Interim financial peak Manufacturing profits continue to decline
Announced interim financial results for listed companies peaked on the 31st. Production and exports were sluggish due to trade friction between the United States and China, and the ordinary income of the “manufacturing industry” decreased by 19% compared to the same period last year. It is out.
On the 31st of the Tokyo Stock Exchange, approximately 250 companies, or about 17% of the listed companies listed in the March fiscal year, announced their interim financial results and reached a peak.
According to the summary of securities major “SMBC Nikko Securities”, the ordinary income of “Manufacturing”, whose financial results were announced by the 30th, decreased by 19.1% from the same period last year.
By industry, “machinery” such as construction machinery decreased 29.9%, “electric equipment” such as electrical manufacturers decreased 19.6%, and “transport equipment” such as automobile parts manufacturers decreased 17%.
Forty-one out of 118 manufacturing companies have revised their forecasts for recurring profits down this year, largely due to the slowdown in the global economy caused by prolonged trade friction between the United States and China, and sluggish production and exports. It is.
On the other hand, “non-manufacturing” recurring profit increased 3.7% compared to the same period last year.
Among them, “Retail”, which seems to have had last-minute demand accompanying the increase in the consumption tax rate, increased by 2.9%.
“In the second half of this fiscal year, it is necessary to pay attention to whether consumption will decline due to a reaction to last-minute demand and will not affect the performance of retailers.” The future of overseas economies, such as trade friction between the United States and China, is uncertain, and the difficult business environment will continue for many manufacturers. "