BOJ raises economic assessment for Tohoku and Shikoku as tech demand remains strong

What happened: The Bank of Japan raised its economic assessment for the Tohoku and Shikoku regions in its quarterly report, leaving the other seven regions unchanged. Key numbers: Two of nine regional assessments were revised up. Production assessments were raised for seven of nine regions, excluding Hokkaido and Tokai. Why it matters: AI-related demand stayed strong for semiconductor equipment and electronic components, and an Osaka electrical equipment maker said robust demand is likely to continue for about three years. Coverage: 3 outlets in 24h

The Bank of Japan raised its economic assessment for the Tohoku and Shikoku regions in its quarterly report, leaving the other seven regions unchanged.

AI-related demand stayed strong for semiconductor equipment and electronic components, and an Osaka electrical equipment maker said robust demand is likely to continue for about three years.