Skip navigation

Japans Manufacturers End Year Less Confident

Will Prime Minister Ryutaro Hashimoto's proposed income-tax cut revive Japans economy? The countrys manufacturers must hope so. Japanese manufacturers have effectively lost confidence in their countrys economy, according to a report released earlier this month. A quarterly "confidence" index from Japans central bank, the Tankan, recorded a minus 11 in early December, compared with a plus 3 in September. The survey from which the index was calculated was taken just after the collapse of several Japanese banks and the failure of Yamaichi Securities, Japans fourth largest securities firm.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.