Corporate Forecasted Exchange Rate Averages 147.87 JPY/USD, Most Companies Expect Late 150s; Gap with Actual Rate Narrows Slightly but Still Wide Amid Ongoing Yen Weakness
NQ Score
77/100
N1 Content Completeness
9
AI Summary (NQ-processed)
According to Teikoku Databank's 2026 survey, the average forecasted exchange rate among Japanese companies is 147.87 JPY/USD, an 8.23-yen depreciation from last year. The largest group of companies expects rates between 156–160 JPY/USD. Despite a slight narrowing, a significant gap remains between forecasted and actual rates, which continue to exceed 160 JPY/USD, posing risks to corporate profitability.
AI Analysis
Frequently Asked Questions
- Q: What is the average corporate forecasted exchange rate?
- A: The average forecasted rate for 2026 is 147.87 JPY per USD.
- Q: How large is the gap between actual and forecasted rates?
- A: Since April 2026, actual rates have been around 160 JPY, over 10 yen above forecasted levels.
- Q: Which industry expects the weakest yen?
- A: The 'Agriculture, Forestry & Fisheries' sector expects 156.60 JPY, the weakest level.
- Q: Is there a difference between large and SME forecasted rates?
- A: Yes. Large firms expect 151.53 JPY, SMEs 147.84 JPY—larger firms assume weaker yen.
- Q: What is the purpose of this survey?
- A: To assess FX risk impact on corporate performance, profitability, and cash flow planning.