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flag Large Japanese firms saw business sentiment improve in Q3 2022, but 2025 outlook is mixed.

flag 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. flag Manufacturing and non-manufacturing sectors both showed positive growth, with services particularly strong due to rising travel activity. flag Capital investment for fiscal year 2024 is projected to rise 10.3% year-on-year. flag 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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