Exclusive: Tight-fisted Japan firms deal blow to Abe's revival plan - Reuters survey

Comments (4)
SanPa wrote:

Abe could always pull a GW and nationalize the firms.

Feb 19, 2013 10:49pm EST  --  Report as abuse
SanPa wrote:

Abe could always pull a GW and nationalize the firms.

Feb 19, 2013 10:49pm EST  --  Report as abuse
JapanViewer wrote:

The old guard refuses to give up any of its stash, yet their stinginess and greed will kill their own economy. Seems that they’re willing to take the whole country down with them. Some twisted form of Harakiri?
Perhaps this needs to happen first before Japan can recreate itself.

Feb 20, 2013 12:32am EST  --  Report as abuse
VonHell wrote:

Last survey showed that most japanese companies dont have plans to hire more people this year… and the number of jobs in the industry is the lowest in 50 years… less than 10 million or about 15% of the workforce…
20 years ago people used to say that developed nations = industrialized nations had 25% of people in the industry…
The companies must expect only easy and short lived profits… since they were losing competition with China, Korea and Taiwan before the strong yen… plus now they get the insite that japanese are not so welcome in China… the rush is to find alternative places to shift production… and that is easy to see by the amount of investment in new factories in Thailand, Indonesia, Phillipines, etc…
It is hard to believe how japanese people believe Abenomics can work… but i strong suspect they will get an insite when gasoline prices rise above 170 yen/L

Feb 20, 2013 7:41am EST  --  Report as abuse
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