Most Japanese companies see yen's decline as detrimental for business

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TOKYO : More than half of Japanese companies expect a hit to earnings from current yen weakness and more than three quarters believe the currency's decline is detrimental to business, a Reuters poll found.Below are the questions and answers in the March 30-April 8 poll, conducted for Reuters by Nikkei Res

TOKYO : More than half of Japanese companies expect a hit to earnings from current yen weakness and more than three quarters believe the currency's decline is detrimental to business, a Reuters poll found.

Below are the questions and answers in the March 30-April 8 poll, conducted for Reuters by Nikkei Research. Answers are denoted in percentages. Percentage totals for a given question may not come to exactly 100per cent due to rounding. The poll and reply totals are in absolute terms. A total of 240 companies responded to the survey.

6. Do you think nuclear reactors should be restarted quickly to address energy security following the Ukraine crisis?Manufacturers 59per cent 41per cent 250 1167.

 

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Exclusive-Three-quarters of Japan firms bemoan current yen weakness as bad for businessTOKYO : More than three-quarters of Japanese firms say the yen has declined to point of being detrimental to their business, a Reuters poll found, 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
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Japan's finance minister says rapid yen moves 'undesirable'TOKYO : Japanese Finance Minister Shunichi Suzuki said on Wednesday that rapid moves in the yen were 'undesirable,' and warned that the government was watching currency moves closely.'Currency rates move on various factors, not just on the interest rate gap between the United States and Japan,' Suzuki tol
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