James Heppelmann is ceo and president of PTC. During last week's conference call with financial analysts, he reported on what he saw on his recent trip to Japan:
I traveled from Narita to Tokyo to Nagoya [mid-Japan] and back. Incidentally, I brought a radiation detector with me. I didn't see a single speck of evidence that an earthquake had ever happened anywhere along that route. And my radiation detector didn't pick up any radiation.
So I think the Japanese people who are immediately involved around the area of the earthquake and the nuclear [plants], it's a big deal. But by the time you already get to Tokyo, my personal sense is that it seems far away from the people in Tokyo. And they were in the office working, and you look over at Tokyo and there's a million high-rise buildings it seems, and there isn't a single one of them damaged or anything else.
It's not as bad as the U.S. seems to report it. But I don't really want to say it's not bad, because I think if you're in that immediate area, it is pretty bad.