Japan's Economy Will Only Get Into Full Swing Next Year, Fujitsu's Schulz Says

The transcript discusses Japan's economic challenges amid the COVID-19 pandemic, focusing on vaccination efforts, the potential impact of the Tokyo Olympics, and the resilience of consumption. Despite current economic downturns, optimism is expected to rise with increased vaccinations. Japan's export-driven economy shows signs of recovery, particularly in the automotive sector. Government subsidies are helping buffer the economy, but the potential cancellation of the Olympics poses a challenge. Inflation remains low, with no significant increase expected soon.

What is one of the main reasons for the current economic challenges in Japan?

• Strong domestic demand

• Slow vaccination rollout

• High inflation rates

• Increased foreign investment

How is Japan's economy primarily sustained during the pandemic?

• By reducing government spending

• Through increased tourism

• By boosting domestic consumption

• Via strong export performance

What is the nature of Japan's state of emergencies during the pandemic?

• Strict and widespread

• Mild and focused on consumption

• Severe and affecting production

• Non-existent

What has been a significant factor in supporting the Japanese economy during the pandemic?

• Government subsidies

• Increased foreign aid

• Rising inflation

• Decreased exports

What is the expected economic impact if the Tokyo Olympics are canceled?

• A significant boost to GDP

• Increased foreign investment

• Limited direct economic impact

• A major economic downturn

What has been the trend in inflationary pressures in Japan during the pandemic?

• Steady decline

• Fluctuating wildly

• No significant change

• Rapid increase

What is one reason why inflation is not expected to rise significantly in Japan?

• Increased government borrowing

• High consumer spending

• Strong investment from companies

• Savings accumulation by people