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| Topic | Arent Japanese game companies making bank with the low yen to US conversion? |
| ssjevot 04/24/24 9:35:45 PM #3: | A weak currency is good for exports and bad for imports. If you're an import dependent economy like the US, you want a strong currency. If you're export dependent economy like China, you want a weak currency. Back when Japan was blowing up in the late 80s and early 90s the weak yen was a huge help because they were an export dependent economy. Now though it's complicated. Japan still has a manufacturing base, but it's nothing like it was decades ago. So a weak yen is good for some companies and not for others. Nintendo is primarily based in Japan and most of their sales are overseas, so it's overall good for them.
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