U.S-CHINA’S EXTENDED TRADE DISPUTE AFFECTS JAPAN’S NET PROFIT

Highlights:

• Companies predict fiscal 2019’s 9.6 per cent reduction of net profit
• U.S-China trade war and Coronavirus are the factors behind this fall

Japan’s major organizations have reported an estimated 9.6 per reduction loss in net profit margin. This has been stated for the fiscal 2019 and excludes utility and financial industry.

This loss has been blamed....