6 Articles
6 Articles
Japanese Executives Seek a Stronger, More Stable Yen as Currency Swings Disrupt Business Planning
Japanese corporate executives are calling for a stronger and more stable yen, even as some of their companies continue to benefit financially from a weaker currency. Yoshinori Kanehana, chairman of Kawasaki Heavy Industries, said currency volatility has become the company’s biggest problem because unpredictable exchange rates make long-term investment decisions more difficult. “When the yen […]
Japan's top executives have expressed increasing concern about the depreciation of yen, stressing that currency weakness threatens economic stability and makes it difficult to develop long-term strategies, even for companies that rely on dollar revenues and apparently benefit from currency-conversion teams. The Chairman of the board of directors of the company, Kawasaki Hevi Endisters, explained that exchange-rate fluctuations represent [...] Ja…
Illustrative image Photo: PexelsExecutives of large companies in Japan defend stronger yen, even with gains of weak currency
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