SMBC Nikko Securities released data on August 18, revealing that Japan's listed companies are anticipated to report a net profit of 44.9397 trillion yen (roughly equivalent to RMB 2.19 trillion) for the fiscal year 2025 (April 2025 to March 2026). This figure represents a 7.8% decline from the previous fiscal year, marking the first contraction in six years. The primary factor behind this trend is the heightened burden imposed by the United States' high-tariff policy, particularly the underperformance of manufacturing industry listed companies, including those in the automotive sector.