Fall of the Japanese electronics giants

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It has been 100 days since Prime Minister Shinzo Abe took office in Japan.

More than three months into the job, the economy is showing little signs of a turnaround.

Mr Abe is pursuing an ultra-easy monetary policy, which he hopes will urge consumers to spend, and companies to invest.

But that could be a real challenge for the electronics sector.

Sony, Sharp, Panasonic - these electronic giants were once household names. Now they are in deep trouble. Panasonic is expected to post an $8bn loss this year. Meanwhile Sharp could post a loss of $5bn and potentially go bankrupt.

What led to the current state of these corporate giants?

Rupert Wingfield-Hayes reports.

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