Sony plight underscores Japan electronics firms' woes
News On Japan via Japan Times -- Aug 03
Sony on Thursday reported a widening quarterly loss and trimmed its profit forecast for the year, again underscoring the challenges faced by Japan's troubled electronics giants.
Hammered by giant losses, particularly in the television business, the sector has been struggling with a strong yen, falling prices, high labor costs and competition from foreign rivals, particularly South Korea's Samsung.
Weak demand in Europe, a key market for everything from Japanese TVs and mobile phones to vehicles and electronics parts, has also dented their results with the continent's turmoil threatening to get worse.
China's television regulator has ordered a crackdown on dramas about the country's battles with Japan during and before World War Two and demanded they be more serious, state media said on Friday, following viewer complaints about ludicrous storylines. (Reuters )
Shukan Post (May 24) conveys the difficulties experienced by other parts of the adult-entertainment biz in servicing customers from the communist nation.
A deri heru (“delivery health”) call-girl tells the tabloid that she is often requested to arrive at major hotels in the Shinjuku and Ikebukuro entertainment areas of Tokyo by Chinese visitors. (Tokyo Reporter)
Police on Friday said that a real estate company employee was stabbed by an unknown assailant in the lobby of an office building near JR Akihabara station. The man is currently in a serious condition in hospital. (Japan Today )