boj minutes, 2020-04-27
Looking at the March 2020 (Short-Term Economic Survey of Enterprises in Japan) and survey results released by the Japan Chamber of Commerce and Industry, firms' financial positions, mainly of relatively small-sized firms, had worsened in the services industry -- such as accommodations as well as eating and drinking services -- and in the retail industry, primarily due to the sharp decline in sales reflecting the impact of the spread of COVID-19.
Sentiment: neutral
Topic: financial_stability