Author: Hitanshi
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Japan: Tokyo Steel forecasts 90% decline in net profit in FY27
FY27 net profit forecast revised to JPY 1 bn ($6.15 mn) July-Sep operating loss expected to narrow sequentially Tokyo Steel revised its standalone earnings forecast for the fiscal year ending March 2027 on the 17th, projecting net profit of JPY 1 billion ($6.15 million), down 91.3% from the previous fiscal year, compared with its earlier…