Source: Bloomberg

Author: Supriya Singh, Eddy Duan

Due to extreme fluctuations in the Japanese stock market and foreign exchange market, it has made it difficult for large Japanese enterprises to provide clear guidance to investors in the next few months.

Suzuki Automobile and other companies emphasized high uncertainty to investors at this week's financial report conference call.The car manufacturer has maintained the annual revenue outlook, and mentioned the sharp fluctuations in the stock market, and the yen suddenly appreciated against the US dollar.

"Because there is still uncertainty in the market, we have maintained the whole year's outlook," said Ryo Kawamura, executive executive, said that the company had previously maintained revenue expectations at 5.7 trillion yen (38.6 billion US dollars).Although the strong car sales in the first quarter increased the revenue by more than 20%.

"The yen is weak is good for us, but the strong strengthening of the current yen will have the opposite impact," he added at a press conference on Tuesday.

At the same conference call, the executive vice president Kenichi Ayukawa also expressed his "shock" of his recent market trend.

Other Japanese company executives also said that it is difficult to respond to market chaos.Hisato Kozawa, chief financial officer of Mitsubishi Heavy Industry, said on Tuesday that he has hope for market stability, but it is expected to take some time.

The quarterly profit of this manufacturing group increased by 61%, thanks to the strong sales performance of the gas turbine engine.

Tsuyoshi Hachimura, chief financial officer of Ito's business affairs, said that investors have overestimated the degree of decline in the US economy and now make any specific investment decisions. It is too early.

As for the yen, he said that the yen is correcting the level of the US dollar, saying that it may have a negative impact on consumers.

Takeshi Minakata, chief operating officer of Kirin Holdings, also said at a press conference on Tuesday that the current market's incompleteness is disconnected from the actual economy.

Takaya Soga, president of the Japanese Post Shipbuilding Club, published a more positive outlook. The fundamentals of Japan have not changed on Monday, and market participants are just adjusting their positions.

He said that as the Japanese economy strengthens, the Japanese stock market will rebound at some point.