TOKYO -- Total pretax profits earned by Japanese companies will likely continue to grow to a record level in the coming fiscal year but at a slower pace as a stronger yen squeezes exporter earnings.
The four large Japanese brokerages project aggregate profit growth in a range between 8.6% and 9.6% for the country's major businesses during fiscal 2018, which begins in April. In fiscal 2017 the growth figure is seen coming in at double digits.
