Advertisement

JAPAN

Share
From Times Staff and Wire Reports

Revenue, Profit Figures Fall for Quarter: Corporate sales and profits declined in both the manufacturing and non-manufacturing sectors in the April to June quarter, the Ministry of Finance reported. The figures show that combined sales in the two sectors declined 0.3% from the previous year, operating profits dropped 21.8%, current profits fell 28.3% and capital investment fell 3.4%. It was the first time since 1955 that all four categories showed negative results. The figures are a component of gross domestic product figures for the quarter ended June 30, 1992.

Advertisement