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

Corporate Japan learns to boost profitability

Net earnings of 1,566 listed companies rose by 35% last year

Mitsubishi Electric is among the Japanese companies profiting from demand for factory automation equipment.

TOKYO -- Japanese listed companies continue to improve their ability to generate profits, as they scored a second year of record profits in the year ended March 31, with automakers and manufacturers of chipmaking and industrial automation equipment leading the way.

Combined net profit of the 1,566 companies that have released their fiscal 2017 results by Friday rose 35% to 29.37 trillion yen ($264 billion), according to data compiled by Nikkei. The tally excludes financial companies.

Sponsored Content

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

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

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