• Kyodo

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None of Japan’s major companies see the yen’s recent rapid fall as positive for the domestic economy, even as the currency’s weakening typically benefits its export-oriented economic structure, a survey showed Monday.

In a Kyodo News survey covering 125 companies, of which 109 such as Toyota Motor Corp. and Softbank Group Corp. gave valid answers, 31% said the yen’s recent slide was negative and 36% said it was neither positive nor negative.

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