Nissan Motor Co 7201.T Chief Executive Carlos Ghosn said the Japanese governments efforts to rein in the rise of the yen had failed, forcing manufacturers to reduce investment in Japan and shift output elsewhere.
"If the Japanese government wants to really safeguard and develop employment, then something has to be done," Ghosn told Reuters in an interview in New York. "We have been talking about this as an industry for a while. Unfortunately, it keeps happening. It looks like whatever effort has been done so far has not delivered results."
"We have to have some vision of what is going to be the exchange rate landscape," he added.
Read the rest of the story: Japans yen policy puts output at risk: Ghosn.