TOKYO -- Under pressure to give up on money-losing operations, companies in Japan are shutting down or selling off a record number of business units.
Listed companies here withdrew from or scaled back 68 business segments in the first four months of the year, according to Goldman Sachs Japan. The figure reached nearly half of the 140 logged for 2017, meaning that the total for all of 2018 may exceed the record set in 1999.
