Japanese enterprises are more profitable than expected, and stock markets are rising or entering a new phase

japanese enterprises had the highest rate of profitability in five years, and the market generally believed that strong profit growth in industries would drive the market back, going beyond transactions related to artificial intelligence. data show that in the three months up to june, about 71 per cent of japanese enterprises earned more than analysts predicted that the combined net profit of 500 of the largest enterprises amounted to 21 trillion yen (approximately $132 billion), more than the approximately 18 trillion yen recorded a year ago. the epi component shares are expected to have a profit margin of 9.3 per cent, the highest level of such data in more than three decades. according to the strategist of the resona holding company, domestic demand-type enterprises performed more than expected and investor interest expanded, and this trend is expected to continue。