Japan Firms See Economy Recovering to Pre-COVID-19 Level in FY2022: Poll

Japan Firms See Economy Recovering to Pre-COVID-19 Level in FY2022: Poll
A businessman stands on a terrace overlooking a banking district in Tokyo, Japan on Feb. 16, 2016. Thomas Peter/Reuters
Reuters
Updated:

TOKYO—A majority of Japanese firms say the world’s third-largest economy will recover to pre-pandemic levels in fiscal 2022, a Reuters poll showed, with many anticipating they will continue to face COVID-19 pains until next year or later.

The Corporate Survey results underscored a cautious view of Japan Inc on the economy, which stood in contrast with the government’s optimistic estimate that gross domestic product (GDP) will return to pre-COVID-19 levels later this year.