TOKYO -- The aggregate net profit among Japanese corporations decreased for the third quarter in a row, Nikkei has found, indicating the lasting and far-reaching effects of the U.S.-China trade war on the business community.
The bottom line dropped 14% on the year for the April-June quarter among 1,243 listed companies that reported results by Thursday. Earnings at 56% of the businesses went south, the highest level in the post-economic crisis era.
