TOKYO -- Corporate Japan is on track to erase 46% of the projected net earnings for the year ended March, a Nikkei estimate shows, with Nissan Motor warning Tuesday of a first net loss in 11 years.
Profit forecasts shrink by nearly half from most recent projections
A man wearing a mask walks by a Nissan dealership in Tokyo. © Reuters
TOKYO -- Corporate Japan is on track to erase 46% of the projected net earnings for the year ended March, a Nikkei estimate shows, with Nissan Motor warning Tuesday of a first net loss in 11 years.