32% of Japan companies boost full-year forecast amid AI demand, weak yen

Equipment makers benefit, while Toyota weathers US tariffs and Sony film revenue rises

20251119N Toyota

Toyota raised its net profit forecast by 270 billion yen, the largest upgrade for a single company, on expectations of strong hybrid vehicle sales. (Photo by Azusa Kawakami)

HIDEAKI HIGASHIURA and KOSUKE OKAMOTO

TOKYO -- Japanese companies appear to be shrugging off the impact of U.S. tariffs, with nearly one-third upgrading their full-year earnings forecast when releasing April-September results, buoyed partly by artificial intelligence-related demand in electronics and the weak yen.

Sponsored Content

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