elkarlo comments

Posted in: Japan's savers won't play ball as BOJ turns negative See in context

The Japanese never did educate themselves on how to invest. With no inflation savings stay basically as you deposited. Yet, they will also never gain any growth. You have to invest your money, as the days of 3 or even 5% rates at the bank are long gone. Basically have 6 months of money on hand, and the rest in stocks, and if you are older, some bonds as well.

1 ( +2 / -1 )

Posted in: Becky loses sponsors, regular TV appearances over affair scandal See in context

A semi witch hunt. Also why is Becky a girl being punished, yet no news about the guy? Esp since he was married.

Hope Becky made and saved enough to be set for life. I doubt she'll be able to come back from this. Not any time soon

25 ( +29 / -4 )

Posted in: As Japan's oil, gas, power use stalls, coal imports hit new record See in context

Coal? It;s cheaper to use LNG now, as LNG prices are in the toilet. More efficient, and less dirty than coal.

Agree with wtfJapan, without Nuclear, there is still a massive hole in the Japanese energy grid, that won't soon be filled by solar/wind/thermal.

0 ( +1 / -1 )

Posted in: Toyota raising stake in Daihatsu to make it wholly owned See in context

I disagree. Ford has been CapExing massively. It has paid off, as they finished with their strongest year since the 90s IIRC. Ford and most non luxury cars are weak here in japan. That is based on tariffs and collusion. In Indonesia, they never had a strong partner, like Toyota has with Astra. Hence they lost out, and they don't have the scale to built all the supply base by themselves. Ford is well run, but Toyota is and has done well

0 ( +0 / -0 )

Posted in: Mitsubishi Motors preparing U.S. plant closure, job cuts: Nikkei See in context

Mitsubishi like Suzuki, never had the scale to operate effectively in the US. You need scale, and you need to run your factories at near 100% capacity.

0 ( +0 / -0 )

Posted in: Daiwa House to start high-rise rental housing business in Chicago See in context

They should have started doing this years ago. 50B yen really isn't much. For companies to survive, they need significant international sales

0 ( +0 / -0 )

Posted in: Japan's trade deficit narrows 92% on jump in exports See in context

Agre with WTFJapan, the Yen being even 100 to the dollar, was too high. It did nothing to help the econ, and it punished exporters. Which hurt the economy far more than cheap goods being purchased by consumers, helped the economy. People who came here years ago, when the yen became expensive, are the ones crying about the cheap yen. Sorry that it is harder to pay off student loans with a cheaper yen. But it is a boon to almost everyone else.

Also, look at the yen compared to any currency save for the US dollar, and it isn't that cheap. The smaller trade deficit, coupled with the pretty impressive accounting surplus. makes for a decent recovery. The last road block to Abenomics, is the birthrate. Which is a mountain to overcome. Wages are up, at least bonuses are, they were up 2.6% this year. Also, the consumption tax hangover, seems over. Things look OK, it's the wave of retirees that is hurting Japan. That, and companies not caring about their ROE

1 ( +3 / -2 )

Posted in: Toshiba sells off stake in Finland's Kone See in context

I hope that you are right. Euro is going to be bad, prolly for the foreseeable future. But Kone is a decent stock to hold. I disagree with hocking their holdings to equalize this charge. They should just bite the bullet like Starbucks did with their Kraft dispute. Just take the charge, and move on.

0 ( +0 / -0 )

Posted in: Toshiba sells off stake in Finland's Kone See in context

You guys are totally missing the point. WHy is Toshiba selling their stake in other companies? Because, their cash on hand, must in reality be very low. Otherwise they would just carry on, and take the accounting hit. I think this shows how little cash Toshiba actually has. I bet their real Free Cash Flow is alarmingly low. Maybe as bad as Sharp. This is worse, potentially than we think. Maybe not Enron bad, but...

Disclosure, I am bullish on Hitachi.

1 ( +2 / -1 )

Posted in: China's economy shows more weakness as imports, exports fall See in context

WHat Gary said, more or less. Japan, and possible China have missed the opportunity to become consumption based economies. I am not sure how or why this has happened, perhaps the US and Canada are the only countries with the proper balance of pop and resources? I am no China basher, but their econ is possible going to hit low growth in the near future.

Japan needs more young people among other things. But the one thing that Abenomics has addressed, is the poor liquidity in the Japanese market.

