A man walks by monitors showing the Japanese yen’s exchange rate against the US dollar (left) and Japan’s Nikkei 225 index at a securities firm in Tokyo on Monday. Photo: AP
A man walks by monitors showing the Japanese yen’s exchange rate against the US dollar (left) and Japan’s Nikkei 225 index at a securities firm in Tokyo on Monday. Photo: AP
Japan

Weak yen builds pressure on firms to bring manufacturing back to Japan

  • Tokyo to offer economic package to boost domestic manufacturing as firms reassess overseas operations due to global health crisis, Sino-US tensions
  • Japanese firms may be looking reduce overseas costs, increase production at home but China still a ‘critically important growth market’, analyst notes

A man walks by monitors showing the Japanese yen’s exchange rate against the US dollar (left) and Japan’s Nikkei 225 index at a securities firm in Tokyo on Monday. Photo: AP
A man walks by monitors showing the Japanese yen’s exchange rate against the US dollar (left) and Japan’s Nikkei 225 index at a securities firm in Tokyo on Monday. Photo: AP
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