Japan firms lobby chiefs urge tackling weak yen

The yen was one of the few currencies that failed to capitalise on the weak dollar in 2025, despite two rate hikes by the Bank of Japan during the year. — Reuters

TOKYO: Two major Japanese business lobbying groups have called on the government to address the yen’s weakness, which is inflating import costs and weighing on households and businesses, their chiefs tell domestic media in separate interviews.

Yoshinobu Tsutsui, head of Japan’s biggest business lobby Keidanren, ‌said in a group interview with multiple domestic media that the weak yen tends to be highlighted for its benefits, such as boosting profits ​for exporters.