0 ( +0 / -0 )

Posted in: M8.5 earthquake strikes near Ogasawara islands See in context

8.5 Mag, I hope that was enough to relieve the pressure in the plates responsible for the Kanto quakes.

8 ( +8 / -0 )

Posted in: Japanese trading houses to cut investments, step up asset sales See in context

Guy, good question. A lot of the coal and metal mines are being written off in Australia. I would expect that with the low prices for many commodities, that Oz mines are getting squeezed as well. Like the American oil wells, Oz miners production costs are at or under commodity prices

0 ( +0 / -0 )

Posted in: Japan's economy grows 2.4% in first quarter See in context

Well with the yen finally back at its historical value, Japanese companies are mostly back in the black. It was only at the end of 2008 that the yen went to 99 to the dollar. I think many here don't understand that a strong yen, ie less than 100 to the dollar was a small window, and came at a time of a weak dollar. Now that the dollar is strong, the yen has weakened, but so have most other major currencies.

-6 ( +2 / -8 )

Posted in: FamilyMart, UNY study convenience store merger See in context

Interesting. I am not going to bother reading their annual reports. What matters is, do either company have any real over seas presence? If those units/assets could be merged, that would be/could be beneficial. Otherwise this won't do much

0 ( +0 / -0 )

Posted in: Japanese companies go on spending spree abroad See in context

A lot of misconceptions here. Yes, it would be great for Japan if Japanese companies invested here more, ie CapEx. Thing is, what Japan sells to the world, tends to be large manufactured good, such as cars, power generators, and heavy machinery. Many products must at least be partially built abroad. Hitachi just moved it's rail HQ to the UK. Why? Because in order to win contracts, one must promise production the country. Such as Rail, or power generation.

Also, Japanese companies are just now recovering from the East Asian Financial crisis and the recent recession. Now, with cash on hand, they are, imho smartly making steps in ensure that they have income come from abroad, by engaging in M&A abroad. As the Japanese market is very mature, ie no growth.

Another point is, for instance http://www.just-drinks.com/news/asahi-group-to-buy-pepsi-cola-indobeverages-in-indonesia_id110760.aspx http://www.wsj.com/articles/SB10001424052970203716204577016743059903710 Asai has been going on a buying spree. purchasing Pepsi bottling franchises in East Asia. This can not be donw domestically, as Ready to serve drinks must be produced in the country of consumption. Same with Mizkan buying Prego in the US. These M&A activities, simply can not be done inside of Japan. Japan is still doing what it does best. Making hard to produce machines, such as bullet train nose cones, car parts, electronics, air plane parts and the such domestically.

Simply being mad and blaming Abenomics is not being intellectually honest

0 ( +3 / -3 )

Posted in: Japan Display in talks with Apple to build iPhone screen plant See in context

SunnyDaze, with the cheapening yen, some will get back to Japan. Still elec costs are high, and until that is resolved, I don't see a huge trend in more factories being opened here

0 ( +1 / -1 )

Posted in: Kagoshima schools to resume Saturday classes once a month See in context

As so many have said, quality over quantity.

When I was an ALT, I had many schools that only had 100-150 kids, and yet had 40+ teachers. What did they do with all those extra teachers? Nothing beneficial for the kids, that is what. I would have made additional classes, if not home room classes, to help out the slow kids, and challenge the smart ones. Instead, you had classes with 35 or so kids in it.

Japan, like the US, has some seriously flawed edu system. Every fix, simply makes things worse

2 ( +2 / -0 )

Posted in: The top 10 rural regions of Japan that Tokyo residents would like to move to See in context

Stephen, I think there in lies the problem. Most areas outside of Kanto and Kansai have very few jobs. That needs to be rectified, before anything else happens. Also, to note Kanto's fertility rate is 1.0 or so, while Japan's in 1.43. If less people were in Kanto, we may have a more favorable birthrate.

3 ( +3 / -0 )

Posted in: 21 year-old woman in coma after building sign falls on her See in context

Japan really hasn't updated their derelict building codes. As others have posted, there are areas where(mostly the older sections of cities where there are multiple old buildings, with signs that are rusting in place. I have seen that since I have been here, and nothing changes. Really need to have someone do something. Same thing with abandoned/crumbling buildings. Just not safe nor sanitary

1 ( +2 / -1 )

Posted in: The top 10 rural regions of Japan that Tokyo residents would like to move to See in context

I hope the Japanese govt starts sending out departments to rural Japan. By that, I mean taking the govt workers, and having the bulk relocate to areas outside of Tokyo/Kanto/Osaka. As Japan needs to diversify geographically, in case of earthquakes. Having everything in Kanto is dangerous. I hope these programs work, but they need jobs in order for any significant amount of people to move away from Kanto. I know I want out of here as well. I just need to find a job that pays and has benes.

