Japan's executives call for FX stability as weak yen intensify import-cost pressure

TOKYO, Aug 10 : Japanese executives are increasingly warning that currency swings and a persistently weak yen pose risks to the economy, highlighting concerns that triggered last week's joint Japan-U.S. intervention to support the currency.Their comments underscore growing unease over the strain a weak yen places on Japan's import-dependent economy, even among exporters that have enjoyed a boost from a cheaper yen in global markets.In July the yen hit a 40-year low at nearly 164 to the dollar, prompting a joint Japan-U.S. currency intervention that lifted the yen by around 5 per cent."Problems affecting the entire Japanese economy affect us too," chief financial officer of Mitsubishi Electric Kenichiro Fujimoto told Reuters in an interview last week. "A weak yen does not necessarily mean a