Economics
Japan's Manufacturers Say Business Conditions the Worst in Years
An employee handles Japanese national flags at Tokyo Seiki's manufacturing facility in Numata, Gunma Prefecture.
Photographer: Noriko Hayashi/BloombergThis article is for subscribers only.
Japan’s biggest manufacturers say current business conditions are at the worst in nearly three years, the latest indication the nation’s export-dependent economy is taking a battering in the current quarter.
The Finance Ministry’s quarterly business survey, released Tuesday, showed a reading of minus 7.3 for conditions among Japan’s largest manufacturers, the worst result since the second quarter of 2016.