Economy

Japan big firms’ biz sentiment improves in April-June

Yomiuri Shimbun file photo
The Cabinet Office building in Chiyoda Ward, Tokyo

Jiji Press

16:57 JST, June 13, 2022

TOKYO (Jiji Press) — Business sentiment among major Japanese companies improved in April-June, a government survey showed on Monday.

The business sentiment index for companies with capital of ¥1 billion or more stood at minus 0.9, up from minus 7.5 for the previous quarter, according to the joint survey by the Finance Ministry and the Cabinet Office.

The index represents the percentage of companies seeing their business conditions improve from the previous quarter minus that of firms feeling the opposite. The business outlook index for the major companies stood at plus 6.3 for July-September and plus 6.4 for the following quarter.