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Japanese electronics makers catch a break – a weakening yen Add to ...

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Japan’s assault on the yen has produced some clear winners: Investors in the country’s beaten-up consumer electronics industry. Shares in Panasonic jumped 17 per cent on Feb. 4 after the group reported a less-severe-than-expected quarterly loss. The hope is that stronger exports and recent cost-cutting will transform earnings. But with revenue still shrinking, the recent rally is largely based on hope.

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