The valuation of Japanese companies given their extremely high levels of efficiency mean that one should jump in and pick up stock in the world class names such as Honda and Toyota, Komatsu or Sony and Fujitsu.
With all the new bells and whistles--and generous subsidies from phone companies hoping to sign up new customers and upgrade old ones--sales of mobile phones are starting to pick up after two years of stagnation and could jump 15% next year.