::Business Index Down in Japan>>

Go Finance Reporting TOKYO - After the tsunamis and the nuclear leakage, the Japanese confidence to do business experience the fall. Consumers reduce spending, as a result production was disrupted.

Japanese Central Bank released the index of business sentiment in Japan (Tankan) explained if large producers refused to produce in Japan. Figures for the index dropped to six after the tsunami, whereas before more than seven. Sentiment index for big manufacturers of the next three months fell to minus two from six. While the sentiment index of small and medium-sized manufacturers, fell to minus 18 from minus six previous.

As quoted from the Associated Press on Monday (04/04/2011), Tankan a portrait of the percentage of firms who say business conditions are good to say the less good condition, with 100 representing the best mood and 100 minus the worst.

The survey results illustrate a little more concern slowing growth in Japan's manufacturing industry. "The tsunami has eliminated some companies lose their factories, others were forced to close large-scale production due to disturbed not get supplies," said economist at Mitsubishi Research Institute Inc., Yoko Takeda.

Tankan also found that negative sentiment occurred among non-manufacturers, including department stores. Sentiment index of non-producers in the next three months dipped to minus four of the previous seven. Sales at department stores was down in March.

Japan Research Institute economist Junko Ikkatai said that the perpetrators of retail pessimistic about the future of an independent business. "Consumers only buy goods that are needed, no more mood to buy another," he said.

9.0 earthquake and tsunami destroyed much of northeastern Japan, killing more than 25,000 people. Forced Toyota Motor Corp. and Sony Corp., to suspend production due to shortage of components. In addition. Tokyo Electric Power Co., manager of nuclear power in Fukushima also cutting power supplies. Electricity crisis is forcing many factories to suspend output.

The Japanese government also called by the earthquake and tsunami that struck the Northeast could reach USD309 billion. This is the most expensive disaster in history. (GoFinance)