Financial Demand for Companies Decreases Sales at Record High at Corona BOJ Survey 11:35 on July 17
A survey by the Bank of Japan looking at how much money companies need has found that companies' funding needs have been the highest since the survey began. It can be seen that the tight financial situation continues due to the influence of the new coronavirus.
The BOJ is investigating the demand for money and lending trends of corporations and individuals every 50 months through 50 financial institutions such as major banks and regional banks, this time from the 9th of this month to the 8th of this month.
Among them, the demand for funds from companies is 59, which is the index obtained by subtracting the ratio of "decrease" or "slightly decrease" from the ratio of "increasing" or "slightly increasing". did.
It surpassed the plus 43 in the January 2009 survey immediately after the Lehman shock and was the highest since the start of the 2000 survey.
Due to the impact of the new coronavirus, sales in both manufacturing and non-manufacturing industries have fallen sharply, and it can be seen that the cash flow situation is still severe.
However, the outlook for the next three months has fallen to a positive 29, and the Bank of Japan believes that the rise in demand for funds will once settle.
On the other hand, the demand for individual loans such as mortgages is minus 24, which is the lowest since the survey started, contrary to companies, and the Bank of Japan seems to be refraining from buying houses and cars due to the economic downturn. I will.