Takeshi Hamada and Yasutoshi Nishimura

: We have to wait to see how big companies will react, according to The Japan Times. I think our actions will have some effect. We are calling for their cooperation and spreading the word across the country, Takeshi Hamada, a spokesman at Keidanren, said Thursday in Tokyo. Hamada comments come after deputy economy minister Yasutoshi Nishimura reinforced the government determination to help suppliers that have been hurt by higher costs of imported raw materials. The effort reflects angst in some quarters of the Japanese economy about a policy of reflation and monetary expansion that has sent the yen to its weakest against the dollar in eight years. While the weak yen has been good for the Japanese economy overall, there has also been a negative side to that, Nishimura, 52, said in an interview Tuesday at Bloomberg headquarters in New York. (news.financializer.com). As reported in the news.

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