TOKYO -- Corporate Japan delivered a record profit for fiscal 2016 despite headwinds from a strong yen that pushed down sales, as trading houses rebounded from a resources plunge and communications companies rode the smartphone boom.
Non-manufacturing sector flourishes despite strong yen

Japan Inc.'s record profit came despite falling revenue from a stronger yen.
TOKYO -- Corporate Japan delivered a record profit for fiscal 2016 despite headwinds from a strong yen that pushed down sales, as trading houses rebounded from a resources plunge and communications companies rode the smartphone boom.