Japan’s Industrial Output Rose Less Than Expected in June
Kiyoshi Ota/Bloomberg
Nissan Motor Co. employees assemble a Leaf electric vehicle on the production line of the company’s Oppama plant in Yokosuka City, Japan. Japan’s recovery is at risk from a slowdown in overseas demand and the yen’s appreciation, which can erode the value of profits earned by exporters such as Nissan Motor Co.
Nissan Motor Co. employees assemble a Leaf electric vehicle on the production line of the company’s Oppama plant in Yokosuka City, Japan. Japan’s recovery is at risk from a slowdown in overseas demand and the yen’s appreciation, which can erode the value of profits earned by exporters such as Nissan Motor Co. Photographer: Kiyoshi Ota/Bloomberg
July 29 (Bloomberg) — Ryoji Musha, president of Musha Research Co. and an adviser to Deutsche Bank AG in Tokyo, talks about the outlook for Japanese technology companies and the nation’s economy.
Sony Corp. and Nintendo Co. unexpectedly slashed their profit forecasts in response to the failure of their televisions and handheld game players to keep pace with products from Samsung Electronics Co. and Apple Inc. Musha speaks from Tokyo with Susan Li on Bloomberg Television’s “First Up.” (Source: Bloomberg)
July 28 (Bloomberg) — Damian Thong, a Tokyo-based analyst at Macquarie Securities Ltd., speaks about the outlook for Japanese manufacturers and technology companies as they recover from the March 11 earthquake.
Thong speaks with Rishaad Salamat on Bloomberg Television’s “On the Move Asia.” (Source: Bloomberg)
Japan’s industrial production rose
less than expected as companies from Nissan Motor Co. to Toyota
Motor Corp. warned that a yen close to a post World War II high
threatens to drag down exports.
Factory output increased 3.9 percent in June from May, when
it rose 6.2 percent, the biggest gain since 1953, the Trade
Ministry said in Tokyo today. The median estimate of 31
economists surveyed by Bloomberg News was for a 4.5 percent gain.
A plunge in Nintendo Co.’s share price today highlighted
challenges for Japanese companies including weakness in overseas
demand and the yen’s strength against currencies including the
dollar. Sony
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