Japan's export dependency has increased due to the weakening yen
In the year through last March, Alps Electric paid a total of 12 yen
in per-share dividends, including a year-end dividend of 6 yen
Nippon Conlux, a developer of coin mechanisms for vending machines, fell 21 yen
to 685 yen
Market nervousness about the risks of a further round of currency depreciation in Asia increased after certain Chinese officials voiced dissatisfaction with the effect of yen
depreciation on Chinese trade and economic conditions.
A lot of speculation in Treasury securities has been financed by borrowing yen
at an interest rate of about one-half of a percent.
Using a sharing formula, the price decrease would be 668,421 yen
for a net price of 10.
Despite the large appreciation of the yen
in the late 1980s, the Japanese trade surplus declined only modestly, and then primarily because of the investment and consumption boom, which led to a rapid increase in imports.
The dollar began the quarter by continuing its upward movement against the yen
, supported by expectations for further monetary tightening in the United States and steady monetary policy in Japan.
but still was more than 35 percent above its April record low.
For instance, if you hedge your yen
receivable at 100 yen
per dollar with a forward contract, you'll get $1 for every 100 yen
you deliver to the bank in, say, six months.
now expects 203 billion yen
in group net profit instead of an earlier-estimated 197 billion yen
and 260 billion yen
in pretax profit instead of 250 billion yen
Despite the diminishing impact of increasingly large interventions and signals to the market that the government fully intends to intervene as much as necessary, Japanese exporters are moving to hedge the risk that the yen
will move through the [yen
]100 milestone this year.