I will disagree with the Japanese not being status conscious. I am amazed by how many working women I see in Tokyo, Osaka, etc., with expensive designer handbags, Van Cleef jewelry, etc., and also the businessmen who wear designer clothes and expensive watches.
Actually if you've shopped in Paris, say, at LV, you know that the salespeople always help the Asians first because they buy multiples of each item, whereas Americans will buy only a few items. It's a good business practice for the shopkeepers because the US $ isn't worth what it used to be. I don't disparage Asians for that. As Americans, we used to take advantage of deals in Europe when the U.S. $ ruled.
But that doesn't negate my earlier post.