Editorial

摘要

Dear readers, It is particularly important for our industry, both in Japan as well as in Switzerland, that each country is dependent on a strong export sector. Companies here where the ITJ is published are unhappy about the even higher price of their goods abroad, and are afraid that their international ability to compete will suffer greatly as a result of the Swiss National Bank surprisingly ending the franc's minimum exchange rate visa-vis the euro on 15 January. The Far Eastern nation, in turn, has a rather weakly-rated national currency in the yen (whose smallest coin feels almost like toy money). This provides the country with a lot of advantages, not only abroad.