6% in 2009.
Japanese chipmaker Elpida and competition with Hynix and Samsung
10/24/2010
Decline in demand for chips, the high cost of new plants, and the rise in the value of the yen are hurting Elpida.
Grouped Articles
Japanese Firms Send Work Overseas
Wall Street Journal 10/24/2010
Japan Turns Tables on Korea Inc.
Wall Street Journal 12/12/2014
Micron to Acquire Japanese Rival Elpida
Wall Street Journal 07/02/2012
Fading Memory Saps Chip Makers
Wall Street Journal 01/07/2012
Elpida Files for Bankruptcy Protection
Wall Street Journal 02/28/2012
Japan Lets Chips Fall Where They May
Wall Street Journal 02/27/2012
Japan's exports- 2013-2015
07/07/2010
Every 10 yen change in the exchange rate is expected to increase Japanese exports by 7-10%, according to analysts. The efforts to bring down the value of the yen by the newly elected government of Shinzo Abe leads to a stock market rally in 2013.
Grouped Articles
Weaker Yen Puts Japanese Profits on a New Track
Wall Street Journal 05/07/2013
Yen Teases Investors In Push Toward 100
Wall Street Journal 05/07/2013
Pro-Inflation Policies Show Signs of Helping the Japanese Economy
New York Times 05/09/2013
Japanese Economic Data Give Abe a Lift
Wall Street Journal 06/10/2013
Rout in Japan Succeeds Historic Rally
Wall Street Journal 06/13/2013
Japan Looks for Ways to Say It's Cool
Wall Street Journal 11/23/2013
The strengthening yen and Japan's first trade deficit in 2011
05/27/2010
Japan is expected to experience a trade deficit in 2011- its first trade deficit since 1980. The strong yen at 77 yen to the dollar, the effects of the tsunami and earthquake in disrupting exports, and weakness in overseas markets contributed to lower exports.
Grouped Articles
Japanese Economic Data Give Abe a Lift
Wall Street Journal 06/10/2013
Japan's Yen Rises Above War Jitters, Deflation
BusinessWeek 05/27/2010
Japan's Exporters Eye Every Rupee
Wall Street Journal 07/07/2010
Japanese Firms Send Work Overseas
Wall Street Journal 10/24/2010
Japan Turns Tables on Korea Inc.
Wall Street Journal 12/12/2014
New York Times 03/13/2015
Toyota and locating manufacturing plants outside Japan
10/24/2010
Grouped Articles
Wall Street Journal 12/09/2011
Toyota's Net Soars 70% as Yen Falls
Wall Street Journal 11/07/2013
Japanese Firms Send Work Overseas
Wall Street Journal 10/24/2010
Toyota Signals Shift on Plants
Wall Street Journal 01/14/2011
Toyota's Domestic Plant Problem
Wall Street Journal 02/09/2011
Toyota's New Factory Shows Loyalty to Home Market
Wall Street Journal 02/17/2011
Currency and Exchange rate swings and German, Japanese, Korean automakers factory expansion in the U.S.
06/20/2007
Stronger euro and won, what it does to German automakers manufacturing in the USA. Weaker yen and what this does to Japanese manufacturing expansion in the USA.
Grouped Articles
The Pitfalls in the Rise of the Korean Won
BusinessWeek 09/23/2010
Japan Turns Tables on Korea Inc.
Wall Street Journal 12/12/2014
Strong Dollar Stands in Manufacturing Sector’s Way
Wall Street Journal 03/16/2015
Toyota's New U.S. Plan: Stop Building Factories
Wall Street Journal 06/20/2007
German Auto Makers Rev Up U.S. Output
Wall Street Journal 08/14/2007
In Automotive Trade Deficit, a Silver Lining for U.S.
New York Times 08/18/2007
Japanese companies moving manufacturing overseas in 2010-2011 as yen strengthens
05/27/2010
The 2011 earthquake further accelerates this trend.
Grouped Articles
Weaker Yen Puts Japanese Profits on a New Track
Wall Street Journal 05/07/2013
Japan's Yen Rises Above War Jitters, Deflation
BusinessWeek 05/27/2010
Japan Faces Uphill Battle in Curbing Yen's Rise
Wall Street Journal 08/04/2010
The falling yen: Low-calibre munitions
Economist 12/01/2014
Japan Turns Tables on Korea Inc.
