Japanese business sentiment hasn't been this gloomy in years

Sentiment among Japan’s largest manufacturing firms fell to a three-year low during the March quarter, dragged lower by concerns surrounding profitability due to the strengthening Japanese yen. According to the closely watched Tankan survey released by the Bank of Japan, the index measuring sentiment levels for large manufacturers fell to +6 during the quarter. Not only did it miss expectations for a decline to +8, it was also the lowest level seen since the June quarter 2013. Business Insider...