FILE PHOTO: An employee wearing a protective face mask and face guard works on the automobile assembly line as the maker ramps up car production with new security and health measures as a step to resume full operations, during the outbreak of the coronavirus disease , at Kawasaki factory of Mitsubishi Fuso Truck and Bus Corp., owned by Germany-based Daimler AG, in Kawasaki, south of Tokyo, Japan May 18, 2020.
“Japan could see more companies cut spending and jobs toward the year-end, which means it will take quite a long time for the economy to return to pre-pandemic levels,” he said. Manufacturers expect to reduce capital expenditure by 4.5% compared with a year earlier, while non-manufacturers plan a 8.1% reduction, the survey showed, suggesting that slumping profits were denting spending appetite across industries.
Stop paying dividends for a couple of years put that money back into infrastructure .