While major Japanese corporations such as Toyota, Honda, Sony and Panasonic blame the strong yen...


While major Japanese corporations such as Toyota, Honda, Sony and Panasonic blame the strong yen for hurting their results, a contingent of export-driven niche manufacturers are thriving. Take Tamagawa Seiki, a provider of gyros and sensors for a range of products, including hybrid cars, fighter jets and satellites. The company faces few competitors, and expects sales to Europe to double in five years from ¥4B ($49M) last year.

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