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Japan's publicly traded companies reported record profits for the first half of the fiscal year, from April to September, marking the fourth consecutive year of growth. This achievement is largely attributed to strong performances in the finance and transportation sectors, which helped offset declines in the automotive and other manufacturing industries. The analysis indicates that while the manufacturing sector faced challenges due to a global economic slowdown, non-manufacturing sectors, particularly finance, shipping, and railways, showed robust growth. The impact of rising interest rates and the introduction of the new NISA investment scheme contributed positively to the financial sector's performance.
🇯🇵 #Japan Inc. logs record 1st-half profit despite manufacturing woes – Nikkei https://t.co/MEE8ekIcaL
Japan's publicly-traded companies logged record profits for the April-September half for the fourth year in a row, according to an analysis, as a boost in the finance and transportation sectors offset the downturn among automakers and other manufacturers. https://t.co/sz1GwwLXF7 https://t.co/ROsEWkbSc8
#Q2FY25 corporate earnings show mixed results across sectors. While oil & gas, automotive, power, and #FMCG saw profit declines, sectors like construction, pharma, and IT software posted double-digit growth. BFSI, construction, and infra drove 58.2% of sectoral earnings. Analysis… https://t.co/mvAhoifzHP