ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

From trains to baths, Japan's companies slash earnings outlook

More than 50 downgrade forecasts, with nearly 200 expected to follow

The Keio Inokashira Line in Tokyo: The transport and retail conglomerate is one of the Japanese companies that has already downgraded its earnings forecast due to the coronavirus outbreak.

TOKYO -- The novel coronavirus outbreak has forced as much as 56 Japanese companies to disclose that they will downgrade earnings forecasts or expect a significant slow down of sales, according to credit research specialist Tokyo Shoko Research.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more