Wall Street Journal 12/12/2014
Japanese manufacturers: Leaving home
Economist 11/20/2010
The strong yen and the real effective exchange rate in the deflationary case of Japan
10/24/2010
Grouped Articles
Japanese Prices Rise, Signaling Rebound
Wall Street Journal 07/26/2013
Strong Yen Sparks National Debate
Wall Street Journal 08/15/2011
From a Position of Weakness Comes Yen's Strength
Wall Street Journal 08/30/2011
Japanese Firms Send Work Overseas
Wall Street Journal 10/24/2010
Japan Shifts to 'Stealth Intervention'
Wall Street Journal 11/11/2011
Wall Street Journal 11/28/2011
Japan's competitiveness and the yen at over 100 to the U.S. dollar in 2014, and at 121 by March 2015
10/24/2010
Grouped Articles
Wall Street Journal 04/18/2013
Japan Official Cites Fundamentals in Yen's Drop
Wall Street Journal 04/12/2013
Weaker Yen Puts Japanese Profits on a New Track
Wall Street Journal 05/07/2013
Yen Teases Investors In Push Toward 100
Wall Street Journal 05/07/2013
Rout in Japan Succeeds Historic Rally
Wall Street Journal 06/13/2013
Yen Slumps to Six-Month Low Against Dollar
Wall Street Journal 11/27/2013
The impact of a stronger yen against the euro on Japanese companies 2010-2012
05/27/2010
Grouped Articles
Weaker Yen Puts Japanese Profits on a New Track
Wall Street Journal 05/07/2013
Japan's Yen Rises Above War Jitters, Deflation
BusinessWeek 05/27/2010
Japan Faces Uphill Battle in Curbing Yen's Rise
Wall Street Journal 08/04/2010
Japanese Firms Send Work Overseas
Wall Street Journal 10/24/2010
Japan Turns Tables on Korea Inc.
Wall Street Journal 12/12/2014
Japan's Collateral Damage From the Euro
Wall Street Journal 10/06/2011
The impact on South Korea of the Japanese yen at 100-120 to the dollar in 2013-2014
10/24/2010
Grouped Articles
Yen's Fall Aids Japan, Worries Others
Wall Street Journal 05/13/2013
Japanese Firms Send Work Overseas
Wall Street Journal 10/24/2010
The falling yen: Low-calibre munitions
Economist 12/01/2014
Japan Turns Tables on Korea Inc.
Wall Street Journal 12/12/2014
Losses at Japanese electronic companies in 2011-2014
10/24/2010
$17 billion in losses for 2011 for Japanese electronic companies, including Panasonic, Sharp and Sony. Competition from Apple in products with consumer appeal and Samsung in manufacturing, and the failure of Japanese electronic companies to create exciting new products.
Grouped Articles
Weaker Yen Puts Japanese Profits on a New Track
Wall Street Journal 05/07/2013
Sony Posts a Small Profit, Its First in 5 Years
New York Times 05/09/2013
Japan's Electronics Under Siege
Wall Street Journal 05/15/2013
Sharp to Raise Up to $1.67 Billion
Wall Street Journal 09/19/2013
Movieâs Flop Contributes to a Loss for Sony
New York Times 10/31/2013
Japanese Firms Send Work Overseas
Wall Street Journal 10/24/2010
Economic growth and exchange rates for dollar, yen, yuan and euro- policy change in China, Japan and Europe.
08/17/2007
How policy and mood is shifting in China, Japan and Europe for exchange rates between currencies. The desire to be less dependent on exports and increase domestic demand in these countries just as thrifty consumers in the US make earlier policies obsolete.
Grouped Articles
Yen's Fall Aids Japan, Worries Others
Wall Street Journal 05/13/2013
Yen Slumps to Six-Month Low Against Dollar
Wall Street Journal 11/27/2013
Japan Faces Uphill Battle in Curbing Yen's Rise
Wall Street Journal 08/04/2010
Brawny Yuan Stands Apart from the Crowd
Wall Street Journal 12/10/2013
Asia Seen as Better Able to Deflect Waves From U.S.
New York Times 08/17/2007
Geithner Hints at Harder Line on China Trade
New York Times 01/23/2009
The Japanese economy and the rising yen in 2010-2012
05/27/2010
The yen reached 86 yen to the dollar by August 2010. Chinese government accumulation of Japanese bonds was amajor factor in the yen's rise in 2010. By August 2011 the yen experienced a new surge going up to 78 yen to the U.S. dollar resulting in intervention by the Bank of Japan in currency markets. Investor flight to safe havens such as the Swiss Franc and the Japanese yen with the debt crisis in the U.S. and the Eurozone. The impact on export markets. The newly elected LDP government of Shinzo took strong action to reverse this and improve export competitiveness in 2013.
Grouped Articles
Japan's Yen Rises Above War Jitters, Deflation
BusinessWeek 05/27/2010
Japan Faces Uphill Battle in Curbing Yen's Rise
Wall Street Journal 08/04/2010
Behind Japan's Allure: Stagnancy
Wall Street Journal 08/24/2010
Electric Cars Make Japan's Gas Engine Industry Anxious
New York Times 11/02/2010
Japanese manufacturers: Leaving home
Economist 11/20/2010
Nissan to 'Significantly' Reduce Japan Exports
Wall Street Journal 02/01/2011
The new Japanese government of Yukio Hatoyama and the Bank of Japan favor a stronger yen..
09/28/2009
The new yen policy would reduce Japan's dependence on exports and by reducing import prices could spark much needed consumer spending.
Grouped Articles
Stronger-Yen Policy Gets Put to the Test
Wall Street Journal 09/28/2009
World Bank Head Sees Dollar’s Role Diminishing
New York Times 09/29/2009
As Yen Rises, Japan Faces Tricky Policy Choices
New York Times 09/29/2009
Japan's Finance Minister Hardens Talk Against Yen Strength
Wall Street Journal 09/30/2009
Harsh Realities Stand in the Way of a Leader’s Vision of a New Japan
New York Times 12/23/2009
Japan's Yen Rises Above War Jitters, Deflation
BusinessWeek 05/27/2010
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us