Companies listed on the First Section of the Tokyo Stock Exchange The announcement of financial results from April to June peaked on the 30th.
While more than 70% of companies, mainly the manufacturing industry, which has a large amount of overseas sales, increased their profits, the retail industry, which has a large amount of domestic sales, did not perform well, and the difference between industries is clear.
On the 30th, about 300 companies, which is 14% of the companies listed on the First Section of the Tokyo Stock Exchange, announced their financial results for the three months from April to June, and reached their peak.
An analysis of the financial results of 197 companies that SMBC Nikko Securities had announced by the 29th showed that the final profits of 146 companies, which was 74%, increased, resulting in "increased profits".
With the recovery of exports to Europe, the United States, and China, where vaccination has progressed and the movement to resume economic activities has spread, profits have increased significantly, mainly in the automobile-related and electronic component manufacturing industries.
On the other hand, 36 companies with "decrease in profit" accounted for 18%, and 15 companies with "deficit" accounted for 7%.
In the retail industry, which mainly sells in Japan, the business performance is sluggish due to the impact of the declaration of emergency in Tokyo and Osaka, and the difference between industries is clear.
Regarding the future, SMBC Nikko Securities' Hikaru Yasuda stock strategist said, "Economic activities are expected to resume if vaccination progresses in Japan, so it is necessary to secure personnel and prepare a production system even for companies that are currently performing poorly. Isn't it? "