Per RTRS, "most Japanese corporations were....>

JAPAN: Per RTRS, "most Japanese corporations were disappointed by the

government's $1 trillion stimulus plan to mitigate the economic fallout from the

coronavirus outbreak, saying it is insufficient, and many complained it was too

little, too late, a Reuters poll showed. Prime Minister Shinzo Abe last week

declared a state of emergency for Tokyo and six other prefectures, and rolled

out an economic stimulus package equal to 20% of economic output. The 108

trillion yen ($1 trillion) package includes cash payouts worth more than 6

trillion yen to households and small and midsize firms. The Reuters Corporate

Survey found 46% of firms felt the government's stimulus was somewhat not enough

and 29% deemed it quite insufficient, keeping Abe's government under pressure to

top-up last week's spending package. While 5% said it was too much, just 21%

said it was sufficient and appropriate."