Are the days of the major Japanese manufacturers numbered?

Many people in amateur radio get a lot of pleasure from unpacking a new radio for the first time. 

Often these new radios come with some new feature that a person "must have". Sometimes older radios are traded in to pay for the new box.  In reality, this new feature will not be noticed or rarely used.

Of late, the Chinese, Indians and others have been producing transceivers that are superior at much lower prices. In my view, as the demographic of radio amateurs ages, many of the traditional Japanese manufacturers will think twice or even leave the market.

It would appear that many of these Japanese radios are still using conservative designs. In the past, I think I am right, the Japanese have not been so good on innovation.

Maybe the "big three" are about to get a bloody nose?