A Reuters poll found that more than three-quarters of Japanese firms say the yen has declined to the point of being detrimental to their business, with almost half of companies expecting a hit to earnings. The results of the Reuters Corporate Survey are one of the clearest signs yet that much of Japan Inc is struggling with higher costs and worsening consumer demand caused by the yen’s weakness.
Business & FinanceEconomy
13 April 2022, 9:07 pm. 1 minute
Article Tags
Topics of Interest: Business & FinanceEconomy
Type: Reuters Best
Sectors: Business & Finance
Regions: Asia
Media Types: Text
Customer Impact: Important Regional Story
