Japanese companies have confidence in the country’s economy, according to the latest quarterly survey by the Bank of Japan, which analysts warned was conducted before most business leaders had factored in the new Omicron coronavirus variant.
The BoJ’s quarterly Tankan survey showed sentiment among big Japanese manufacturers was unchanged from the previous report, as supply chain disruptions began to ease and companies felt capable of dealing with higher oil and other commodity prices.
The Tankan index of sentiment among large manufacturers remained at plus 18 in December, the same level as September.
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