TOKYO (AFX) – Japan&s large-scale industry is preparing the slowdown in China and other growth markets increasingly worried. For the first time in three quarters of the determined by the Central Bank sentiment index has fallen for the large industrial enterprises, namely September to plus 12 to plus 15 in June. A positive index means
namely, that the optimists are in the majority. But for the next three months, it looks worse: the published on Thursday “Tankan” report alleging that big industry expects to
December with a drop in the mood value to plus 10 degrees.
The data could increase the pressure on the Bank of Japan (BoJ) in the opinion of analysts, monetary policy may have at the next meeting on 30 October to further
loosen.
Among the major non-manufacturing companies in the number three in the global economy, the mood in the past quarter contrary brightened. The corresponding index improved the
fourth consecutive quarter to plus 25 to plus 23. This is the highest level in nearly 24 years. This was due mainly the buying mood of foreign tourists, whose numbers in the face of weak
External value of the yen rises. Then there is the increasing demand for office space in Tokyo.
Nevertheless, Japan&s service companies about the future prospects are skeptical: The large non-manufacturing companies expect a decrease in the calculated from the BoJ
Mood value until December to plus 19 However, despite the growing uncertainties, many companies show in Japan willing to invest more in their plant and equipment.
Across industries, the big companies want to increase their capital spending in the run until March 31, 2016 fiscal year by an average of 10.9 percent.
This took Tokyo stockbrokers regardless of mood damper in the large-scale industry as a sign of optimism: The Nikkei index of 225 blue chips was up 334.27 points or 1.92
Percent to the level of 17 722.42 points. For this purpose, but especially contributed slightly better than expected economic data from China in. /Ln /DP /jkr
