NEWS: Japan corporate earnings enjoy benefit of doubt as profits elsewhere portend glo
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With Japanese companies beginning to release results for the quarter of January to March, a reality check is likely to take place in a few weeks, indicating the extent to which the bottom line has been hit so far by closures and global travel bans.
According to data from the Japanese stock exchange, earnings per share (EPS) of Listed Companies in Japan's Topix index. Topx has fallen 8% since the beginning of this year. By contrast, 15% for US companies and 20% for European companies.