The combined pretax profit of nonfinancial companies listed on the first section of the Tokyo Stock Exchange appears to have swung back into the black in the first half of fiscal 2009, according to data compiled by Nikko Cordial Securities Inc.
The 497 nonfinancial firms on first section that close their books in March reported as of last Friday that they had booked a combined pretax profit of ¥3.76 trillion, compared with a loss of ¥330 billion in the second half of fiscal 2008, Nikko said.
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