Japanese listed firms log record net profits in 2025

Combined net profits at Japanese listed companies in fiscal 2025 rose 9.0% from the previous year to a record, according to SMBC Nikko Securities. Combined net profits at Japanese listed companies in fiscal 2025 rose 9.0% from the previous year to a record ¥54.7 trillion, according to SMBC Nikko Securities. The figure for the year ended in March hit a record high for the fifth consecutive year, thanks to rosy earnings of semiconductor-and data center-related companies amid strong demand for artificial intelligence, as well as strong earnings of banks on the back of higher interest rates. SMBC Nikko Securities compiled earnings data for 1,116 Tokyo Stock Exchange-listed companies in the TOPIX stock price index that close their books in March, with 99.5% of them having disclosed their fiscal 2025 earnings as of Thursday. While auto companies and other transportation equipment firms suffered sharp profit drops from the impact of a U.S. high tariff policy, profits were boosted in a wide range of industry sectors, such as electric appliances, telecommunications and nonferrous metals, supported by growing AI demand.