Let's be clear about the usual distinction: Any price sounds grotesquely high when you're looking at SA retail prices. If you bought the Tokai in Japan, you could get it for comfortably under R40K. That top of the range Tokai with the AAAA solid flame top that I posted a picture of? Brand new right now: 394,000 Yen - R32,248. Cheaper than a new R9 bought in the USA.
There's a big problem on these discussions when we compare SA retail price for Tokai with US retail price for Gibson. The difference starts to vanish. Let's see what happens when we do it the other way around, shall we?
In Japan, a Tokai LS150 (R8 equivalent) can be had for R12K with the plastic still on the pickguard. And a Gibson R8 bought through take2 will cost you R46,302. Thirty four thousand rand sounds like quite a price for a different name on a headstock and some fret-end nibs, wouldn't you say?
http://more.take2.co.za/moreusa-gibson-1958-les-paul-plain-top-vos-electric-guitar-ice-tea-b000vtmc10.html
It's a ridiculous comparison.
And when we start comparing SA retail prices for Tokai with second hand prices for Gibson, things can get stupid. It actually starts to look like high end Tokais can cost more than VOS Gibsons. Not true.
Apples with apples.
We can't expect Tokais to have a lower markup in SA than other instruments, surely? That's bananas. These are, unfortunately, the (insane in my opinion) economics of the SA retail industry. MusicMadness was selling an LS150 at R16K - a totally acceptable price given shipping and markup. That can be compared against the R42K for a start.
Nobody will pay local retail prices for a Tokai LS470. Nor, if they have much sense, will they pay that money for a VOS Gibson, since it would be cheaper to fly to the USA and bring one back.