Japan's top listed firms on track to score profit record three-peat

Toyota, Isetan Mitsukoshi, Fuji Electric among those driving gains for fiscal 2023

20240216N Lexus

Lexus vehicles are being assembled at a Toyota Motor plant. The automaker appears set to break its profit record this fiscal year. (Photo by Toshiki Sasazu)

SHOTA UEHARA and AKI SAKATA, Nikkei staff writers

TOKYO -- Listed Japanese companies appear set to post record profits for the third straight year, a Nikkei analysis shows, with the total surpassing earlier projections thanks to reopened borders, price hikes and the depreciating yen.

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