0 ( +0 / -0 )

Posted in: Japan, Mongolia sign trade pact See in context

NK=North Korea. Mongolia would have no impact in dealing with NK. They have no force projection, nor a large economy that would be able to punish NK with economically.

0 ( +0 / -0 )

Posted in: Japan, Mongolia sign trade pact See in context

Jand, how would Mongolia do anything to/with NK? They don't border, and Mongolia has no force projection to speak of.

1 ( +1 / -0 )

Posted in: The most annoying people you’ll meet at a Japanese fitness gym See in context

Stranger, I have. They are like "uh......not sure what to even do". They have no idea how to receive a response. I also want a rowing cable. As the rowing machine here doesn't get that heavy. If I can BOW 155 or so pounds for 3x10. I guess the rowing machine maxes out at 200ish pounds, as I am not bent over. But the place doesn't want to throw money at that kinda stuff. As, here it would be used by like 3-5 people. While most machines get heavy usage. So, it isn't their fault either

0 ( +0 / -0 )

Posted in: The most annoying people you’ll meet at a Japanese fitness gym See in context

Pukey. I do "get out". There are only two gyms that are in a reasonable distance from me. I have kids, so I can't commute 30mins just to work out. The biggest weights for me now DB wise are 20kgs, and those don't cut it for me. Esp for benching and rowing .

I am not huge, but I decent lifts. I pay my fees, so I just want weights that allow someone to progress. I don't care if someone can't lift that much. It doesn't affect me, and one only should judge, if they have bad technique(I never say anything), as that is actually something that can be damaging. I am not a "Mean Girl", so I never get mad at people for not being strong. That is silly. I do get mad, when old guys use the pull up bar rack for stretching.

0 ( +0 / -0 )

Posted in: The most annoying people you’ll meet at a Japanese fitness gym See in context

I agree. So many J-gyms have people hog the few free weight equipment for nonsensical exercises. Do you really need the bench or squat rack to curl? Also, would it kill a place to have dumbbells heavier than 20kg? Seriously, I have only been to one place that has DBs that go up to 50kg. I want to work out not prance!

0 ( +0 / -0 )

Posted in: Japan, Mongolia sign trade pact See in context

Poor Mongolia. It is stuck between Russia and China. They are at their mercy, as almost all meaningful trade will have to go through one those countries.

I am sure that if they developed it, Mongolia could become a major beef exporter to Japan.

Also, Mongolia has to import most of it's oil. This too leads to a lot of dependence upon Russia.

I wonder if this will have much of an impact, as Mongolia is still developing, but has a rather low population. So, really you aren't looking at a huge auto market. Something the size of New Zealand's at best.

-1 ( +0 / -1 )

Posted in: Japanese public institutions lead foreign share buying at record pace See in context

Wonder what the Post Office's going public will do? As it holds 26% or so of Japanese debt. Though, as Jeff said, the JGB can basically set rates, as they are the buyer.

1 ( +1 / -0 )

Posted in: Going strong See in context

Yahoo and SB have nothing in common. SB's profits have mostly been increasing. Outside of Sprint, they have had solid M&As, on top of growth. Yahoo has had very little meaningful growth, outside of Alibaba.

0 ( +1 / -1 )

Posted in: Nissan raises profit forecast after sales grow in U.S., Europe See in context

Yep, Toyota is also doing incredibly well. $20B profits well, for 2014. Even little Mazda and Suzuki are doing well. Hope they stay on quality and logistics, to keep this momentum going

0 ( +0 / -0 )

Posted in: Japanese public institutions lead foreign share buying at record pace See in context

I read about going from 12 to 25% in securities. I wonder what they are going to buy? Blue chip dividend payers? Or Ozzy and NZ stocks that tend to have higher dividends? With the US market going sideways, this is a good time to start buying in. Europe too, as it is still a mess over there. Singapore is also stuck in the mud, and is avg a 3% div on the Straights index(that is good)

0 ( +0 / -0 )

Articles, Offers & Useful Resources

A mix of what's trending on our other sites


©2021 GPlusMedia Inc.