Japan emergency will intensify losses in struggling sectors


Source: nikkei.com nikkei.com

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Watami, a Japanese pub operator, closed 83 locations and moved closing times up to 8 p.m. at remaining stores. TOKIO MURAKAMI, Nikkei staff writerJanuary 18, 2021 05:02 JST | JapanCopyCopiedTOKYO -- The state of emergency declared throughout much of Japan is expected to widen losses by 40% from pre-emergency levels in three of the hardest-hit industries, weighing on companies that still have yet to recover from the previous decree last spring, a Nikkei analysis shows.Nikkei looked at 104 publicly listed enterprises in the restaurant, rail and air transportation industries, which suffered especially steep earnings declines during the first state of emergency. Each...