·You will hear a report presented by a journal
问题详情
·You will hear a report presented by a journalist from Toky0． ·For each question，mark one letter(A，B or C)for the correct answer． The crisis met by Japanese chemical groups is caused by__________，one of the reasons．
A.high prices
B.over capacity
C.high cost请帮忙给出正确答案和分析，谢谢！
参考答案
正确答案：B
“ResultsfromJapan’SlargestpetrochemicalscompaniesfortheyeartoMarch31streflectthecrisisfacingasectorplaguedbysluggishdomesticdemand，overcapacity，plungingpricesandtheappreciationoftheyen．”是本文的原句。【原文大意】文中介绍了该日本公司由于客户需求的减少面临着价格下降等危机，公司的每年生产能力是33．3万吨，占市场的30%。尽管进行了成本缩减等措施但是仍然效果不佳。【听力原文】ByPaulAbrahamsinTokyoResultsfromJapanslargestpetrochemicalscompaniesfortheyeartoMarch31streflectthecrisisfacingasectorplaguedbysluggishdomesticdemand,overcapacity,plungingpricesandtheappreciationoftheyen.NewsfromthesectorscitetradingpositionfollowsthisweeksdecisionbyShowaDenkotosellitspolystyrenebusiness.Thecompany,amarginalmanufacturer,soldits30,000tonsayearKawasakiplanttoAsahiChemical,Japanslargestpolystyrenemanufacturerwithcapacityofabout333,000tonsayear,equivalenttoabout25percentofthemarket.Themovewasthelatestinaseriesofalliancesandmergersasthetroubledindustryrestructures.MitsubishiPetrochemical,thecountrysbiggestplasticsgroup,reportedalossofYS.39bn($80m)comparedwithapre-taxprofitlastyearofYS.25bn.ThegroupmadeanoperatinglossofY13.8bn,thefirstsince1982.Thepoorresultcamedespitecost-cuttingmeasures,lowerrawmaterialprices,andY4bnworthofprofitsfromequitysales.Turnoverfell12.2percentfromY372bntoY326bn,aspricesandvolumesdeclined.Earningspershare,whichreachedY52.5in1991,felltoalosspershareofY9.44.Thegroup,whichisscheduledtomergewithMitsubishiKaseionOctober1st,cutitsdividendfromY8persharetoY4.MitsubishiKaseispre-taxprofitsfell76.8percentfromY9.3bnlastyeartoY2.2bn.Thegroupreporteditsfirstoperatinglossin40yearsatY467m,andonlymanagedtopostpositivepre-taxresultsbysellingY15.7bnworthofequities.Turnoverfell1.8percent,thefourthyearlydecline,toY696bn.ThedividendwashalvedtoY3pershare.Mr.MorihisaTakano,managingdirector,saidthenewlymergedgroupwouldgeneratepre-taxprofitsofY10bnonsalesofY855bnduringtheyeartoMarch1995.Hepredictedpetrochemicalspriceswouldbottomoutduringthesummer.Nodecisionhadbeenmadeaboutthedividend,butthenewcompanycouldpassitduringthecurrentyear,thepre-taxprofitsatMitsuiPetrochemicalindustries,Japansbiggestpolyethylenemaker,plunged75percentfromY9bntoY2.26bnonsalesdown9.3percentatY272bn.Thecompanyblamedpoordemandfortheslumpwhichoffsetthebenefitsofcost-cuttingmeasures.ThedividendisunchangedatY6pershare.Thegroupforecastpre-taxprofitsforthecurrentyearmarginallyupatY3bnonturnoverofY276bn.Shin-Etsu,oneofJapansbiggestmakersofpolyvinylchloride,reportedprofitsdown26.1percentfromY17.6bntoY13bn.Salesincreased0.2percentfromY275bntoY276bn.Netprofitsfell26.6percenttoYT.08bn,orY21.85pershare.ThegroupmaintainedthefinaldividendatY3.75,makingthefull-yearpayoutY7.5pershare.Shin-Etsuforecastpre-taxprofitsforthecurrentyearofY15.5bnonsalesofY277bn.Theoutlookforthepetrochemicalsindustryremainsbleak.Theimbalancebetweensupplyanddemandforethylene,thebasicbuildingblockofpetrochemicals,isabout2.8rntonsofethyleneandissettodeterioratefurtherthisyear.Amassive700,000-tons-a-yearethylenecomplexownedbyMaruzen,MitsuiPetrochemicalandSumitomoChemicalcomesonstreamlaterthisyearandMitsubishiPetrochemicalisalsocommissioninganew300,000-tons-a-yearplantthisyear.
