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.
Coronavirus
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.
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