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Japan's Recession - Why We Benefit
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25 / M / NYC Metro Area
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Posted 11/19/14

Phersu wrote:

So, Japan has now hit it's fifth recession in the past fifteen years, or so I found out earlier today.

This is a good thing for us. With business becoming tighter for companies in Japan, they will seek for new profit opportunities across the sea that before they would refuse. The need for profit in a time of recession will force them to open up to trading with foreigners, which will mean an increase in visual novels, games, anime, manga, light novels....ect. being imported to the West.

I'll go get the champagne!

Discuss why you think this is good or bad, or send me some feedback at my blog. http://eldritchblog.blogspot.com/




Ha, not going to happen. As much as I like Japanese animation, the government is still really closed mined. They would rather have their population drop by 1/3 in the next 50 years than allow any moderate level of immigration to keep "cultural purity." I get your logic, but the politicians there are stuck in a different mindset...
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33 / M / outer wall, level...
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Posted 11/19/14

BlueOni wrote:

Do you have any data indicating that producers and distributors are redirecting their emphases from domestic markets to international ones? Statistically significant increases in the number of distribution licenses, characteristic changes in the subject matter, sales data, marketing budgets, anything like that?




not much data, just looking at teh country origin on stuff sold stateside. if its electonics, then it came, whole or in part from china.
tho intel has 10 plants stateside but only 1 in china.
but craftsmen tools come from mostly china.
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83 / F / Bite the pillow.
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Posted 11/19/14
The Japanese yen is down a staggering 35% over the past 3 years.
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22 / M
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Posted 11/19/14
Meanwhile Amimi export are going crazy!!!!!!! Belive me even priority orders are delayed!
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M / Tralfamadore
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Posted 11/19/14 , edited 11/19/14
A Japanese recession could mean some companies go out of business, that and the Japanese market for anime could shrink. I doubt that foreign sales could keep them afloat. If they did start to make them for other markets they might try to tailor them for what they perceive that market wants; in other words dumb it down,
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21 / M
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Posted 11/19/14 , edited 11/19/14
In other news "A Certain Magical Index" light novel is finally became available in English yesterday. So give me more light novels Japan.
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29 / F / Chicagoland ~
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Posted 11/19/14
All I know is that with the price of the Yen going down opposed to the Dollar, my anime figures and merch orders every month are getting cheaper, even though some of them are pretty heavy months. It makes me one hell of a happy panda.
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23 / M / Crunchyroll HQ
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Posted 11/19/14 , edited 11/19/14
In the long-run the slow decline of our number one Asian ally is detrimental to our influence in that area. It also affects a wide variety of other things but I wouldn't like to get into that discussion. Most importantly for the average anime viewer it could be mean the end of the anime industry as Japanese consumers, the majority of the anime demographic, spend less on anime causing companies to go out off business
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Posted 11/19/14
You'd have to be a bit more specific, as in good to whom
Sogno- 
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Posted 11/19/14


let's all take pleasure in another's pain shall we
Posted 11/19/14 , edited 11/20/14

Phersu wrote:

So, Japan has now hit it's fifth recession in the past fifteen years, or so I found out earlier today.

This is a good thing for us. With business becoming tighter for companies in Japan, they will seek for new profit opportunities across the sea that before they would refuse. The need for profit in a time of recession will force them to open up to trading with foreigners, which will mean an increase in visual novels, games, anime, manga, light novels....ect. being imported to the West.

I'll go get the champagne!

Discuss why you think this is good or bad, or send me some feedback at my blog. http://eldritchblog.blogspot.com/



This is wrong on so many levels. First of all I don't see it very fitting to be celebrating poverty. A lot of us may be in a position to splurge and worry about entertainment but there are others just wondering when their next meal is coming. Looking past that, Japan is third in the world in GDP. It's a global recession. They're by no means in the great depression and instead one of the wealthiest countries in the world. Japan's economy is held afloat by its automobile and electronics industry. Anime/manga makes up only 3%~ of their exports. So no it wouldn't be wise to presume that they'll now start investing more into it again as its actually losing value. I just figured I'd clarify some stuff that is misleading here Get your facts straight phersu
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40 / M / End of Nowhere
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Posted 11/19/14

Phersu wrote:

So, Japan has now hit it's fifth recession in the past fifteen years, or so I found out earlier today.

