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Profit growth to slow sharply at major firms in FY 2001.

Publication: Japan Weekly Monitor
Publication Date: 18-JUN-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, June 14 Kyodo

(EDS: CLARIFYING DAIWA RESEARCH AT LEAD AND 4TH PARAS)

The combined pretax profit of leading Japanese companies is forecast to grow 0.5% in fiscal 2001, down sharply from an increase of 35.1% in fiscal 2000, the Daiwa Institute of Research said Thursday.

The growth of...

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