Japanese importers profiteering by exploiting devalued Yen

Started May 17, 2013 | Discussions thread
Chad Gladstone
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Re: Japanese importers profiteering by exploiting devalued Yen
In reply to user_name, May 18, 2013

user_name wrote:

You might want to do some more research on the subject.  Nikon's net corporate profit margin is down 50% this last quarter in 2013, despite the value of the Yen.

I think the net earnings are hovering just above 4%, which is not a very good profit margin by normal business standards.

I don't know what your basing your claim on, but it seems superficial in that it does not take into account the deeper picture.

It also seems a little like corporate and free market bashing, which seems to be a popular theme these days in the political battle of us versus them.  That battle has little to do with making you a wealthier man, just making certain government parties stronger.

This may definitely be the case.  I an not referring to the Nikon company, only those who imported goods from Nikon and other Japanese manufacturers and purchased those goods with foreign currency.  Somewhere in the supply chain, the wholesale cost savings were realized and none of the exchange has been passed on to the retail consumer.  I would be surprised if there was not a spike in "grey market" imports if this trend continues.

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Chad Gladstone

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