Nikkei: The depreciation of the yen will bring profit dividends 34 companies to increase the income of 240 billion yen

China Well -off. August 3rd. The depreciation of Lao Ma yen is supporting the performance of Japanese listed companies.According to statistics, as of the end of July, the data of 34 major Japanese companies in the financial reports of 2022 to June in 2022, the effectiveness of the yen depreciating and pushing high profits exceeded 240 billion yen.Reaching 16 % of the net profit of 34 companies will help to resolve the negative effects of raw material prices, and the company has raised the performance forecast of fiscal year 2022 (as of March 2023).

Mitsubishi Automobile Okayama Factory

Japan Economic News reported that Nikkei surveyed a total of 48 companies such as the Nikkei average index stocks and profitable Japanese electricity in the Japanese Economic Report on July 29.Among them, there are 34 companies that record the exchange rate influence and exchange profit and loss in the financial report instructions and profit and loss sheets.Based on the background of the US interest rate hike brought about the interest rate difference between Japan and the United States, the yen depreciated. The average exchange rate in the period from April to June 2022 was 1 USD 1 against nearly 130 yen, a depreciation of 20 yen over the same period last year.

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