Corporate Sentiment in Japan Slumps to Near Three-Year Low

  • Optimism among businesses is waning as the yen strengthens
  • Companies are paring their plans for capital expenditure

Japanese Business Sentiment Wanes With Yen Woes

Sentiment among Japan’s large manufacturers dropped to the lowest level since mid-2013 as a stronger yen risks eroding company profits, undermining efforts to spur a recovery in the world’s third-largest economy.

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