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Japan Cool-ing Off?

Interesting article in yesterday's Nikkei Shimbun, Japan's equivalent of the Wall Street Journal. Entitled "Kuuru Jyapan no Yuuutsu" ("The Melancholy of Cool Japan"), it paints a bleak portrait of the domestic video game industry, noting that the top two video game companies worldwide (EA and Activision-Blizzard) are now foreign. Even more to the point is the domestic market's sluggish growth in spite of a near doubling of the size of the market abroad.
Once Japanese-made games ruled arcades and television screens. What happened?

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MAR-TYR-DOM4249d ago

i dont think so,
MGS4
FF verses
White Knight Chronicles
Team Ico games
etc