TOKYO -- Furniture purveyor Nitori Holdings likely sustained a 2% decline in operating profit for the March-August half, weighed down by a weaker yen that lifted importing costs for the company.
Profit for the period appears to have reached around 48 billion yen ($432 million), less than the 48.5 billion yen, or a 1% decline, forecast by the company. The figure marks its first drop in two years for the period.
