business

Japan stocks fall on dire earnings

3 Comments

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

©2021 GPlusMedia Inc.

3 Comments
Login to comment

Japan should declare war on poverty even if japan companies value is dropping. Poverty eradication in japan does not depend on Motor Industries,when japan use more trains.

Japan should use strong yen to import food and subsidies food prices for japan, during this war on poverty slowdown time. There are many ways to eradicate the burden of poverty in going into global slowdown japan.

0 ( +0 / -0 )

Koizumi! Where are you?

0 ( +0 / -0 )

The global recession is now hitting Japan and the impact is hard. Many of Japan's previously super-profitable and hitherto seemingly impervious iconic corporations are now haemorrhaging - in 2008 Panasonic lost US$1.0 billion; Toyota lost US$1.6 billion; Honda lost US$1.6 billion; Sony lost US$2.9 billion; Toshiba lost US$3.0 billion; NEC lost US$3.2 billion and Hitachi lost US$7.8 billion. Even more gloomily, economists cannot agree on how long the recession in Japan will last. The most optimistic say another quarter, whilst the most pessimistic say another 10 or even 12 years. Whichever way one looks at it, the prospects are threatening and Japan will be the poorer. The world's second largest economy is struggling and no one can accurately predict how long the hardship will continue.

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites