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