TOKYO -- Major Japanese companies see exchange rate shifts denting operating profit by 266.7 billion yen ($1.7 billion) in fiscal 2024, a sharp downturn from the boost provided by the yen's weakness last fiscal year.
Business trends
Japan blue chips warn of possible $1.7bn hit to profit from yen swings
Honda, Denso expect negative forex impacts, while Toyota, Olympus see net benefits
The yen's recent volatility has prompted many companies to steer clear of assumptions that it will remain weak. © Reuters
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