This is a good thing for us. With business becoming tighter for companies in Japan, they will seek for new profit opportunities across the sea that before they would refuse. The need for profit in a time of recession will force them to open up to trading with foreigners, which will mean an increase in visual novels, games, anime, manga, light novels....ect. being imported to the West.

I'll go get the champagne!

Discuss why you think this is good or bad, or send me some feedback at my blog. http://eldritchblog.blogspot.com/



I do not know where your optimism come from, but it really is not based on anything the Japanese have done historically.

If anything they will release less for export (ie only exporting censored material to prevent the Japanese from reverse importing in the case of Anime) or charge more for it and more and more controls over the material.

Historically when times are good the Japanese look outward for trade. When times are bad, they pull back and protect their home market.

What is good is that the recession is just technical caused mostly by the last hike in sales tax and the general strength of the Yen on the international market due to a relatively weak dollar.

You may still see more down the line, but that is because the Japanese economy should pick up this quarter and next. The Yen, if Abenomics works right their central bank can manage things as well as the Federal Reserve, should stabilize around 140-160 Yen to the dollar. Which will fix most of the problems with the Japanese economy, especially if they reactive some or most of their nuclear reactors to offset higher oil costs due to a rising dollar and falling Yen. This should cause the Japanese economy to stabilize for the first time in perhaps 20 years and so the Japanese may start to look outwards before they begin to look inwards again. IE times should become better soon.

The upside, travel to Japan should become a lot cheaper from the US with the Yen at 140 to the dollar. Even now at 120 things are almost half as much for Americans as it was just a year ago when the Yen was at 70 or so to the dollar.

But as long as Japan is in a state of recession and the economy is not doing well, the Japanese are not going to increase their exports of things like Anime or Manga or Visual Novels because they will be to busy protecting their home domestic market from intrusion or reverse importing to want to expand exports.

What seems like common economic sense does not really apply to Japan. Because short term profits rarely are seen as more important than long term protection of their domestic market share. Companies will go bankrupt before they risk their domestic market in Japan. Indeed it is considered better to sell off international holdings that are profitable to short up unprofitable domestic holdings when times are bad. And it works because the Japanese, unlike most of the world's population, are very loyal to their domestic brands. They will pay more for a Japanese product than an identical one from China (even if both are manufactured in China) for the most part. The whole Wal Mart cheap prices at all costs model does not work as well in Japan. It does to an extent, but not wholly. Which is why Japan is one of the most complicated markets to work in for foreign firms. Not because of the bureaucracy or red tape, but because of how the Japanese buy things.



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Posted 11/19/14 , edited 11/19/14
"Wishing" for a recession in any form demonstrates a fatal misunderstanding of macroeconomics. Not to mention you're completely dehumanizing an entire nation and wishing poverty upon them just for cheaper anime and to save a few bucks on merch. Shame on all of you celebrating this. I can't believe this has to be said.
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20 / M / California
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Posted 11/19/14
I don't think it's only just Japan. United States it's coming to close to a recession like the one back in '08 because of the house prices are too high. And not just that, I see new homes being constructed still that are not going to be bought. So it's pretty much 2008 all over again if we continue to go like this.

And going back to topic, if we're really going to benefit from anything that is imported from Japan, it's might not only be anime, manga, visual novels, etc. Since that's already being a profit there due to that being the main entertainment of Japan, we might focus towards stuff that are usual beneficial to the US as a whole, like their cars, Sony products, and a lot more electronics, since I see a lot of electronic parts being imported from Japan, China, or originally designed by the States.
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23 / M / Beyond The Wall
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Posted 11/19/14
Maybe, Atlus will finally release Persona 4 on Xbox One and hopefully Japan will stop being so stingy with the damn Gundam games
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