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Japan's business sentiment falls to record low
21 March, 2009

TOKYO (MarketWatch) -- Large corporations in Japan saw business conditions worsen to a record low during the January-to-March period, according to a survey released by the Japanese government Monday.

The business sentiment index for corporations with capital of 1 billion yen or more was at negative 51.3 in the first quarter of this year, below the negative 35.7 seen in October-to-December 2008, according to the survey, which is conducted jointly by the Ministry of Finance and Cabinet Office.

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