TOKYO, Aug 27 (Reuters) - Two-thirds of Japanese companies expect the yen's strength to squeeze profits and 40 percent will shift production overseas if the currency remains at present levels, a government survey showed. The survey by the Ministry of Economy, Trade and Industry asked 102 companies, mainly exporters, how the yen was impacting their business following the currency's rise to a 15-year high of around 85 yen against the dollar. Some 51 percent said the stronger currency was ...
Premium Content (PAID Subscription Required)
"Yen rise to push more Japan output overseas-survey" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642