Japan's overall consumer spending is pretty firm as a trend because wages are rising.
More Quotes from Taro Saito:
The profit forecasts are rather strong, because I had thought that they might present nearly flat growth in profit in the new fiscal year.Taro Saito
As sales and profits continue to expand despite surging basic material prices, Japanese firms are willing to boost investment to deal with growing demand.
Taro Saito
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.
Taro Saito
Amid the continued recovery of corporate activity, which reduces anxiety about job security, Japanese consumers seem to be increasingly willing to spend more, and that trend is most likely to be sustained going forward.
Taro Saito
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.
Taro Saito
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