No longer an island of steady growth.

The article reports on the decline in the sales and profits in most industries in Japan in 1982. It outlines the factors contributing to the decline including the slumping demand in export markets, the high interest rates, and slower growth at home. However, many of the countries leading companies have bucked the profit downtrend and posted earnings gains including Fujitsu Ltd., Nissan Group, and Fuji Photo Film Co. Ltd.