In a survey of 111 major companies on foreign exchange markets, 46% of respondents said that the yen had depreciated too far. The interest-rate differential between Japan and the United States and other factors were cited as the background.
In a survey of 111 major companies on foreign exchange markets, 46% of respondents said that the yen had depreciated too far. The result shows the extent of yen depreciation from the perspective of companies.
The article indicates that the interest-rate differential between Japan and the United States and other factors have been cited as drivers of the yen's movements as background to the survey findings. The yen's movements are interpreted as being linked to these factors.
The article focuses on companies' perceptions of the extent of yen depreciation and does not include any additional follow-up reports or detailed comments from individual companies.