Japan companies at their most upbeat since 1997


  • Business
  • Saturday, 13 Dec 2003

TOKYO: Big Japanese firms now feel more confident about business conditions than at any time in the past six years, thanks to robust exports, but are cautious about whether the recovery can be sustained, a key survey showed yesterday. 

The Bank of Japan’s tankan survey of business confidence showed the diffusion index for large manufacturers rose to plus 11 in December from plus one in the previous survey in September. 

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