Trouble Looms for Japan Earnings After Worst Decline Since Quake

  • After terrible quarter, outlook for annual profit gain dimming
  • Stronger yen hammers manufacturers, while rates stymie banks

Japanese Firms to Revised Full-Year Forecasts

After first-quarter earnings in Japan wrapped up this month with the steepest plunge since 2011, the prospect for an increase in annual profits is about to get even dimmer.

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