(Bloomberg) -- Nissan Motor Co., Canon Inc. and
Ricoh Co. say the yen's slump to a 22-year low is too much of a
good thing for Japan's exporters.
Nissan, the nation's third-biggest carmaker, can't afford
to rely on exchange rates to compete, Chief Executive Officer
Carlos Ghosn says. Canon Chairman Fujio Mitarai, head of the
country's largest business lobby, and Ricoh President Masamitsu
Sakurai, leader of the biggest executive group, said the yen's
drop is becoming a concern.
Read more at Bloomberg Currencies News
Ricoh Co. say the yen's slump to a 22-year low is too much of a
good thing for Japan's exporters.
Nissan, the nation's third-biggest carmaker, can't afford
to rely on exchange rates to compete, Chief Executive Officer
Carlos Ghosn says. Canon Chairman Fujio Mitarai, head of the
country's largest business lobby, and Ricoh President Masamitsu
Sakurai, leader of the biggest executive group, said the yen's
drop is becoming a concern.
Read more at Bloomberg Currencies News
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