U.S. slowdown dings confidence of Asia-based affiliates

Article Abstract:

Survey statistics indicate that only 65.1% of Japanese manufacturing companies with Asian affiliates are forecasting higher sales in 2001, possibly due to the economic downturn in the U.S. Although 86.4% feel that competition in Asia has gotten stronger over the past year, many second-tier Japanese firms in China increased earnings over the fiscal year.

United States, MISCELLANEOUS MANUFACTURING INDUSTRIES, Manufacturing NEC, All Other Miscellaneous Manufacturing, Statistical Data Included, Manufacturing industry, Manufacturing industries, Forecasts and trends

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Japanese shipbuilders wont' cut prices to match rivals

Article Abstract:

Japanese shipbuilders are refusing to join a price war to match rival South Korean shipbuilders because their order books are full. The strategy of South Korean ship companies has resulted in orders for 70 ships totaling 3.9 million gross tons for the first five months of 1998, compared to Japan's orders for 57 vessels totaling 2.6 million gross tons during the same period. If Japan gets drawn in a price war against South Korea at this present market condition, there is a possibility that South Korea will come out with unreasonable rates in their desperation to obtain cash.

Comment:

Japan: Shipbuilders refuse to join a price war to match rival South Korean shipbuilders because their order books are full

Ship & Boat Building, Ship and Boat Building, Transportation equipment industry, Article

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Japanese investment in Asia slides as foreign firms expand; U.S., German companies ponder aggressive growth, stirring concerns about corporate landscape

Article Abstract:

Direct investment of Japanese companies is declining both in Asia and in the rest of the world, as US and German firms are mulling over expanding foreign operations. This is borne out by the results of a survey of 400 companies by securities firm Nomura, which revealed that 64% of American firms and 49% of German companies plan an aggressive expansion, whereas only 20% of Japanese companies spoke of such plan. A similar survey by the Fuji Research Institute found that 88% of US and European firms are expanding their businesses in Asia, while only 37% of Japanese companies responded the same way. The lackluster Japanese investment in Asia is partly attributed to the weak yen, which makes exports lucrative for Japanese companies at the current exchange rate.

Financial management, Investment Companies, Open-End Investment Funds, Foreign investments, Economic aspects

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