15 Quotes by Taro Saito
- Author Taro Saito
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The possibility is high that an improvement in labor and wage conditions will continue to support consumer spending going forward.
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The profit forecasts are rather strong, because I had thought that they might present nearly flat growth in profit in the new fiscal year.
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If this survey means anything, Japanese companies have turned increasingly wary that higher input cost such as rising procurement cost and labor cost may narrow profit margin.
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Japan's overall consumer spending is pretty firm as a trend because wages are rising.
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We believe that the underlying trend of exports to Asia remains solid and exports will continue to be a key growth driver for the overall Japanese economy.
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Today's data unveiled the solid nature of domestic demand, which buoyed imports, as well as stable recovery in exports in line with the steady upturn in demand in China and the US.
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With exports to China, demand -- which had slowed late last year -- is now seeing a solid rebound, and with firm demand in the US continuing, Japanese exports are most likely to maintain brisk gains in the near term.
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- Author Taro Saito
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With exports now recovering and domestic demand rising steadily, production activity is likely to maintain its rising trend in the near-term.
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With export demand now recovering following the completion of IT inventory adjustments in 2005 and domestic demand expanding solidly, production is likely to continue its rising trend in the near-term, even if there are some monthly fluctuations.
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