
TOKYO -- The majority of Japanese companies CEOs expect the economy to take at least two years to recover from the fallout of the coronavirus, according to a Nikkei survey, pointing to a grim prognosis as the global pandemic shows no signs of abating.
With nearly all of the 145 companies responded resorting to telework, 40% are considering either shrinking office space or tapping share-office services, suggesting that they are bracing for a prolonged battle with the virus.