TOKYO -- Total net profits at listed Japanese companies are projected to fall 7% in the fiscal year ending March 2026, the first drop in six years, as trade and currency headwinds buffet manufacturers.
Autos and steel among sectors hardest hit by changing business environment

Major Japanese automakers' reliance on the U.S. market makes them vulnerable to tariffs. © Kyodo
TOKYO -- Total net profits at listed Japanese companies are projected to fall 7% in the fiscal year ending March 2026, the first drop in six years, as trade and currency headwinds buffet manufacturers.