Japan in the News: Japan Still in the Game according to Bloomberg Businessweek
Although Japan has lost its position as the world’s second biggest economy to China, with a growing budget deficit and stagnant growth, Japanese companies continue to dominate globally in several industries. A recent issue of Bloomberg Businessweek lists 6 industries where a Japanese company has a #1 position in global market share (in brackets).
Autos: Toyota (10.4%)
Tires: Bridgestone (16.2%)
Cameras: Canon (44.7%)
Industrial Robots: Yaskawa (25%)
Hard Drive Motors: Nidec (80%)
Motorbike Batteries: Yuasa (25%)