Most Japanese companies hope Prime Minister Shinzo Abe's ruling bloc will b...
TOKYO - Most Japanese companies hope Prime Minister Shinzo Abe’s ruling bloc will be able to keep its large majority in upper house elections on Sunday, a Reuters poll showed, despite concerns over his welfare and labor policies.
Just 20% hoped Abe’s coalition will lose seats and 3% hoped it will lose its majority, according to the survey conducted July 1-12 for Reuters by Nikkei Research. Despite the overwhelming support suggested in the survey, it also showed companies were almost split on Abe’s performance so far in delivering economic growth and labor reform.
“Risks are high on his diplomacy that clings to Trump. He has tried many things but nothing has produced concrete results. That shows the reality of Abe’s diplomacy,” a machinery maker manager wrote in the survey.
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