In the nine-month financial results of companies listed on the First Section of the Tokyo Stock Exchange until December last year, the total final profit exceeded the level before the spread of the new corona.
The recovery of corporate performance is becoming clearer due to the recovery of automobile production and the recovery of consumption.
SMBC Nikko Securities analyzed the financial results of 1107 companies listed on the First Section of the Tokyo Stock Exchange for the fiscal year ended March 31, which had been announced by the 9th of this month, for the nine months from April to December last year.
According to this, about 70%, or 789 companies, increased their final profits compared to the same period of the previous year.
The main reasons for this are that the effects of the shortage of parts have eased and automobile production has recovered, and that the spread of infection has once subsided and consumption has picked up.
As a result, the total final profit is more than 28 trillion yen, which exceeds the nine months until December 2019, which is before the spread of the new corona infection, and the recovery of corporate performance is clear.
Regarding the one-year earnings outlook up to next month, SMBC Nikko Securities said, "Since the outlook of each company does not fully reflect the impact of Omicron shares, the point is how far the impact of priority measures will have on economic activities. It will be. "