Japan's multinationals take the win from weak yen

Business trendsToyota, Sony, Muji among those upgrading full-year profit forecastsThe median yen-expectations figure among Topix constituent companies is close to 154 to the dollar this month, up from 150 at the end of May, indicating a weakening outlook for the currency from Japanese corporations after it recently dipped to over 160. (Source photos by Tomoki Mera, Hirotake Kitagawa, Tomoko Wakasugi and Shintaro Ino)AKANE OKUTSU, YURIKA YONEDA and JADA NAGUMOAugust 10, 2026 14:30 JSTTOKYO -- Japanese multinational companies are seeing major business benefits from the weak yen, with many making upward revisions to forecasts during the latest earnings season.