A recent survey by the Japan Chamber of Commerce and Industry (JCCI) found that the dramatic fall of the yen to its lowest level in decades is hampering more than half of Japan’s small and medium-sized businesses, which are being hit by rising prices for raw materials and energy.
According to the survey, 54.8% of the 2,008 small businesses surveyed last month said the weak Japanese currency was a major problem for their business operations, up from 47.8% in the previous survey conducted in November.
Only 2.3% in the latest survey said the weakening yen was a big help.
