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Originally Posted by Desert Fox
The recent run-up over the past couple weeks may be so, however the OP was talking about the increase in pricing of Shimano products over the past year or two.
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Japanese work on April-April fiscal year. Chances are Shimano has reset currency hedges and raised prices accordingly.
I can expand the data for you.
june07 123.17
june08 106.21
june09 96.36
june10 83.53
june11 80.56
Actually, Japan lost it's AAA in 2001. It was downgraded again this year to AA-. Although small, the risk of default is higher than that of the U.S. according to the rating agencies. The fact the Japanese debt is largely held by Japanese institutions has nothing to do with default, it has to do with the price they will pay for the debt.
However, at some point if the Japanese Gov cannot pay , it is a default regardless who holds it. The fact the debt is held by the domestics just means they will probably be willing to roll it over longer postponing the inevitable.
in 1985 as an exchange student, I received around 250 to the dollar.
1987 after plaza accord, it was down to 140.
Now we are really off topic. However, considering the debasing of the dollar is something that will come to dominate all of our lives, maybe not.