NIKKEI SURVEY: Panasonic still greenest of green Now that post-quake power shortages have awakened consumers to the importance of energy efficiency, Japanese companies are painting themselves deeper shades of green. And according to Nikkei Inc.'s 15th Environmental Management Survey, the biggest brush belongs to Panasonic Corp.
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Listed firms' earnings to slide 21% Publicly traded Japanese companies are likely to see their consolidated pretax profit plunge 21% in fiscal 2011, according to Nikkei Inc. calculations. The strong yen, floods in Thailand and the European debt crisis have cudgeled exporters - with a number of appliance makers among the blackest and bluest.
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South Korea's export titans come up against unexpected menace: voters Across the Sea of Japan, South Korean companies are rapidly expanding their global clout - many thanks to a rather weak won. Hyundai Motor Co., South Korea's largest automaker, has been a major beneficiary of the government's policy to weaken the currency. Last year, it sold more than 1 million vehicles in the U.S. - a first for the company. In doing so, it climbed into sixth place in U.S. car sales, overtaking Nissan Motor Co. and closing in on fifth-ranked Honda Motor Co.
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