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Dynamic Japan

MAIN INDUSTRIES: All the top multinationals with sales and operations expanding globally. Includes Toyota, NEC, Toshiba, Sony. They benefit from a weak yen.

COSTS: Getting lower, thanks to new low-cost plants in U.S., Latin America, Europe, and East Asia.

STOCK PRICES: The top performers in the Nikkei, especially auto and technology issues.

FINANCES: Healthy. The best multinationals have billions in cash and can raise money worldwide at favorable rates.

COMPETITIVENESS: Strong, thanks to exposure to rivals in overseas markets

Updated June 15, 1997 by bwwebmaster
Copyright 1997, Bloomberg L.P.
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