BUSINESS / Companies

Many Japanese firms log higher April-September net profits

Group net profit at Tokyo Disney Resort operator Oriental Land doubled to a record ¥54.5 billion in the April-September period, boosted by the popularity of events marking Tokyo Disneyland's 40th anniversary and a steady rebound in foreign visitors. | KYODO

JIJI

Nov 10, 2023

Many Japanese companies have logged year-on-year increases in April-September net profits in the ongoing earnings reporting season.

The normalization of economic activity from the COVID-19 crisis and the depreciation of the yen have boosted earnings, especially at firms in the automotive and leisure sectors.

A number of companies revised up their net profit forecasts for the full year ending next March.

Many Japanese firms log higher April-September net profits

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