Poll shows Japanese firms remain deeply pessimistic | Forexlive

The results of the latest Reuters Corporate Survey, conducted for Reuters by Nikkei Research, has been published.

From the report’s part on the business environment::

• corporate managers
  turned slightly less pessimistic, with 74% saying conditions
  would be “not so good” to “bad” in the next three months,
  compared with 77% in the May survey.
• A manager at a company in the electronics sector noted that
  automotive and some other businesses have been stable, but
  demand for consumer products has been unstable. “We can’t ignore
  the impact of a global economic slowdown now,” the manager said.

In relation to inflation, this snippet:

• “Profits have increased as we can now afford to pass on
  rising procurement costs to our product prices,” a manager at a
  chemicals company said.

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The Reuters Corporate Survey

canvassed 493 big, non-financial Japanese firms