Japan Mini
Japan Mini
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![]() Vintage Napco Japan Mini Cracked Egg Vase Rose Color w Gold Accent US $3.00
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![]() Blondie Mini LP Box Japan US $99.99
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![]() Japan Korea Lovely Candy Colours Knit Skirt Mini Skirt Yellow US $3.80
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![]() Japan Korea Lovely Candy Colours Knit Skirt Mini Skirt Black And White US $5.50
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![]() JETHRO TULL This Was JAPAN Mini LP CD 3 BonusTrks SEALED RARE US $29.99
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![]() UFO Force It JAPAN Mini LP CD SEALED US $17.99
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Japan Autos Report Q3 2010
Japan's automotive industry appears to be turning a corner after posting its worst sales for 38 years in 2009. New vehicle sales, including mini vehicles, rose by 24% year-on-year (y-o-y) in March to 674,494 units, which took total sales for the financial year ending March 31 to 3.182mn, up 10% y-o-y. However, there is little cause for excitement in the industry, as this marks the fifth-lowest sales on record and compares with a particularly low base from the year before when the economic downturn was at its worst. Incentives have also played a major part in inflating vehicle sales. Calendar year sales for 2009 actually show a decline of 9.3% y-o-y, as tax breaks on cars purchases were not introduced until April, with subsidies on low-emission vehicles added in June, which led to a sales increase in the latter half of the year.
BMI does not believe that the level of growth attained in FY10 is sustainable, given that it was so heavily driven by incentives. The Japanese market is highly saturated in nature and the withdrawal of incentives will only compound the stagnation. Given that our forecasts are based on calendar year results, our projection actually appears positive, as we expect an increase in sales in 2010, albeit less than 1%. However, for the remainder of the five-year forecast period we believe it will be hard for vehicle sales to surpass average annual growth of 2%.
Market saturation keeps Japan in fourth place in BMI's business environment ratings for the autos sector in Asia Pacific with an overall rating of 61.1 from a possible 100. While the country scores well in terms of its country risk, with low levels of corruption and a sound legal framework that have bumped up the market's overall score, the auto industry is nearing full capacity, and this consequently reduces production growth potential, while the high level of vehicle ownership restricts possible sales growth. Labour costs are also high, which adds to the cost of expanding production.
March sales also suggested that Toyota Motor has not suffered significantly from its recall campaign on its domestic market. Toyota retained its lead of the market with sales excluding mini vehicles up by 53% y-o-y in the month, while sales for the financial year rose 15.3%, to 1.534mn units. Moreover, question marks over the quality of the Prius hybrid were outweighed by the 'green car' incentives, making the hybrid model the country's best-selling car for the 12 months ending in March. Suzuki Motor's WagonR small car was ousted into second place for the first time in five years, while Honda Motor's Fit small car was third. The first serious foreign competition in the alternative fuel segment can be expected from General Motors Company, which intends to launch its Chevrolet Volt within the next two years.
Japanese Mini Toilet
Tags: design, flash, games, japan, japan ministry of defense, japan ministry of education, japan ministry of finance, japan ministry of foreign affairs, japan ministry of health, toys
This entry was posted on Saturday, August 15th, 2009 at 10:17 pm and is filed under Cd & Albums. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.



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