Reuters reporting on their latest poll of Japanese firms,

  • 62% say they think the BOJ's negative rates was a bad decision
  • Three-quarters want to see more economic stimulus
  • Divided on whether planned national sales tax hike should go ahead as planned

More:

  • Say negative interest rates policy will hit business and consumer sentiment
  • "Companies appear to be far more pessimistic than I had thought," said Hidenobu Tokuda, senior economist at Mizuho Research Institute, who reviewed the survey results. "The BOJ may want to surprise when taking action, but communicating in that way will not win support from companies. If the BOJ focuses on surprise too much, it will lean towards escalating action, which would do more harm than good to the real economy."

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Reuters Corporate Survey, conducted March 3-17

Polled 513 big and mid-size firms, with managers responding on condition of anonymity