Japanese exporters are voicing their anxieties regarding the persistent weakness of the yen. A sustained period of depreciation could erode profit margins and potentially destabilize long-term financial planning.
Several major exporting firms have indicated that while a weaker yen can initially boost overseas sales, the benefits are often offset by increased import costs for raw materials and components. This situation creates a challenging environment for maintaining competitiveness in the global market.
Furthermore, some economists are warning that a significantly undervalued yen could trigger protectionist measures from other nations, potentially harming international trade relations. The long-term consequences of the yen’s depreciation remain a significant concern for the Japanese business community.