Japan March Large Manufacturer Tankan Rises

The transcript discusses Japan's economic recovery, highlighting the modest growth indicated by the Tonkin survey and the potential for future upward revisions. It analyzes the yen's performance against other currencies and the conservative forecasts by Japanese companies. The sustainability of Japan's export boom, driven by China, is questioned, with concerns about its long-term viability. The role of the Bank of Japan's stimulus policy and its impact on inflation targets is also examined, with expectations that no significant policy changes will occur this year.

What are the expectations for the dollar-yen exchange rate according to Japanese companies?

What is the outlook for Japanese exports in the context of the current economic conditions?

How might the structural adjustments in China affect Japan's export acceleration?