TOKYO: Super Mario creator Nintendo Co Ltd forecast a return to the black after two years of losses and camera maker Canon Inc raised its profit forecast by nearly 10% as a weaker yen, spurred by aggressive deflationfighting policies, bolstered the outlook of Japan's tech companies.
The two companies, however, show no sign of reciprocating the government's helping hand with fresh jobcreating investment. Canon, still worried about a struggling global economy, pared its capital expenditure.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!