TOKYO — Listed Japanese companies experienced a sharp increase in earnings during the April-June 2026 quarter, with profits jumping 70%. This surge was primarily fueled by the weak yen and increased spending linked to artificial intelligence (AI).

Key players such as Murata Manufacturing, Kioxia Holdings, and Fanuc benefited notably from the AI sector. Kioxia, a semiconductor company, forecasted a remarkable 31-fold profit surge amid fluctuating tech shares.

The weak yen also contributed to improved profitability for Japan's multinationals, helping to offset pressures in regions like the Middle East and China. This currency advantage has been a significant factor in the positive business trends observed across various Japanese industries.

Investments by U.S. tech companies have further supported a wide range of Japanese sectors, reinforcing the growth momentum.

Sources