Rising Interest Rates Stir Caution and Hope for Yen Stabilization in Japan's Business Community

Macro
โดย ロイター·JP·Read original
Summary · why it matters

With long-term interest rates climbing above 3 percent, Japan's business community is experiencing a mix of caution and expectations for a halt in the yen's decline.小林健, chairman of the Japan Chamber of Commerce and Industry, acknowledged that higher rates are tough for companies but stressed the importance of productivity improvements. Referring to the currency risk faced by small and medium-sized enterprises due to rising raw material costs, he said, "I hope the exchange rate will recover somewhat with this." Mitsubishi Motors President Kishiura pointed out the impact on auto loans and said the company is working to mitigate the effects of higher rates, while indicating that its growth investment plan of approximately 1 trillion yen over the four years through fiscal 2029 will remain largely unchanged. Infronia Holdings President Issei Kibe stated that the shift to a "world with interest rates" will test management capabilities, and he views it as an opportunity for differentiation. Kirin Holdings said it is monitoring the impact on funding costs but sees no significant effect at this time, while Unicharm indicated a policy of curbing funding costs in preparation for large-scale M&A.

Impact on stocks 5

Electrification & Mobility · 1 stocks
Mitsubishi Motors Corporation
7211
▼ NegativeMonetaryrelevance

Mitsubishi Motors' president points to the impact of higher rates on auto loans and says the company is working to mitigate the effects.

Biotech & Genomic Medicine · 1 stocks
Kirin Holdings Co. Ltd.
2503
± MixedMonetaryrelevance

Kirin says it is monitoring the impact of higher interest rates on funding costs but sees no significant effect at this time.

Energy Transition & Power Demand · 1 stocks
INFRONEER Holdings Inc.
5076
± MixedMonetaryrelevance

Infronia's president says the shift to a 'world with interest rates' will test management capabilities and sees it as an opportunity for differentiation.

Aging Population · 1 stocks
Unicharm Corporation
8113
± MixedMonetaryrelevance

Unicharm says it will curb funding costs in preparation for large-scale M&A amid the shift to a world with interest rates.

Others · 1 stocks