Japan Is life returning to normal in Japan?

UBS Evidence Lab asked 1,000 people in Japan their views on whether life was getting back to normal. The survey was fielded on April 16-22.

28 May 2020
  • More than half see a long-term or uncertain recovery horizon. Only 12% expect things to get back to normal before July.
  • A substantial majority did not expect their financial situation to improve in the next 12 months, with a net 54% expecting it to get worse.
  • A net >30% of people surveyed expected to visit physical retail locations less often in the next month.
  • A net 41% expected to go to restaurants less often in the next month, while a net 25% anticipated shopping online more often.

When Will Life Get Back to Normal?

Source: UBS Evidence Lab

Expected Financial Situation in Next 12 Months: Net Difference (Better minus Worse)

Source: UBS Evidence Lab

Expected Visit Frequency in Next Month: Net Difference (More Often minus Less Often)

Source: UBS Evidence Lab