Last year's financial results announcements for companies listed on the Tokyo Stock Exchange peaked on the 14th.
While the effects of the new coronavirus have been prolonged, 50% of companies have "increased profits" in the final profit, while 48% have "decreased profits" or "deficits" in total. It is pointed out that it is a "K-shaped" settlement of accounts that will become clearer.
On the 14th, when the announcement of financial results reached its peak, 387 companies listed on the First Section of the Tokyo Stock Exchange disclosed their financial results for fiscal 2020 last year.
Analyzing the financial results of 1033 companies announced by SMBC Nikko Securities by the 13th, the final profit and loss was "increased" for 519 companies, which is 50%.
With the recovery of exports to the United States and China, profits increased significantly in the "manufacturing industry" such as electric appliances, automobiles, and semiconductors.
In addition, the “information / communications industry” was also strong due to the progress of teleworking.
On the other hand, 370 companies (35%) had a "decrease in profit" and 135 companies (13%) had a "deficit".
The “non-manufacturing industry” suffered a series of severe financial results due to aviation, railways, and eating out.
As the effects of the new coronavirus have been prolonged, the polarization between industries that have been affected by the increase in exports and other industries that have been affected by movement restrictions and shortened business hours has become clear.
Hikaru Yasuda, a stock strategist at SMBC Nikko Securities, said, "The pace of recovery is different between manufacturing and non-manufacturing industries, and it looks like the letter" K "in the alphabet. In addition, it will be interesting to see how the conflict between the United States and China affects the production of companies. "