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22 May, 2025
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Japan corporate earnings face first drop in 6 years on tariffs, stronger yen
@Source: nikkei.com
TOKYO -- Total net profits at listed Japanese companies are projected to fall 7% in the fiscal year ending March 2026, the first drop in six years, as trade and currency headwinds buffet manufacturers. U.S. tariffs and a strengthening yen are hitting key industries like automobiles, steel and shipping, though the overall profit level remains high.
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