A summary of the results of the Bank of Japan Tankan for Q4 2020 is here:
Reuters have a recap post up which notes:
- business sentiment improved for the second straight quarter
- But companies slashed their capital expenditure plans, big firms plan to cut their capital expenditure by 1.2% in the current business year to March 2021, a sign slumping profits and uncertainties over the outlook were discouraging firms to ramp up spending.
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The final BOJ policy meeting for 2020 is later this week, statement due on Friday 18 December.