Japan’s Capital Spending Grew at a Slower Pace Last Quarter

Japan’s Capital Spending Grew at a Slower Pace Last Quarter

Tomohiro Ohsumi/Bloomberg

Sony Corp., Japan’s largest exporter of consumer electronics, is struggling to improve its earnings and forecasts net income of 80 billion yen ($985 million) in the year ending March 31, lower than the 115.9 billion yen average of 12 analyst estimates compiled by Bloomberg.