HOME > NATION > Article

Text Size

small

medium

large


New Coronavirus to Erode Japan's Income by 624 B. Yen: Think Tank

New Coronavirus to Erode Japan's Income by 624 B. Yen: Think Tank

   Osaka, Feb. 12 (Jiji Press)--The ongoing new coronavirus outbreak is likely to lead to a drop of 624.4 billion yen in spending by visitors to Japan, a private think tank said Wednesday.
   Retailers, such as department stores and drugstores, and hotels would be hit particularly hard by a plunge in the number of foreign visitors, including from not only China but other countries, the Resona Research Institute said.
   The think tank of the Resona Holdings Inc. <8308> group estimated the loss to the Japanese economy under the assumption that the novel coronavirus will continue to spread until around April as a virus causing SARS, or severe acute respiratory syndrome, did in 2002-2003.
   The number of visitors is expected to keep declining until May, resulting in a fall of 238.9 billion yen in spending on goods and 171.9 billion yen for lodging, it said.
   Tokyo and six other Kanto prefectures in eastern Japan would suffer a loss of 218.1 billion yen and Osaka and five other Kansai prefectures in the west 190.5 billion yen, it added.

To read a full story, please click here to find out how to subscribe.

NATION

Aomori Tourism Information

HEADLINES

POLITICS
Japan, S. Korea to Hold Policy Dialogue on Trade Control in Seoul March 10
ECONOMY
China Expected to Skip G-20 Meeting of Financial Officials in Riyadh from Sat.
SPORTS
Table Tennis: Japan to Take In Chinese Players Stranded by Coronavirus
OTHER
Japan to Propose Int'l Rules on Response to Disease Outbreaks on Cruise Ships

Aomori Tourism Information

GOSHOGAWARA
Introduction of Tachineputa, Town of Kanagi and West Tsugaru Peninsula
・ GOSHOGAWARA 1
・ GOSHOGAWARA 2
・ GOSHOGAWARA 3
JOMON
An early culture with pottery
・ JOMON 1
・ JOMON 2
・ JOMON 3
・ JOMON 4

AFP-JIJI PRESS NEWS JOURNAL


Photos