Japan’s Executives Struggle to Read Volatility in Stocks, Yen
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Japan’s biggest companies are struggling to provide clear guidance to investors as the extreme volatility in the country’s equities and foreign exchange markets cloud their outlooks for the coming months.
Suzuki Motor Corp. was the latest in a series of companies to highlight the heightened levels of uncertainty during earnings calls with investors this week. The automaker kept its full-year revenue outlook unchanged citing volatility in the stock market and the sudden appreciation of the yen against the US dollar.