The profit forecasts are rather strong, because I had thought that they might present nearly flat growth in profit in the new fiscal year.
More Quotes from Taro Saito:
The possibility is high that an improvement in labor and wage conditions will continue to support consumer spending going forward.Taro Saito
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.
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
Japan's overall consumer spending is pretty firm as a trend because wages are rising.
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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