Japanese Firms in Russia Stay Gloomy: Sentiment Up but Still Negative, Little Hope for Early RecoveryA · FULL TRANSLATION

# Japanese firms Russia# JETRO survey# geopolitical risk
Key Points
- JETRO survey shows sentiment index improved yet remains negative
- Firms see little chance of early improvement
Analysis
JETRO's survey of Japanese companies in Russia shows sentiment improved but still negative, with little expectation of early recovery. The exit-cost-versus-residual-risk dilemma keeps firms in low-altitude holding patterns.