TOKYO -- AI-related investments have helped Japan's manufacturing industry enter a recovery, with the sector posting an 8% year-on-year net profit increase in the April-December 2024 period after a 6% decrease in April-September.
Nikkei compiled data from 331 manufacturing companies, excluding subsidiaries of listed parent companies, that had announced their results for the April-December period as of Friday. They account for 70% of manufacturing companies that have fiscal years ending in March, or 80% by market capitalization.
