Nearly 20% of Japanese companies expect to post record profits in the fiscal year ending March 2026, Nikkei Asia reported Friday, citing data it compiled from about 2,000 listed firms.

Of those, 383 companies, or 19%, project their highest-ever net profits, despite challenges such as trade tensions, the publication said.

Nidec (TYO:6594), Ajinomoto (TYO:2802), Capcom (TYO:9697), Konami (TYO:9766), Zensho (TYO:7550), Itochu (TYO:8001), and Isetan Mitsukoshi (TYO:3099) are among firms forecasting gains via strong overseas sales, domestic focus, or cost-cutting, according to the report.

In contrast, Toyota (TYO:7203) and Mitsubishi (TYO:8058) expect profit declines due to tariffs and falling resource prices, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)