Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Articles One-fourth of Japan Inc. logs record profit for fiscal 2015 Foreign tourists in Japan gave a major boost to corporate earnings.
May 10, 2016 04:10 JST | Japan
TOKYO -- One-quarter of listed Japanese companies have reported record pretax profit for the year ended in March as inbound tourism and low resource prices buoyed corporate earnings.
This record profit was achieved by 26% of companies that reported results by Monday, data compiled by The Nikkei shows. Pretax earnings improved at 61% of all companies covered.
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