Tuesday, August 2, 2016

Subaru-maker Fuji cuts annual profit forecast after weak Q1, shares slide

TOKYO, Aug 3 (Reuters) - Fuji Heavy Industries,

maker of Subaru vehicles, cut on Wednesday its annual operating

profit forecast as quarterly profit fell 24.3 percent due to

costs to recall potentially faulty air bags made by Takata Corp

and a stronger yen.

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