TOKYO -- Projected profit growth at Japanese companies is slowing, with net earnings forecast to grow 2% for the fiscal year ending March 31, down from 5% forecast in December.
Companies
Japan Inc. sees profit growth slowing as manufacturers struggle
Forecasts dialed back to 2% uptick for fiscal 2022 on material costs, interest rates
Against the backdrop of a global economic slowdown, the continued high price of raw materials is squeezing profitability. (Photo by Karina Nooka)
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