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Survey of Japanese firms: 75% say they can’t compensate for USD/JPY above 145 | Forexlive

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.