print PRINT

ECONOMY

Opinion poll & results from Asahi Shimbun survey of 100 leading companies

Main questions & answers

(Figures are numbers of companies.)

 

Q: What is your assessment of the Japanese economy overall today? 

 

1) It is expanding

2

2) It is expanding moderately

60

3) It is leveling off

34

4) It is in a moderate recession

3

5) It is in a recession

0

6) Other answers (O/A)

1

 

Q: When do you think the domestic economy bottomed out or will bottom out after the battering it received from COVID-19? 

 

1) Spring of 2020

51

2) Summer of 2020

20

3) Autumn of 2020

1

4) Winter of 2020–2021

2

5) Spring of 2021

4

6) Summer of 2021 

7

7) Autumn of 2021

5

8) Winter of 2021–2022

0

9) Spring of 2022 or later

1

10) O/A

9

 

Q: When do you think the domestic economy returned or will return to January 2020 levels (when COVID-19 had not yet hit in earnest)? 

 

1) In 2020

0

2) First half of 2021

2

3) Second half of 2021

3

4) First half of 2022

41

5) Second half of 2022

22

6) First half of 2023

10

7) Second half of 2023

7

8) 2024 or later

0

9) The domestic economy will not return to pre-COVID levels

2

10) O/A

13

 

Q: How do you think personal consumption will trend over the next three months? 

 

1) It will recover rapidly

7

2) It will recover moderately

68

3) It will fluctuate

20

4) It will decline moderately

0

5) It will decline rapidly

0

6) O/A

5

 

Q: What is your assessment of the global economy today?

 

1) It is expanding

4

2) It is expanding moderately

80

3) It is leveling off

12

4) It is slowing down moderately

2

5) It is slowing down

0

6) O/A

2

 

Q: What are causes for concern for the global economy going forward? (Select up to two responses from the list below.)

 

1) Stagnation in the U.S. economy

7

2) Slowdown in the Chinese economy

25

3) Economic stagnation in emerging economies

3

4) Stagnation in the European economy

1

5) Intensification of friction between the U.S. and China

11

6) Global conflicts and terrorism

1

7) Crude oil and raw materials prices

52

8) Prolongation of the impact of COVID-19

71

9) O/A

17

 

Q: What COVID-19 countermeasures do you think the Kishida administration should prioritize? (Select up to two responses.)

 

1) Ensuring a stable supply of vaccines and other medicines and supporting development [of COVID therapies]

77

2) Expanding medical care and testing frameworks

67

3) Taking measures to limit people’s movement, including requesting businesses to shorten their hours or suspend operations at times of COVID resurgence as well as cancelling large-scale events or limiting entry

0

4) Support for household finances, including cash handouts to citizens

0

5) Support for companies experiencing cash flow difficulties

1

6) Measures to stimulate consumption, including restarting the “Go To” campaigns

11

7) Support for job retention

0

8) Measures with sights set on the post-pandemic world

20

9) O/A

12

 

Q: What economic security measures are you taking to prevent the outflow of personal data and to strengthen supply chain restrictions? (multiple responses permitted)

 

1) Setting up a section specialized in economic security

9

2) Reviewing production facilities located in China (including relocating them to Japan)

3

3) Strengthening information management at the company, including restricting access to confidential information

58

4) Our company is not taking any measures

6

5) O/A

40

 

Q: The Corporate Governance Code has been revised with the market restructuring at the Tokyo Stock Exchange. What measures have you already implemented or do you plan to implement? (multiple responses permitted)

 

1) Disclose climate-related risks and countermeasures

92

2) Increase in the number of independent directors to at least one-third of the board

92

3) Disclose a matrix of board members’ skills

88

4) Set targets for promoting women and non-Japanese to management positions

77

5) Promote the use of electronic voting platforms and disclosure in English

83

6) O/A

12

 

Polling methodology: The survey was conducted of 100 major Japanese companies nationwide from Nov. 15–26, 2021. Questions and answers have been abbreviated in some cases.

  • Ambassador
  • Ukraine
  • OPINION POLLS
  • COVID-19
  • Trending Japan