Japan's Mitsubishi Materials has turned down its earnings forecast, citing a worsening business environment, while Nippon Mining and Metal has raised its revenue forecast. Mitsubishi Materials expects to post a ¥60 billion ($665 million) net loss versus its earlier estimate of ¥50 billion while sales revenues are now projected at ¥1.05 trillion, down slightly from an earlier...
This is a preview of the article. The full article is available only to our subscribers and trial users.