Japan firms oppose tighter foreign worker curbs as labour woes fuel record bankruptcies ...Middle East

Reuters polled Japanese firms, highlighting that

Close to half of Japan firms endorse BOJ chief's performance 77% of Japan firms oppose tightening rules on foreign workers Half of Japan firms see Oct-March earnings match initial outlook

A majority of Japanese firms oppose tougher restrictions on foreign workers, with more than three-quarters of survey respondents saying tighter rules should not be introduced. “With the Japanese population shrinking, we have no options but to accept foreigners for the development of the country,” an official at a transportation company told researchers.

On earnings prospects for the second half of the fiscal year beginning in October, 47% of companies expect to meet initial forecasts, while 32% see risks of undershooting.

Key concerns cited include

raw material price volatility, exchange-rate swings, interest rate moves, and the impact of new U.S. tariffs. This article was written by Eamonn Sheridan at investinglive.com.

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