TOKYO/SEOUL -- Export deals by Japanese shipbuilders slumped sharply last month despite a rarely seen spike in global orders, resulting in a wider gap with South Korea.
Business trends
Japan falls further behind South Korea amid shipbuilding boom
Export orders drop 32% in April due to lack of production capacity
Japan Marine United operates this shipyard in Yokohama, Japan. The company reaped record profit last fiscal year. (Photo obtained by Nikkei)
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