Japan manufacturers' profits rise 20% on strong U.S. showing
TOKYO -- Aggregate net profits for listed Japanese manufacturers grew more than 20% on the year for the April-to-December period, on price hikes and brisk auto and machinery sales powered by a solid U.S. economy.
Nikkei looked at 285 manufacturing companies listed on the Tokyo Stock Exchange's Prime market, have fiscal years that run through March, and announced results by Wednesday.