ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Japan-Update

Corporate Japan playing it safe on exchange rates

TOKYO -- Japanese enterprises continue to predict a strong yen for the rest of fiscal 2016 despite recent depreciation, preferring underestimating earnings to getting burned by surprise shifts.

Of 62 major companies announcing second-half exchange rate forecasts in October, 35 see the currency at 100 against the dollar. The group averages around 102. The greenback now fetches 104 yen to 105 yen.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more