TOKYO (Dow Jones)--Large Japanese companies are more pessimistic about the economic conditions during the October-December quarter than they were during the previous period, a survey by the Ministry of Finance showed Thursday. The quarterly business outlook survey's large company business sentiment index, which measures the percentage of firms saying the economy will improve minus those saying it will worsen, was minus 1.9 in the fourth quarter, down from 0.3 in the July-September period.
Thursday's data also showed that large firms expect economic conditions to deteriorate. The index was at minus 3.5 for the January-March period, followed by an improvement to 0.1 for the April-June quarter.
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