• Kyodo

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Half of the member manufacturers that responded to a recent survey said the yen’s rapid weakening has had a negative impact on their businesses, according to a major business lobby in the Kansai area.

The Osaka-based Kansai Economic Federation survey of member companies in May showed 48.9% of manufacturers see the Japanese unit’s slip against the U.S. dollar as negatively affecting them, while 42.6% of nonmanufacturers do so.

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