This via Reuters monthly survey of Japanese corporates.
-
half of Japan firms say weakening yen will hurt profits,
29% expect it
will boost
earnings. - 75% of Japan firms say they
can’t compensate for the yen’s drop beyond 145 vs the USD - 23% of Japan companies say
business conditions are good - Among those hurt by the weak yen, 64% said they were coping by raising prices, the most common response. Diversifying sources of raw materials was cited by 28% of firms
Japan Inc will take note of opinions expressed by firms.
