TOKYO -- Combined net profit at major Japanese companies is projected to grow 6% in fiscal 2024 to a fourth straight record high, with tourism, entertainment and a weaker-than-expected yen driving a wave of upward revisions to forecasts.
Despite slew of upgrades, projections stay conservative amid tariff uncertainty

The record number of tourists coming into Japan is boosting profit outlooks for companies such as ANA Holdings. (Photo by Akira Kodaka)
TOKYO -- Combined net profit at major Japanese companies is projected to grow 6% in fiscal 2024 to a fourth straight record high, with tourism, entertainment and a weaker-than-expected yen driving a wave of upward revisions to forecasts.