Reuters report on some key findings from their 'corporate survey':

  • Japan firms don't expect an economic recovery soon
  • 44% of manufacturers undershooting targets on China slowdown
  • Most firms sticking to capital spending plans
  • Most firms say wage hikes in 2016 will match last year's
  • 59% pct of firms want extra government budget to stimulate economy

Those surveyed cited China slowdown keeping export demand weak and local weak consumer spending

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The survey was conducted October 26 to November 6 for Reuters by Nikkei Research

  • Polled 514 big and medium-sized firms
  • Around 250 answered questions on Japan's and China's economic outlook
  • Managers respond on condition of anonymity

Reuters released their monthly Tankan released yesterday:

  • Reuters Tankan: Japan manufacturers index 3 in November (prior 7)
  • More on the Reuters Tankan - fears Japan is in a recession