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Japanese companies to maintain capex regular amid US-China commerce tensions – Reuters Company Survey

The newest Reuters Company Survey confirmed majority of the Japanese companies need to preserve their capex plan within the subsequent fiscal yr.

Key Findings:

“52% of Japan companies to maintain capex plan regular subsequent fiscal yr, 22% to increase, 14% to extend reasonably, 12% to chop.

42% plan to hike base pay this yr, of which 75% to lift by as a lot as final yr.

41% anticipate revenue to fall subsequent FY resulting from commerce friction, protectionism; 38% anticipate gross sales decline; 1 / 4 to overview provide chain.”

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