Growing Popularity Of Smartphones Puts Japanese Companies On Call To Hone Business Strategies Aug 11
Standard & Poors, August 2011
Abstract
Following a slowdown in the growth of Japan's mobile phone market due to near saturation in 2008 and 2009, rising demand for smartphones has recharged subscriber numbers along with the earnings of a number of the nation's key industries. The popularity of smartphones in overseas markets has also led to a steep increase in the production of smartphone handsets. Consequences for related domestic industries are both positive and negative. While growing demand for smartphones has produced broad benefits in some industries, Standard & Poor's Ratings Services believes fewer companies in these industries will see gains from smartphone penetration in the future. At the same time, we believe high risks associated with technological innovation and relatively heavy investment needs will increase...
Companies mentioned in this report are:
- Canon Inc.
- Panasonic Corp.
- Ricoh Co. Ltd.
- Sony Corp.
- TDK Corp.
- Asahi Glass Co. Ltd.
- Toshiba Corp.
- Sharp Corp.
- FUJIFILM Holdings Corp.
- Softbank Corp.
- NTT DOCOMO Inc.
- Casio Computer Co. Ltd.
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
- Canon Inc.
- Panasonic Corp.
- Ricoh Co. Ltd.
- Sony Corp.
- TDK Corp.
- Asahi Glass Co. Ltd.
- Toshiba Corp.
- Sharp Corp.
- FUJIFILM Holdings Corp.
- Softbank Corp.
- NTT DOCOMO Inc.
- Casio Computer Co. Ltd.
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