A private survey has concluded that the rapid depreciation of the yen has had a negative impact on the business performance of more than 60% of companies.
In late July, Teikoku Databank, a private credit research company, surveyed more than 25,000 companies nationwide about the effects of the weaker yen and received responses from more than 11,000 companies.
According to the results,
61% of the companies answered "negative" about the impact on business performance, greatly exceeding
the 4% who answered "positive" and
the 7% who answered "neither". rice field.
By industry, there was a large percentage of negative responses in the wholesale of textiles and clothing, as well as the manufacturing of food and drink and feed.
In addition, when multiple answers were asked about the reasons for the negative results, more than 70% of the respondents said that
▽Rise in raw material prices and
▽Increase in cost burden due to the rise in fuel and energy prices both
accounted for more than 70%.
Nearly 40% of the respondents said that they had worsened.
The company that investigated said, ``The expansion of exports due to the weaker yen has not had the same effect as it used to. is on the rise, and it is feared that this trend will continue.”