Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Companies Strong yen and weak consumption dim outlook for Japan's companies Analysts more inclined to downgrade earnings A strong yen has weakened earnings prospects for the auto industry.
TAICHIRO SUNAGA, Nikkei staff writer April 4, 2018 07:15 JST | Japan
TOKYO -- Analysts have darkened their outlook for corporate Japan's fiscal 2018 earnings as the strong yen hurts export-driven businesses and households tighten their purse strings.
Export-oriented companies led the Nikkei Stock Average lower on Tuesday, with robotics maker Fanuc's shares tumbling 3% and Toyota Motor sliding 1%.
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