He added that it was nearly impossible for Western companies to sell electronics goods in Japan because the Japanese dominate the distribution system.
The challenge, of course, is knowing when spending in consumer and corporate electronics goods is likely to rise.
It will also almost certainly cause some retailers to limit discounts, particularly for electronics goods and clothing.
But they added that the ruling would almost certainly cause some retailers to limit discounts to consumers, particularly for electronics goods and clothing.
Wal-Mart, too, is trying to move away from the lowest-priced electronics goods.
This rate already covers many products in the shops, including clothing, alcohol, electronics goods and some professional services.
This response to the grey market is especially evident in electronics goods.
Exports grew 6.2 percent, helped by strong demand for electronics goods in Asia and steel in Europe.
Sales of electronics goods fell 15 percent in Europe compared with the quarter last year.
Lamington Road is famous for its wholesale and retail market in electronics goods.