business

Sony, Sharp warn of massive losses

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warning to whom? their bankers and investors, i guess and still they will get support from them only. whereas, true victims will be their employees and taxpayers (indirectly).

2 ( +4 / -2 )

as they struggle to survive amid fierce global competition

should read: "as they fail to adapt and innovate in pace with their global competitors"

6 ( +8 / -2 )

time to mix these two and pana of the deficit trio to be like a PanaSoniep. Lets aim to the trillion yen deficit group.

-2 ( +0 / -2 )

It's already in the New York Times. Sony alone is well over 6 billion dollars.

-2 ( +1 / -3 )

I can see that the economy is on the rocks. I see cutbacks all over due to the economic malaise here. I can see the for rent signs increasing all over. I can see the new towns that were bristling with life turning into ghost towns. I have seen companies moving their plants out of Japan and seen the staff going out to train their new colleagues in foreign countries.

I have also heard the Japanese government talking about tackling deflation.....

The spiral is downwards!

0 ( +0 / -0 )

A few more years of this and Sony will be bankrupt, reduced to one of those companies that does nothing but sue others for infringing their IP.

As kurisupisu notes, manufacturing in Japan is really struggling with the high Yen. Yet all the government do is raise taxes and sit around squabbling amongst themselves whilst TEPCO raise power prices.

1 ( +1 / -0 )

Sob story to keep away vultures and dividend hungry? Actually ploying profits into innovations & overseas investments?

0 ( +0 / -0 )

TV division? Could this also indicate that the investment in 3D TVs failed miserably?

1 ( +1 / -0 )

First Koreans and now Chinese doing it cheaper and, in some cases, better

3 ( +3 / -0 )

namabiru4 wrote: "as they struggle to survive amid fierce global competition

should read: "as they fail to adapt and innovate in pace with their global competitors"

Alternatively: "as they continue to design and make products with only the Japanese customer in mind and expecting to be competitive overseas"

OR

"as they continue to stick to world-spanning yet highly Tokyo-centralized organizations where managers are unable to communicate effectively in English verbally and conceptually, and completely unable to think from anything other than the Japanese point of view"

OR

"as they continue to stick to management practices where saving face is much more important than clarity and transparency in corporate governance, and where Following the Process is a billion times more valued (= risk-reducing) than New Thinking"

1 ( +1 / -0 )

Gold old super strong Yen. Destroying the Japanese slowly but surely.

0 ( +0 / -0 )

wow was expecting "oginome" to be the first post here explaining how J electronic companies are world leading in technology, certainly doesnt mean much if there making massive loses does it LOL

0 ( +0 / -0 )

wow was expecting "oginome" to be the first post here explaining how J electronic companies are world leading in technology, certainly doesnt mean much if there making massive loses does it LOL

Nice to see you're obsessed with me. I never said Sony and Sharp weren't facing difficulties in my previous posts, I stated there were other areas of manufacturing where Japan remains dominant and has monopolies, such as capital goods and components, which people are completely unaware of.

http://english.chosun.com/site/data/html_dir/2011/03/21/2011032101119.html

http://www.businessweek.com/magazine/content/10_49/b4206044280596.htm

http://www.economist.com/node/14793432

0 ( +0 / -0 )

I wouldn't say Japan (as a whole) remains dominant, but certain companies who happen to be Japanese are... until some Korean or Chinese firm can find a way to build whatever cheaper. But once you are a monopoly, you run the risk of anti-trust laws..

0 ( +0 / -0 )

I wouldn't say Japan (as a whole) remains dominant, but certain companies who happen to be Japanese are... until some Korean or Chinese firm can find a way to build whatever cheaper. But once you are a monopoly, you run the risk of anti-trust laws..

If it is Japanese companies who are dominant and have monopolies, then my sentence about 'Japan' being dominant still stands true, just as I could say the US dominates in the production of microprocessors. And please, anti-trust laws? The Japanese government actively encourages the formation the cartels and monopolies and uses and discards anti-trust law as it sees fit.

-2 ( +0 / -2 )

Symantics.. but I digress.. I should have added also that a government needs to have the balls and political will to enforce the anti-trust laws

I read that 2nd article you posted about Fanuc... geez, even its paying customers are fed up with them but because its essentially a monopoly (over 50% of the market share) they can charge whatever they want. Certainly not a flattering article on its business practices

0 ( +0 / -0 )

Symantics.. but I digress.. I should have added also that a government needs to have the balls and political will to enforce the anti-trust laws

Not going to happen. The Japanese government encourages cartels, anti-trust laws won't be enforced anytime soon.

I read that 2nd article you posted about Fanuc... geez, even its paying customers are fed up with them but because its essentially a monopoly (over 50% of the market share) they can charge whatever they want. Certainly not a flattering article on its business practices

True, it's not, but such is the power having a monoploy confers.

-1 ( +0 / -1 )

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