ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Business trends

Japan corporate profits up 10% on weak yen, AI demand

Toyota, Hitachi among winners in April-June as China slump drags on others

Companies listed on Tokyo's Prime market have seen three consecutive years of record high profits. (Photo by Konosuke Urata)

TOKYO -- Japan's listed companies are performing well, posting a year-on-year combined net profit increase of 10% in April to June on continued AI-related demand and the weak yen, according to data compiled by Nikkei. But corrections in the local currency and sluggish demand in China offer some cause for concern.

Nikkei's analysis was based on financial results from the 1,044 listed companies that had announced their earnings as of Friday -- equivalent to 96% of Tokyo Stock Exchange Prime market companies whose fiscal years end in March, excluding some subsidiaries whose parents are also listed.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more