41. A strong yen also made yen-priced gold cheap to Japanese investors. 42. A strong yen can pressure exporters to raise prices abroad and erode the yen value of profits earned overseas. 43. A strong yen hurts earnings at electronics and other exporters by cutting the value of dollar-denominated revenue and pressuring them to raise prices overseas. 44. A strong yen hurts Japanese exporters by making their products more expensive abroad. 45. A strong yen hurts Japanese exporters by raising the price on their goods abroad and slashing dollar revenues. 46. A strong yen is damaging because it makes Japanese exports, a possible engine of recovery, much more expensive, and therefore, less competitive abroad. 47. A strong yen pressures exporters such as Toyota and Sony to raise prices on products sold abroad and cuts into profit when their dollar revenue are repatriated in yen. 48. A strong yen, which makes Japanese exports more expensive on overseas markets, and competition from low-cost Korean manufacturers have also hurt steelmakers. 49. About three years ago, luxury-car leasing began to boom, especially at Japanese car companies where a strong yen meant high prices in America. 50. Also contributing to the growth was the effect of translating Japan sales from the strong yen into dollars. |