JAPAN-Nikkei-Time to go back up? Message Board

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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

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To: chirodoc who wrote (1349)	8/16/1998 11:47:00 AM
From: fut_trade	of 3902

>......honda and toyota are strong in almost all markets they have entered--they have only recently set sights on europe and china I agree they are strong in all markets -- but the markets are changing, becoming more competitive -- profits/vehicle are decreasing. BTW, forget China. I think the average hourly wage is about 10% of that of other countries. Very few people could afford the cars. >--they will blow most competitors away in asia when it rebounds in 1-2 years I'm losing confidence that Asia will rebound that soon. >.......deregulaion and tax cuts will change that in a year or two. These are necessary. But the REAL problem is over capacity -- which will only get worse for business, but better for consumers. There must be a balance somewhere... >......than why do they dominate with products produced OUTSIDE japan? In the case of the automobile industry, they had better management techniques -- which have been studied and are being applied by their competitors. When Japanese overseas companies improve their own business -- they end up improving their competitors too. The edge Japanese companies previously held is being eroded away.

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