Business sentiment for the current quarter improved in the latest government survey, released Wednesday, although companies whose conditions had deteriorated still outnumbered those whose had improved.
The Finance Ministry said in its business outlook survey that the April-June business sentiment index for large companies, capitalized at 1 billion yen or more, improved to a seasonally adjusted minus 8.6 from a revised minus 21.5 for the previous quarter.
While the index has improved for two consecutive quarters, it has remained in negative territory for five straight quarters.
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