I. Economy Analysis
1. World Economy
The global market in finance shows a downward trend.
Not only an advanced country but also developing country be slumped.
Firms reducing investment.
Global oil price and raw material price are falling down.
2. Domestic Economy
Domestic demand is depress.
II. FirmAnalysis
1.Corporate Profiles
Overview
Corporate Name
Date of Establ
of yen.
Addressing a press conference in the morning in Tokyo, after the government and the Bank of Japan (BoJ) stepped into the market to sell yen and buy dollars, Japanese Finance Minister Yoshihiko Noda said he will continue to watch forex market trends.
The widely anticipated move immediately pushed the surging yen down from the fresh 15-year highs it hit on Tuesday to trade above 85
of multimedia contents and interactive services, as well as send and receive email and instant text and multimedia messages, using their mobile phones and other wireless devices.
SK Telecom also offers a wide range of wireless entertainment-related contents and services, primarily through content-specific portal sites that it operates, including Melon, GXG, Cizle, and June. Melon is a music port
of accounting, requiring that the company use accounting limitations to manage earnings and modify the balance sheet to portray a favorable depiction of its performance. According to McLean and Elkid in their book 『The Smartest Guys in the Room』, "The Enron scandal grew out of a steady accumulation of habits and values and actions that began years before and finally spiraled out of control."
will also be devalued
120 billion won – 100 billion won = 20billion loss
Dollar values of the firm’s assets devalue ex. U.S bonds
Strengthen its competitive position in the marketplace
Can sell products at lower prices
But, the cost of imported raw materials will increase
Reduced Profit Margin
Requires more won amount to pay off dollar payables