Analysts are raising their outlooks for Topix companies faster than many major global indices. — Bloomberg
TOKYO: More and more Japanese companies are beating earnings expectations on growing artificial intelligence (AI) demand, the smaller-than-expected impact of tariffs and the weak yen, in a sign the rally in equities can go further.
Of the more than half of the Topix companies that have announced their quarterly earnings, almost 60% have beaten average analyst estimates by stocks covered by at least two analysts, data compiled by Bloomberg showed.
