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Large Japanese firms saw business sentiment improve in Q3 2022, but 2025 outlook is mixed.
Large Japanese corporations saw their business sentiment improve in the third quarter of 2022, with a Business Sentiment Index (BSI) of plus 5.7, boosted by semiconductor demand and digital transformation.
Manufacturing and non-manufacturing sectors both showed positive growth, with services particularly strong due to rising travel activity.
Capital investment for fiscal year 2024 is projected to rise 10.3% year-on-year.
However, recent Reuters reports indicate a decline in manufacturing sentiment, while non-manufacturing sentiment has improved, suggesting a mixed economic outlook for 2025.
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Las grandes empresas japonesas vieron el sentimiento empresarial mejorar en el tercer trimestre de 2022, pero las perspectivas de 2025 son mixtas.