boj minutes, 2005-04-06
Regarding developments in the corporate sector, as indicated in the March (Short-Term Economic Survey of Enterprises in Japan), although business sentiment seemed somewhat cautious, estimated profits for fiscal 2004 recorded a sharp double-digit increase from the previous fiscal year in firms of all sizes in all industries, whether large or small and in manufacturing or nonmanufacturing, and those for fiscal 2005 were expected to show a continuation of the uptrend.
Sentiment: neutral
Topic: mp_economic_activity