Japan's industrial output fell 2.3 percent in May, government data showed on Thursday, in a sign companies could be worried that export demand is weakening.
The fall was more than a median estimate for a 0.1 percent decrease in a Reuters poll of economists.
Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect output to rise 1.7 percent in June and increase 1.3 percent in July, data showed.