Business · Companies · 18 hrs ago

Nearly half of Japan’s listed manufacturers raise profit forecasts

Nearly half of Japan’s listed manufacturers raise profit forecasts

Nearly half of Japan’s listed manufacturers raised profit forecasts for the fiscal year ending in March 2027.

The outlook covers companies including Toyota and Komatsu, which have benefited from currency trends and growth in the United States.

A weak yen can support earnings from overseas business when those revenues are converted into yen.

Companies have also lifted prices, helping to boost profits.

U.S. data center construction has helped heavy machinery makers in Japan.

The stronger outlook points to earnings growth among Japanese manufacturers, though the figures are forecasts for the full fiscal year.

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