A Yen for Stability: Japan's Corporate Leaders Sound Alarm on Currency Woes The recent surge in the Japanese yen has brought a rare consensus among corporate leaders: they want it stronger.
Kawasaki Heavy Industries' chairman Yoshinori Kanehana warned that a stronger yen could prompt the company to move manufacturing back home, citing uncertainty caused by an unpredictable currency market.
Kanehana's comment highlights the crucial role of a stable exchange rate for companies like Kawasaki and energy major Inpex, which have significant operations abroad.