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POLL-Japan firms cautious about any Toshiba delisting; not keen on Belt and Road
May 24, 2017 / 11:03 PM / 7 months ago

POLL-Japan firms cautious about any Toshiba delisting; not keen on Belt and Road

    TOKYO, May 25 (Reuters) - Most Japanese firms believe the Tokyo bourse should be cautious in its approach to any delisting of
embattled Toshiba Corp, a Reuters poll showed. The survey also found that the vast majority of Japanese firms say they
have no desire to participate in China's Belt and Road initiative.            
    Below are the questions and answers to the poll conducted May 9-19 for Reuters by Nikkei Research. Answers are denoted in
percentage points, while poll and reply totals are represented in actual figures.
        
1. What kind of military conflicts involving North Korea do you expect will happen? (Pick one)
 Sectors                 Military       Attacks on areas   Don't expect      Polled     Replied
                        conflicts      including Japanese     military                 
                     outside of Japan     territories        conflicts                 
 All                                6                   6              87         527         221
 Manufacturers                      8                   5              87         259         118
 Non-Manufacturers                  5                   8              87         268         103
 
2. Are you looking at any steps given that there might be incidents triggered by North Korea?
 Sectors                Yes          No        Polled     Replied
 All                         10          90         527         231
 Manufacturers               11          89         259         123
 Non-Manufacturers            9          91         268         108
 2a. If you answered yes to the above question, what measures are you considering? (More than one answer allowed)
   
 Sectors                Evacuate       Secure safety   Provision of   Evacuation   Drawing up     Others      Polls      Replies
                     employees and      of domestic        bomb         drills    of business                           
                     families from       employees     shelters, gas              continuation                          
                    Korean Peninsula                       masks                     plans                              
 All                              35               17              0           9            43          39         527          23
 Manufacturers                    43               21              0           7            36          43         259          14
 Non-Manufacturers                22               11              0          11            56          33         268           9
    
3. Which form of economic cooperation do you think will boost business opportunities the most for your company? (Pick one)
 Sectors                 Economic      Japan-US     TPP 11       China-led      Japan-EU     Others      Polled     Replied
                       cooperation       FTA       excluding   infrastructure     EPA                              
                       with Russia                    US         investment                                        
 All                              14          32           25               6           3          21         527         209
 Manufacturers                    14          34           25               8           3          17         259         118
 Non-Manufacturers                14          29           25               4           2          25         268          91
 4. Are you hoping to participate in China-led "Belt and Road" infrastructure investment initiatives?
 Sectors                Yes          No        Polled     Replied
 All                          5          95         527         220
 Manufacturers                8          92         259         117
 Non-Manufacturers            2          98         268         103
 4a. If you answered yes to the above question, do you have specific projects in mind? (Pick one)
 Sectors               Already     Considering to   Not considering    Polled     Replied
                    participating    participate          yet                    
 All                            0                0              100         527          10
 Manufacturers                  0                0              100         259           8
 Non-Manufacturers              0                0              100         268           2
 5. What do you think of delisting Toshiba's shares from the stock exchange? (Pick one)
 Sectors            Should be    Caution need   No need to    Polled     Replied
                     delisted       about         delist                
                                  potential                             
                                  delisting                             
 All                        37              58           5         527         223
 Manufacturers              38              59           3         259         120
 Non-Manufacturers          36              56           8         268         103
 6. The Japanese government may use the foreign exchange law to prevent firms linked to China from buying Toshiba's semiconductor
business. What's your view on this? (Pick one)
 Sectors               Impedes      Appropriate     Others      Polled     Replied
                        market     in preventing                          
                     transparency   technology                            
                                      outflow                             
 All                            9             87           4         527         224
 Manufacturers                 12             84           4         259         120
 Non-Manufacturers              6             89           5         268         104
    

    
 (Reporting by Tetsushi Kajimoto and Izumi Nakagawa; Editing by Edwina Gibbs)
  

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