JAPAN’S CORPORATE PROFITS GAIN 26.0% IN JAN-MARCH PERIOD

Highlights –

• Japan’s corporate profits gain 26.0% in Jan-March period.
• Strong recovery by the manufacturing sector led to the gains.
• The manufacturing sector posted a 63.2 percent expansion in pretax profits.
• Corporate sales in Japan sank 3.0 percent to 334.25 trillion yen.

Japan’s Finance Ministry on Tuesday reported that the country’....