Canon is forecasting operating profit 42% higher than the figure it gave previously, while Nidec has lifted its outlook by 12%.
For Gearoid Reidy's latest contributions to The Japan Times, see below:
More than 3.4 million people put the risk of virus infection aside to turn up for the opening weekend of "Demon Slayer: Kimetsu no Yaiba the Movie: Infinite Train."
Last week, foreign traders spent ¥1.42 trillion ($13.5 billion) on Japanese stocks — the most in more than 18 months and the fifth-largest amount on record.
With shares up almost 25% since its last earnings, all eyes will be on its performance in the latest quarter when it announces results Oct. 30.
The August announcement, among the largest investments ever made by Buffett in Japan, boosted investor interest in the trading companies.
The firm, which owns theaters and also produces movies, has seen its stock recover 45% from its March low.
Shares in GMO Internet Inc., a tech conglomerate, jumped as much as 5.5 percent Thursday after founder and CEO Masatoshi Kumagai tweeted that he’d had dinner with Suga.
While global cinemas are reeling from the coronavirus and delays to “Dune” and the latest James Bond release, shares of Japan’s biggest movie company are climbing back toward a record high as the world’s third-largest movie market slowly returns to normal.
Some Nintendo bulls believe the company can transform into one that’s able to roll out incremental new platforms while retaining its user base.
The Nikkei 500, an index that includes 275 more companies than the benchmark 225-issue Nikkei average, rose to a record Monday, topping the closing high in December 1989.