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Daily News

Japanese Appliance Sales Down
Jun 27, 2003
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Sales at major Japanese retailers of electric home appliances fell 4.7 percent in May from a year earlier to 166.7 billion yen (U.S. $1.4 billion), marking the ninth straight monthly drop, the Nippon Electric Big-Stores Association said Wednesday.

Sales of personal computers fell 19.3 percent to 20.7 billion yen ($173.4 million), or 12.44 percent of the total, while TV sales declined 15.3 percent to 12.9 billion yen ($108.1 million), or 7.76 percent of the total, the Association said.

Sales of DVD players and recorders, however, rose 23.15 percent to 3.8 billion yen ($31.8 million), extending their rising streak to 43 months. Among other products showing gains in sales were digital cameras, whose sales rose 22.1 percent, and air-conditioners, whose sales increased 12.9 percent. Sales of vacuum cleaners were up 7.6 percent from the previous year. (The Japan Times)

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