Not All Is Well In Japan

The Japanese industrial juggernaut seems to have done much better in the recent years than the Americans. But things are not going too well for some of the earlier success stories. Sony is the one name that just can't seem to regain its lost glory. On peak of consumer electronics industry worldwide in the 90s, it lost the gaming market first to Microsoft XBox in the high end, to Nintendo DS in the handheld and now to Nintendo Wii in the mass market consoles. Its Walkman franchise is all but dead in face of the onslaught from Apple iPod.

It comes as no surprise then that Nintendo's market capitalization exceeded Sony's for the first time. What comes as a surprise though is that Sony seems to be in deep slumber - all this is yet to awaken it. Here's an article from Forbes that talks about Sony's options and how it seems to be taking the path of least resistance.

In the automobile industry, while Toyota seems to have fulfilled its promise of being the global number one, the 90s success story of Nissan with its Gaijin leader seems to be getting derailed. Profits have taken a hit for the first time under Ghosn. See this article from Forbes.