Tough all over

March 1992
U.S. News & World Report;3/2/92, Vol. 112 Issue 8, p15
Reports that Sony Corp. announced that it anticipates an unprecedented $157 million loss this fiscal year, sending Tokyo stock exchange prices plunging to their lowest level since October 1990. Also, Honda Motor reported an alarming 36 percent drop in net profits for the past quarter; Earnings dips and labor troubles at Yamaha Corp. prompted the resignation last week of its president, Hiroshi Kawakami.


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