Nonmanufacturing profit seen sliding only 5% on entertainment and retail strength

20250818N Nojima

Electronics retailer Nojima was among retailers that contributed to a growing proportion of nonmanufacturing net profits for Japanese companies. (Photo by Kento Hirashima)

HIDEAKI HIGASHIURA

August 19, 2025 03:27 JST

TOKYO — The nonmanufacturing sector is poised to account for around 60% of total net profits for Japanese companies this fiscal year, the highest share in six years as businesses revise their forecasts to reflect smaller earnings declines.