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This inexorable downward pressure on prices now shows up even when the prices of raw materials rise, costs that in the past were hurriedly passed on to consumers.
At Sharp, an appreciation of one yen against the dollar means a drop in profits of $11 million; at Toshiba, a one-yen rise costs $265 million in revenue; and at Sony, a one-yen rise takes $445 million in revenue and $11 million in operating profits.
Similar(56)
Rising costs.
Rising costs were only one problem.
Why does the government understate rising costs?
The reason for the rising costs?
Rising costs pervade the health care system.
CSFB said it is worried about rising costs at Icap.
A primary cause of rising costs is longer sentences.
Rising costs put the squeeze on builder confidence in April.
Rising costs don't seem to be a deterrent though.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com