91. Meanwhile, manufacturers slammed by the strong yen, slumping demand and falling prices are desperately cutting bloated payrolls. 92. Mitsubishi Motor Corp. profit rose in the most recent fiscal year as cost cutting made up for a drop in export sales caused by a strong yen. 93. Mitsubishi Motors Corp. profit rose in the most recent fiscal year as cost cutting made up for an export sales drop caused by a strong yen. 94. Moreover, Japanese institutions, which poured money into dollar-denominated assets in the last decade, are still smarting from the effects of the strong yen. 95. Meanwhile, a too strong yen hobbles the Japanese economy by making its exports more expensive abroad. 96. Mitsubishi Motor Corp. profit rose in the most recent fiscal year as cost cutting made up for an export sales drop caused by a strong yen. 97. New Oji Paper Co. profits nearly tripled in the most recent fiscal year as demand for paper picked up and a strong yen cut raw material costs. 98. Nissan relies heavily on Japanese exports, which are made more expensive by a strong yen. 99. New Oji Paper Co. profits nearly tripled in the most recent fiscal year as demand for paper picked up and a strong yen cut the cost of raw materials. 100. Normally, the strong yen hurts such companies because their products will be less competitive overseas price-wise. |