if the yen keeps dropping.... perhaps.... already its 25% below its peak.

to certain extend true but Yen is not trading @ 0.0292.. it used to be as high as 0.04.
seeing that their economy is again under deflationary pressure and the end of QE3, has shifted capital flight from Yen based to US assets... so further gain vs yen is possible at least for the next few months.
But in Dec, Abe may introduce increase in sales tax again to help reduce the deficit (from 8% to 10%?)... this will offset the gain in ringgit vs Yen. So hard to say.. we will see how things play out.