Economic toll mounts as Japan extends state of emergency

Government weighs more aid to struggling businesses as consumers stay home

20200504N Shuttered store

The coronavirus pandemic has forced many stores in Japan to shut down. © Reuters

TOMOHIRO EBUCHI, Nikkei staff writer

TOKYO -- Japan's decision to extend its state of emergency through the end of this month will knock another 1 to 2 percentage points from economic growth this fiscal year, experts predict, as consumers stuck at home amid the coronavirus pandemic keep their wallets closed.

Sponsored Content

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