1 in 5 Japan companies project record profit despite trade headwinds

Nidec, Ajinomoto and others bypass tariff concerns by producing locally

20250605N Nidec

Nidec is benefiting from a system that allows it to produce in locations close to customers and procure parts locally. (Photo by Eisaku Nitta)

HIDEAKI HIGASHIURA

TOKYO -- Despite growing headwinds from trade friction, one in five Japanese companies expects to achieve record profits in the year ending March 2026, Nikkei has found, with those that produce overseas or make uniquely Japanese products in a particularly good position.

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