I posted on this earlier, but more details are available now: Japan Inc. averse to further yen drop, poll finds
- About half the Japanese companies in a new Reuters survey say the yen has fallen enough,
- just 15 percent want a further yen decline
- and more than one-third would in fact like to see the currency rebound from its 4-1/2-year lows.
top officials in Prime Minister Shinzo Abe’s half-year-old government — who used to stress the urgency of reversing the yen’s strength — have also begun highlighting the downside of the yen’s steep slide, such as higher imported-energy costs.
