Marumi Tasaki
This blog will discuss Japanese manufacturers business, which are mentioned in the articles from the BBC News, the Japan Times, and the Yomiuri Online.
In the BBC News, it refers to the situation of whole Japanese manufacturers. The Japan Times focuses the car makers' business. The Yomiuri Online shows us the situation which can be seen fromTankan survey.
First, this is the article from the BBC News:Japan's big manufacturers expect conditions to improve.
According to the Bank of Japan’s survey, the conditions for Japanese big manufactures are expected to improve in the next three months.
Because of the March 11 earthquake, their confidence was damaged. However, the manufactures have been reestablishing their business, and their conditions will be better in the next few months.
However, there are also big problem-external risks. The debt crisis in Europe and the economic problems in the US will affect Japanese companies’ expansion plans.Moreover, Japanese yen is extremely high, which influences the manufactures to export their products.
Second, this is from the Japan Times: Toyota, Honda lose market share in U.S. sales rebound.
Toyota Motor Corp. and Honda Motor Corp are not still able to export enough vehicles to dealers. On the other hand, Nissan Motor Co. has sold more than expected since April.
After the March 11 earthquake, it was an issue for manufactures to produce the amount of production as much as it used to be.
Nissan’s suppliers have not affected seriously compared to these two because it has fully working North American plants which was not influenced by the earthquake.
Toyota and Honda still do not have varieties of vehicles and it will take time to produce enough amounts which consumers need.
However, they are optimistically saying that in fourth quarter, they will manage to recover their sales as normal levels.Third, this is the article from the Yomiuri Online: Makers see improvement in business / Tankan survey shows rebound in September
According to the central bank’s quarterly Tankan survey, large manufactures had improved their business in September. After the March 11 earthquake, their business was in difficulty; however they have made the rebound of the business after the earthquake. Especially carmakers made a remarkable improvement which is the biggest rise since 1992. Manufactures still have a problem the rising yen’s value. It prevents them from exporting, which affects their sales grow.
This is the graph which shows the business transition of large companies.
In conclusion, Japanese manufacturers have improved their business, however they still have problems for exportation. After the March 11earthquake, they have managed to make the situation better. Even though they have difficult problems, their work will help Japanese economy activate because they have high motivation to make the improvement.
Yusuke Kusaka
ReplyDeleteI think we experience a downturn in the marketplace. I went to Tokyo Stock Exchange yesterday. Most shares sold on the Tokyo Stock Exchange are green. That means they took beatings.
BTW, I am interested in why Toyota Toyota Motor Corp. and Honda Motor Corp are not still able to export enough vehicles to dealers. I think Tyota is more global company than Nissan, so Toyota has a lot of industries beyond.
Please ,tell me why Nissan was damaged big ?
You searched alot and this blog is detail which is good! For Japanese manufacturere, car buisiness play big roll. Japanese cars are really good stuff. I mean great quolity. I would like many people in whold to ride them.
ReplyDeleteI have heard Japanese car company is now producing really cheap car for India. I hope that help many people on this earth.
Lily
These days, Japanese manufacture is in depression. And Japanese companies build many factories in China and Southeast Asia, because of cost down. Last day, Ayutthaya, Thailand had heavy rain. It is said that Japanese factories there took heavy damage. I worry about not only Japanese business but Thai people. I have many good friends there.
ReplyDeleteMotoo