Japanese importers profiteering by exploiting devalued Yen

Started May 17, 2013 | Discussions thread
bflood
Contributing MemberPosts: 585
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Re: Profiteering is a strong word
In reply to Chad Gladstone, May 19, 2013

Your point about the gray market is a good one. Nikon USA is a subsidiary of Nikon in Japan, and the pricing structure between the two is no doubt determined by Nikon in Japan. But as you say, if the changing value of the yen offers other importers the opportunity to give customers a substantial price advantage over the official imports, the prices on the gray market hardware may be too good to resist.

Still the actual net change in cost to the importer here isn't as simple as the 30% change in the yen in recent months. Manufacturing in various countries, plus the supply chain delay, makes assessment of the actual change so far very difficult for someone outside the process.  The fact that the yen is 30% lower today has no effect on the manufacturing and price obligations set several months ago for merchandise just arriving now.

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