Just what does it take to keep Japan's companies happy?

They asked for a cheap yen to help boost overseas sales -- and they got it.

The latest trade data shows Japan's exports rising at their fastest pace in three years.

Even shipments to China posted healthy growth, despite lingering tensions over a territorial dispute that flared up last year.

But a Reuters survey shows sentiment among manufacturers slipped in September from a 3-year high the previous month.

The main concern? Weakness in emerging markets, where some firms see demand undershooting forecasts.

At home as well, Prime Minister Shinzo Abe's largely successful growth push has come at a price.

While exports are climbing, the weak yen has pushed up import bills, with Japan posting its longest streak of trade deficits in 30 years.

The country's growing reliance on imported fuel after the Fukushima nuclear crisis is a big reason for that.

With Japan's reactor recently going offline, and winter on the way, the situation is unlikely to improve anytime soon.

Electricity costs are rising, and could become a major headache for energy-intensive industries.

Abe also has yet to detail how he will offset the impact on companies of a planned sales tax hike that some say already has consumers tightening their belts.

So though Abe's scored a few points for the country's corporates - not to mention a successful Olympic bid - some of his victories are starting to look like a double edged sword. Positive data may reassure the markets - but companies are likely to stay nervous.

ENDS

About News.net

Publishing Services International Limited (PSIL) is the publisher and operator of a worldwide network of online news sites dedicated to delivering fair, accurate and relevant reporting from a variety of the world’s most trusted sources – from the biggest cities to the smallest towns.

We deliver positive and powerful messages to our readers, providing up‑to‑the‑second news that matters to the individual.

Our promise is to serve communities and individuals worldwide, delivering information that hasn’t always been available to them. We will give them back a voice – a voice that’s empowering because it is theirs – and provide a platform to communicate between themselves and the world.

We believe people are not just generic demographics; they are individuals with their own preferences and curiosities. We are about understanding these individuals, listening to them, and serving them.

We are the new pioneering spirit of news – we’re not talking to everyone, we’re talking with every one.

If you want your news, your voice, your way, on your time – we’ve got news for you.

 

FAQs

Email

If you have any questions or concerns please email us on support@news.net

Phone

  • Australia, Toll Free 1-800-983-421
  • Hong Kong, Toll Free 800-906-187
  • Singapore, Toll Free 800-852-3871
  • USA/Canada, Toll Free 1-800-830-4132

Advertise With Us

Interested in being awesome?
Contact us by email or phone.

Cancel